Named for an abundance of lakes in the outer suburbs of Detroit, Waterford Township offers affordable lakeside living within minutes of dining and other amenities. Despite making up a large swath of land in the Northwest Detroit metropolitan area, Waterford has a small-town feel and is known among longtime residents for its community-minded setting, where neighbors prioritize taking care of their homes.
With over 30 lakes positioned around residential areas and parks, Waterford gives residents plenty of access to water recreation, making it stand out from other Detroit-area neighborhoods. Housing is often positioned right along lakefronts, with private access to the water. For public use, large parks such as Dodge #4 State Park offer beachside access to Cass Lake, as well as spots to fish and take stunning photos on the lake’s Observation Pier.
Around smaller, community-centered lakes, some residents organize neighborhood associations like the Elizabeth Lake Beach Association. Alternatively, residents can check out the Pontiac Lake Recreation Area for camping under the thick tree cover or lounging on Pontiac Lake Beach. In the winter, some lakes are available for ice fishing, ice skating and pond hockey.
As a Keller Williams real estate agent in the area, Marcy Soufrine says Waterford Township residents "really care about their homes" and "take good care of them." Many homes in the area are single-family ranchers, while many lakeside homes offer more contemporary designs, often accompanied by docks on the property. Some plots offer large lawns, but within the city’s lakeside communities, an intimate and neighborly feel permeates. While single-family homes range between $100,000 and $500,000, open lots and condominiums are also available for less than $100,000.
For dining options, many local favorites are nestled within the township’s lakeside neighborhoods. Situated near Coles Bay, Fork N’ Pint is a go-to spot, particularly popular for its brunch. With an outdoor patio and highly reviewed breakfast/lunch fare from chicken & waffles to mimosas. At 4th Tavern Lakehouse, customers are treated to views of Crescent Lake on the outdoor patio, while enjoying no-fuss American fare like burgers, fries and grilled cheese. Brody’s on Cass is a family-owned diner just north of Cass Lake. For everyday grocery needs, Kroger and Meijer locations are found along Highland Road.
Independence Day is a big deal in Waterford, with individual lakes often hosting their own Fourth of July celebrations, lighting up the sky with an array of distinct fireworks shows. Soufrine says she encourages all her friends to visit during this time of year to catch this patriotic spectacle.
For a more traditional outdoor experience on land, Hess-Hathaway Park offers a playground and volleyball courts, as well as live farm animals living on the property year-round. Outdoor enthusiasts will find plenty of hiking along neighborhood trails, such as the Pontiac Lake Trail.
Interested in learning more about homes in this area? Reach out to , an experienced agent in this area.
Shannon Hall
Real Estate One-Plymouth
(947) 282-9573
175 Total Sales
1 in Waterford
$420,000 Price
Renee Apkarian
National Realty Centers
(947) 282-9939
14 Total Sales
8 in Waterford
$25K - $613K Price Range
Shy Cameron
Bynum Ward & Associates
(947) 210-6515
4 Total Sales
1 in Waterford
$89,900 Price
Shana Sine Cameron
Sine & Monaghan LLC
(313) 474-6840
304 Total Sales
1 in Waterford
$222,000 Price
Shelly Kovach
Brookstone, Realtors LLC
(947) 210-7928
54 Total Sales
10 in Waterford
$172K - $350K Price Range
Marie Moore
Solutions Realty Group LLC
(586) 789-9421
44 Total Sales
2 in Waterford
$265K - $311K Price Range
On average, homes in Waterford, MI sell after 31 days on the market compared to the national average of 56 days. The median sale price for homes in Waterford, MI over the last 12 months is $275,000, consistent with the median home sale price over the previous 12 months.
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Median List Price
$280,000
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Median Sale Price
$275,000
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Median Single Family Sale Price
$290,000
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Median Townhouse Sale Price
$188,450
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Median 2 Bedroom Sale Price
$206,750
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Median Change From 1st List Price
1%
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Last 12 months Home Sales
905
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Median Home Sale Price YoY Change
0%
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Average Price Per Sq Ft
$194
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Number of Homes
24,283
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Number of Homes for Sale
148
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Median Year Built
1963
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Months of Supply
2.00
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Average Single Family Home Size Sq Ft
1,516
Significantly below the national average
1,933
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Average Townhouse Size Sq Ft
1,428
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Average 2 Bedroom Size Sq Ft
1,247
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Average 1 Bedroom Size Sq Ft
942
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Median Lot Size Sq Ft
11,761
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$329,900
Welcome to this spacious condo with an amazing golf course view! This desirable end unit is located in a great area, close to shopping, restaurants, parks, and lakes. The main floor features a large great room with vaulted ceilings, ample windows, and plenty of natural light. You'll also find a gas log fireplace, wood floors, and an open floor plan. The updated kitchen includes an island,
$414,500
Buyer fell through!! Listed below appraised value! Welcome home to this beautifully updated property featuring a desirable first-floor primary suite, a fully finished walk-out basement, and a large private lot. The newer deck is perfect for entertaining or relaxing outdoors, while recent updates—including the furnace, A/C, and many other improvements—provide added peace of mind. Conveniently
Loren Hotchkiss Real Estate One
$699,000
Welcome to 3379 Wormer Dr. - Private Lakefront Retreat with 100' Frontage, Pool and Spectacular Sunset Views. This spacious 4 bedroom home sits on a virtually private bluff overlooking an all sports lake, which connects to three neighboring lakes. Your own panoramic water views and spectacular sunsets from the house, the deck or the pool. This home includes an in-ground gunite pool with water
Steven Koleno Beycome Brokerage Realty LLC
$1,500,000
Absolute stunner in the secluded and sought after Blain Island community on Maceday Lake. Waterford's hidden gem is as good as it gets. A home like this doesn't come up often. Blain Island is a breathtaking location on Maceday Lake and this home is in the heart of it. Located on a half acre directly on the water, you have the rare waterfront home that provides beautiful views, peaceful sunsets,
$289,999
Welcome home to your year-round staycation! Tucked away on a quiet dead-end street and nestled between the beautiful wooded surroundings and great Elizabeth Lake, this turn-key 3-bedroom, 1.5-bathroom split-level home offers the perfect blend of peace, privacy, and premier lake living—all with NO HOA fees. Boasting 1,447 sq. ft. of comfortable above-ground living space, plus an additional 400 sq.
$250,000
Waterford Brick Ranch with a large yard on the Silver Lake golf course!And Lake Privileges on Silver Lake. perfect home whether you are just starting out, or looking to downsize. 2 bedrooms, one bath, open living - dining room, eat in kitchen, and an adorable three season room off the large deck, and fully fenced backyard. New furnace, AC, roof, water heater, and garage door opener.
$599,900
Welcome to your private waterfront retreat on all-sports Williams Lake! Nestled on approximately 1.2 acres with an impressive 309 feet of lake frontage, this one-of-a-kind property offers breathtaking views, exceptional privacy, and timeless charm. This three-bedroom, two-bath home is filled with warmth and character, featuring rich wood finishes throughout, cathedral ceilings with exposed beams,
$489,900
Discover exceptional all-sports lake living in this custom-built Waterford retreat, perfectly positioned to capture beautiful views while offering deeded access to Lester Lake and an interconnected chain that includes Van Norman, Greens, Lotus, and Maceday Lakes. Set on high ground with separate waterfront parcels and abundant storage for all your recreational gear, this spacious 3-bedroom,
$329,900
Welcome to this spacious condo with an amazing golf course view! This desirable end unit is located in a great area, close to shopping, restaurants, parks, and lakes. The main floor features a large great room with vaulted ceilings, ample windows, and plenty of natural light. You'll also find a gas log fireplace, wood floors, and an open floor plan. The updated kitchen includes an island,
$409,900
***Open House Saturday June 13 from 1pm to 3pm*** Rare opportunity to own a detached ranch condo in the highly sought-after Windsong Park community of Waterford Township. Designed for comfort, convenience, and carefree living, this move-in-ready home offers true single-level living with wheelchair accessibility throughout, making it ideal for retirees, downsizers, or anyone seeking an easier
$900,000
Experience the ultimate in lakefront living with this updated contemporary home with 50 ft of frontage on the south shore of highly coveted 367-acre private all-sports Elizabeth Lake in Waterford! Boasting over 3,400 SF of beautifully finished living space across 3 expansive levels this 3-bedroom, 3-bathroom home perfectly pairs elevated style with relaxed waterfront tranquility. The open-concept
$159,000
** Buyer lost his financing! His loss is your gain** This charming 3-bedroom, 2 full bath home is full of potential and ready for your personal touch. Featuring wood floors, a full unfinished basement offering plenty of storage or future living space, and a convenient breezeway connecting the home to a spacious garage, this property has a great foundation to build upon. The fenced backyard
Susan Krumrey Howard Hanna Clarkston
$574,900
Modern New-Build ADA-Accessible Home in WaterfordWelcome to your brand-new, thoughtfully designed dream home! Situated on a spacious, large lot in Waterford, this newly constructed residence combines modern luxury, seamless accessibility, and incredible potential. Featuring a fully ADA-compliant main living layout, this home delivers 1,800 square feet of high-end finished space with a
Tom Wilhelm Wilhelm & Associates
$749,900
Wow! What incredible views....All Sports Lake Wormer lakefront cape code! This incredible new construction boasts an open floor plan with a first floor master! Once in a lifetime opportunity to buy a brand new house that has lakefront access in the back and views from the front! This house is super grandiose with soaring ceilings. Kitchen has white LaFata Cabinets with under cabinet lighting and
Katrina Berishaj Monopoly Real Estate, LLC
$1,350 per month
This renovated commercial building on Elizabeth Lake Road, located between Telegraph and Voorhies, offers excellent visibility with thousands of cars passing daily and is just minutes from Downtown Pontiac, M-59, M1 Concourse, Orchard Lake, and West Bloomfield. Four suites are available: Unit 200 (672 sq ft for $1,000/month), Unit 300 (1,084 sq ft for $1,350/month), Unit 400 (1,053 sq ft for
$935 - $1,135 per month
$2,600 per month
Beautifully updated 2-bedroom, 2-bath home just a few blocks from Dodge Park #4, situated along the north side of Cass Lake. This home features a recently updated kitchen with new appliances, luxury vinyl flooring throughout the first floor, and first-floor laundry. Additional highlights include a spacious 2-car garage. Dodge Park #4 offers a boat launch and beach, making it a fantastic spot for
$1,350 per month
This renovated commercial building on Elizabeth Lake Road, located between Telegraph and Voorhies, offers excellent visibility with thousands of cars passing daily and is just minutes from Downtown Pontiac, M-59, M1 Concourse, Orchard Lake, and West Bloomfield. Four suites are available: Unit 200 (672 sq ft for $1,000/month), Unit 300 (1,084 sq ft for $1,350/month), Unit 400 (1,053 sq ft for
$1,015 - $1,730 per month
$1,099 - $1,233 per month
$999 - $1,289 per month
$1,449 - $1,731 per month
$1,115 per month
$999 - $1,239 per month
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Number of Homes for Rent
22
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Median Rent
$1,997
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Median Single Family Home Rent
$2,000
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Median 4 Bedroom Single Family Home Rent
$2,000
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Median Townhouse Rent
$795
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Median Condo Rent
$1,413
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Median 2 Bedroom Condo Rent
$1,700
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Total Population
68,713
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Median Age
44
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Population Density
301 ppl/acre
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Population under 18
19.9%
On par with the national average
23.8%
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Population over 65
21.2%
On par with the national average
19.1%
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Median Household Income
$70,419
Below the national average
$79,597
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Average Household Income
$89,915
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High School Graduates
91.7%
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College Graduates
28.1%
Below the national average
34.1%
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Advanced Degrees
9.4%
On par with the national average
13.3%
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% Population in Labor Force
67.7%
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Annual Precipitation
34''
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Average Winter Low Temperature
18°F
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Average Summer High Temperature
82°F
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Annual Snowfall
31''
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Bikeability
Walkability
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
