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Waterford

Waterford

Located in Oakland County

$321,138 Average Value
$209 Average Price per Sq Ft
101 Homes For Sale
The sun sets over Coles Bay, gazing towards Cass Lake in Waterford.
The sun sets over Coles Bay, gazing towards Cass Lake in Waterford.

Waterford Township is a Detroit suburb with lakeside living

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.

Numerous lakes are central to recreation and community

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.

Gaze upon Dodge #4 State Park and Cass Lake from above.
Gaze upon Dodge #4 State Park and Cass Lake from above.
The sun sets over Coles Bay, gazing towards Cass Lake in Waterford.
The sun sets over Coles Bay, gazing towards Cass Lake in Waterford.
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Waterfront living with well-kept homes and lawns

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.

Explore exquisite lakefront residences gracing Crescent Lake in Waterford.
Explore exquisite lakefront residences gracing Crescent Lake in Waterford.
Discover lakefront homes on Maceday Lake Road in Waterford.
Discover lakefront homes on Maceday Lake Road in Waterford.
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Brunch spots and family diners with outdoor views

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.

The Fork n' Pint restaurant serves delicious meals and brews.
The Fork n' Pint restaurant serves delicious meals and brews.
Savor breakfast at Brody's on Cass, nestled in Waterford.
Savor breakfast at Brody's on Cass, nestled in Waterford.
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Fireworks light up the sky during July 4th events

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.

Parks and trails offer hiking, volleyball and farm animals

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.

Kids love the playground at Hess-Hathaway Park.
Kids love the playground at Hess-Hathaway Park.
Santa is sure to visit Hess-Hathaway Park.
Santa is sure to visit Hess-Hathaway Park.
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Colette Lane
Photography Contributed By
Colette Lane
Brice Maddox
Video By
Brice Maddox

Interested in learning more about homes in this area? Reach out to Crystal Halley, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
24,284
Number of Homes for Sale
101
Median Year Built
1963
Months of Supply
1.30
Average Single Family Home Size Sq Ft
1,509
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
1,407
Average 2 Bedroom Size Sq Ft
1,242
Average 1 Bedroom Size Sq Ft
939
Median Lot Size Sq Ft
11,761

Open Houses

  • Sunday, May 3
    Open Sun 1PM - 3PM

    2497 W Walton Blvd, Waterford, MI 48329

    $774,000

    • 3 Beds
    • 2 Baths
    • 1,575 Sq Ft
    • 2497 W Walton Blvd
    • New 1 day ago

    PRIVATE ALL-SPORTS Silver Lake, offering breathtaking sunset views, 90-foot-deep water, and the ideal setting to enjoy boating and all watersports. This extensively updated ranch features 3 bedrooms, 2 full baths, and nearly 2,900 sq ft of finished living space with a light-filled, open-concept layout and expansive windows showcasing panoramic lake views. The designer-updated kitchen is equipped

    Stephen Cole Signature Sotheby's International Realty Bham

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  • Saturday, May 2
    Open Sat 12PM - 2PM

    2596 N Williams Lake Rd, Waterford, MI 48327

    $877,777

    • 5 Beds
    • 4 Baths
    • 2,587 Sq Ft
    • 2596 N Williams Lake Rd
    • New 2 days ago

    Truly a LUCKY FIND! Exceptional lakefront opportunity on highly sought-after all-sports Williams Lake, tucked away off the main road for added privacy. Featuring 75 ft of rare, pristine sandy beach frontage with highly swimmable conditions, enhanced by extensive boulder landscaping. Beautifully positioned brick ranch on a deep 75x200 lot with breathtaking panoramic lake views. Versatile layout

    Pam Ford Morgan @properties Christie's Int'l R E Clarkston

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  • Saturday, May 2
    Open Sat 11AM - 12PM

    977 Boston Ave, Waterford, MI 48328

    $210,000

    • 3 Beds
    • 1 Bath
    • 1,042 Sq Ft
    • 977 Boston Ave
    • New 11 days ago

    Welcome to 977 Boston Avenue, this 3 bedroom 1 bathroom ranch. Major updates already done for you—featuring a tear-off roof and new gutters (2024), plus a furnace (2019) and a newer HWT. This move-in-ready home offers a fresh coat of paint throughout the house, and a kitchen equipped with stainless steel appliances. Situated on a spacious lot, the property provides plenty of outdoor potential

    Emily Henderson Century 21 Curran & Oberski

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Waterford Has More Owners

Rental Home Trends

Number of Homes for Rent
20
Median Rent
$1,200
Median Single Family Home Rent
$1,900
Median 4 Bedroom Single Family Home Rent
$2,150
Median Townhouse Rent
$795
Median Condo Rent
$1,250
Median 2 Bedroom Condo Rent
$1,697

Demographics

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%

Finances

Median Household Income
$70,419
Below the national average
$79,597
Average Household Income
$89,915

Education and Workforce

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%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
18°F
Average Summer High Temperature
82°F
Annual Snowfall
31''

Area Factors

Fairly friendly

Bike Score®®

40 / 100

Fairly friendly

Walk Score®®

50 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Waterford