Located in Oakland County
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.
Michelle Zarghami
Berkshire Hathaway HomeServices Kee Realty
(947) 225-6585
66 Total Sales
3 in Waterford
$230K - $375K Price Range
Lori Chattinger
Berkshire Hathaway HomeServices Kee Realty NB
(586) 800-3099
99 Total Sales
1 in Waterford
$318,000 Price
Theresa St. Dennis
Keller Williams First
(810) 777-7413
55 Total Sales
1 in Waterford
$273,000 Price
Mary Leon
RE/MAX First
(947) 900-8194
68 Total Sales
2 in Waterford
$280K - $1.2M Price Range
Ryan Maceri
KW Platinum
(947) 900-8880
244 Total Sales
2 in Waterford
$85K - $420K Price Range
Mark Gibeau
EXP Realty Rochester
(248) 927-1113
114 Total Sales
9 in Waterford
$164K - $555K Price Range
On average, homes in Waterford, MI sell after 31 days on the market compared to the national average of 58 days. The median sale price for homes in Waterford, MI over the last 12 months is $275,000, up 2% from the median home sale price over the previous 12 months.
|
Median List Price
$281,000
|
Median Sale Price
$275,000
|
|
Median Single Family Sale Price
$290,000
|
Median Townhouse Sale Price
$176,000
|
|
Median 2 Bedroom Sale Price
$200,000
|
Median Change From 1st List Price
1%
|
|
Last 12 months Home Sales
897
|
Median Home Sale Price YoY Change
2%
|
|
Average Price Per Sq Ft
$207
|
|
|
Number of Homes
24,274
|
Number of Homes for Sale
129
|
|
Median Year Built
1963
|
Months of Supply
1.70
|
|
Average Single Family Home Size Sq Ft
1,509
Significantly below the national average
1,933
|
Average Townhouse Size Sq Ft
1,411
|
|
Average 2 Bedroom Size Sq Ft
1,240
|
Average 1 Bedroom Size Sq Ft
942
|
|
Median Lot Size Sq Ft
11,761
|
|
$975,000
Experience the peace and tranquility of this updated contemporary lakefront home with 50 ft of frontage on the south shore of 367-acre private all-sports Elizabeth Lake and wonderful panoramic views from the 9 sets of lakeside Andersen door-walls! With over 3,400 sq ft of beautifully finished living space across three levels, this thoughtfully designed home blends elevated style and relaxed lake
$499,900
All Sports Lake living!! This custom-built Waterford home offers the ultimate lake lifestyle with access to multiple lakes, all-sports privileges, ample storage for all your water toys, high ground positioning, and separate waterfront parcels. Enjoy deeded lots on beautiful Lester Lake with access to Van Norman Lake and Greens Lake by boat, plus Lotus and Maceday Lakes by kayak or canoe. This
$649,900
*Open House Friday 12th , 3PM-6PM, Saturday 13th, 11AM-4PM, Sunday 14th, 11AM-4PM*Stunning West Bloomfield home perfectly positioned on a desirable corner lot! Boasting 4 bedrooms, 3 full baths, and 1 half bath, this spacious residence offers an open and airy floor plan filled with abundant natural light. The inviting living room features a cozy fireplace, while the beautifully remodeled
$649,900
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,
$345,000
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,
$429,900
***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
$975,000
Experience the peace and tranquility of this updated contemporary lakefront home with 50 ft of frontage on the south shore of 367-acre private all-sports Elizabeth Lake and wonderful panoramic views from the 9 sets of lakeside Andersen door-walls! With over 3,400 sq ft of beautifully finished living space across three levels, this thoughtfully designed home blends elevated style and relaxed lake
$259,000
Calling for all offers by 3:00 pm June 13, 2026, Charming and beautifully refreshed, this 1928 home blends timeless character with thoughtful updates throughout! This move-in ready home features 3 bedrooms, 2 full bathrooms, refinished hardwood floors, new carpet, fresh paint, and refreshed mechanicals. The updated kitchen includes newer appliances and offers a bright, functional space for
$499,900
All Sports Lake living!! This custom-built Waterford home offers the ultimate lake lifestyle with access to multiple lakes, all-sports privileges, ample storage for all your water toys, high ground positioning, and separate waterfront parcels. Enjoy deeded lots on beautiful Lester Lake with access to Van Norman Lake and Greens Lake by boat, plus Lotus and Maceday Lakes by kayak or canoe. This
$275,000
THIS PROPERTY HAS BEEN APPRAISED FOR $288,000! Ask us for the report! If you are looking to live in the city of water and lakes, then you will fall in love with this home and how cute the design is and all the updates! Just pull into your brand new driveway freshly poured this year! Welcome to 3168 Herbell Waterford Michigan! This newly and fully updated Ranch is beautifully updated with 3
$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,
$259,900
Welcome home to this absolutely adorable, fully updated ranch with coveted Elizabeth Lake privileges! From the moment you arrive, you’ll fall in love with the charm, light-filled spaces, and move-in ready condition of this turnkey home. Enjoy summer days in the fully fenced backyard featuring a screened-in porch with brand new screens, an outdoor patio perfect for entertaining, and a shed for
$649,900
*Open House Friday 12th , 3PM-6PM, Saturday 13th, 11AM-4PM, Sunday 14th, 11AM-4PM*Stunning West Bloomfield home perfectly positioned on a desirable corner lot! Boasting 4 bedrooms, 3 full baths, and 1 half bath, this spacious residence offers an open and airy floor plan filled with abundant natural light. The inviting living room features a cozy fireplace, while the beautifully remodeled
$289,000
Welcome home to this turnkey three-bedroom, two full bath smart home in a prime Waterford location just off Telegraph and Voorheis. Enjoy 1,800 sq ft of modern living with everything new as of 2022, soft-close cabinetry, recessed lighting, first-floor laundry, and premium appliances to include stainless steel stove, refrigerator, microwave, dishwasher washer and dryer. Smart home features include
Jill Abernethy Century 21 Curran & Oberski
$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
$1,350 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
$899 - $1,255 per month
$1,099 - $1,283 per month
$1,050 - $2,610 per month
$999 - $1,389 per month
$949 - $1,539 per month
$1,075 - $1,389 per month
$872 - $1,945 per month
$750 - $950 per month
|
Number of Homes for Rent
27
|
Median Rent
$1,947
|
|
Median Single Family Home Rent
$1,995
|
Median 4 Bedroom Single Family Home Rent
$2,275
|
|
Median Townhouse Rent
$795
|
Median Condo Rent
$1,460
|
|
Median 2 Bedroom Condo Rent
$1,700
|
|
|
Total Population
68,713
|
Median Age
44
|
|
Population Density
301 ppl/acre
|
Population under 18
19.9%
On par with the national average
23.8%
|
|
Population over 65
21.2%
On par with the national average
19.1%
|
|
|
Median Household Income
$70,419
Below the national average
$79,597
|
Average Household Income
$89,915
|
|
High School Graduates
91.7%
|
College Graduates
28.1%
Below the national average
34.1%
|
|
Advanced Degrees
9.4%
On par with the national average
13.3%
|
% Population in Labor Force
67.7%
|
|
Annual Precipitation
34''
|
Average Winter Low Temperature
18°F
|
|
Average Summer High Temperature
82°F
|
Annual Snowfall
31''
|
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.
