Waterford, MI 48327 Real Estate Market Report

ZIP Code: 48327
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. $259,900 median sold price indicates realized transaction values are slightly below asking, which suggests sellers should expect flat pricing outcomes rather than premium offers.

2. 245 median days on market points to slower sales velocity and extended listing periods, so sellers may need staged pricing or concessions to maintain competitiveness.

3. $268,500 median listing price versus the sales outcome suggests modest pricing friction; buyers appear to have negotiating leverage in many transactions.

4. $1,511 median market rent combined with a down rent trend signals weakening rental income momentum, which may reduce near-term investor demand.

5. 192.91307496591924 median price per square foot and a reported neutral market temperature suggest valuation consistency across the local sample, but elevated interest rate pressure remains a downside risk.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.