Market Intelligence · MI / Waterford

Waterford, MI 48329 Housing Market

The typical home value in Waterford, MI 48329 is $290,793, up 3.0% over the past year as of September 2026. The median list price is $336,200, and homes are spending a median of 41 days on the market.

Updated September 2026Median value$291K

The median home value in Waterford, MI 48329 is $291K as of September 2026, up 3.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48329 range

$268K to $314K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.0% over 12 months

Sep 2025$282K

Low $282KHigh $291K

Sep 2026$291K

The numbers

What is the 48329 housing market like?

As of September 2026

Typical home value

$291K

3.0%YoY

Median list price

$336K

1.1%MoM

Days on market

32.3%MoM

Homes for sale

10.3%MoM

Price cuts

29.5%

9.8%MoM

New listings

33.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48329 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48329 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48329 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 48329?

Zillow's forecast does not call for a drop: it expects typical home values in 48329 to rise 1.5% by September 2027, after a 3.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48329 home prices compare?

48329$290,793
Waterford$278,298
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Waterford: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 52 homes for sale in Waterford, MI 48329, with 24 new listings hitting the market. The median list price sits at $336,200, while the typical home value is $290,793, up 3.0% over the past year. Homes are moving in a median of 41 days, and 29.5% of listings have taken a price cut. That share of reductions suggests some sellers are starting above what buyers will pay. For a seller, the market is still appreciating, but realistic pricing from day one matters more than it did before.

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Common questions

What people ask us.

How much is a home in 48329 worth?

The typical home value in Waterford, MI 48329 is $290,793 as of September 2026, up 3.0% over the past year. The median list price is $336,200.

How fast are homes selling in 48329?

Homes in 48329 are spending a median of 41 days on the market as of September 2026.

Are sellers cutting prices in 48329?

Yes. As of September 2026, 29.5% of listings in Waterford, MI 48329 have had a price cut.

Discover

Nearby ZIP markets.

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