Michael Jones
Good Company
(947) 210-6970
69 Total Sales
2 in Waterford Township
$120K - $258K Price Range
Waterford Township
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 Township offers 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 Township 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.
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.
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 July 4th 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.
Written By
Collin Cope
Photography Contributed By
Colette Lane
Video By
Kellan Beaver
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Agents Specializing in this Area
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Michael Jones
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Bryan Redmond
Bryan Redmond
BHHS Kee Realty
(947) 218-7258
76 Total Sales
1 in Waterford Township
$339,000 Price
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Dan Wolan
Dan Wolan
Responds QuicklyBerkshire Hathaway HomeServices Kee Realty Bham
(947) 600-5578
34 Total Sales
3 in Waterford Township
$270K - $425K Price Range
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Justin Bercheny
Justin Bercheny
Max Broock, REALTORS-Royal Oak
(313) 484-2882
126 Total Sales
1 in Waterford Township
$245,000 Price
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Tim Gilson
Tim Gilson
Good Company
(947) 221-5273
417 Total Sales
9 in Waterford Township
$125K - $401K Price Range
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Johnathan Dugan
Johnathan Dugan
EXP Realty - Fenton
(947) 210-6523
61 Total Sales
5 in Waterford Township
$164K - $290K Price Range
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
- 9th to 12th
- Public
- 6th to 12th
- Public
- Pre-K to 12th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Drayton Plains Nature Center
- Grills
- Picnic Area
- Trails
Pontiac Lake Recreation Area
- Bike Trails
- Boating
- Camping
Hess-Hathaway Park
- Picnic Area
- Trails
- Playground
Dodge #4 State Park
- Bike Trails
- Boating
- Fishing
Herrington Park
- Baseball/Softball
- Picnic Area
- Trails
Huntoon Lake Access 1
- Boating
- Fishing
- Lake
Shell Park
- Baseball/Softball
- Grills
- Picnic Area
Silverhill Park
- Multi-Purpose Field
Maceday Lake Park
- Kayak/Canoe
- Ice Skating Rink
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Waterford Township | US |
|---|---|---|
| Homicide | 3 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 3 | 4 |
| Robbery | 3 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 4 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
Waterford Township Demographics and Home Trends
On average, homes in Waterford Township, Waterford sell after 57 days on the market compared to the national average of 70 days. The median sale price for homes in Waterford Township, Waterford over the last 12 months is $375,300, up 11% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$424,900
Median Sale Price
$375,300
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$335,200
Median 2 Bedroom Sale Price
$310,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
1,054
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$279
Neighborhood Facts
Number of Homes in Neighborhood
24,653
Number of Homes for Sale
123
Median Year Built
1963
Months of Supply
1.40
Average Single Family Home Size Sq Ft
1,513
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,346
Average 2 Bedroom Size Sq Ft
1,239
Average 1 Bedroom Size Sq Ft
940
Median Lot Size Sq Ft
11,761
Open Houses
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Sunday, Aug 312 - 1:30pm
$195,000
- 3 Beds
- 1.5 Baths
- 1,143 Sq Ft
- 4030 Letart Ave
- New 4 days ago
Welcome to 4030 Letart, Waterford, MI! This charming home is making its first appearance on the market after being owned and lovingly cared for by the original owners since 1960. Ready for your personal touch, this residence features three bedrooms and one and a half bathrooms, with the primary bedroom boasting its own half bath for added convenience. The spacious, fully fenced yard offers plenty
Lindsey Broadwell Real Broker LLC Clarkston
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Sunday, Aug 31 - 3pm
-
Saturday, Aug 211am - 1pm
$379,900
- 4 Beds
- 3 Baths
- 2,196 Sq Ft
- 300 Plumstead Rd
Welcome Home! This stunning 4-bedroom with 3-bath Cape Cod home is available now in Crescent Lake Estates. Almost 2200 square feet of true living space thoughtfully spaced out. Situated on a spacious lot just under an acre. Large garage. Possible split or add a pool, tennis/pickleball court or pole barn. This beautifully updated residence boasts an open floor plan with newer flooring
Todd Swenson Millennium Prop & Mgt Co LLC
Distribution of Home Values
Homes for Sale
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$549,900
- 2 Beds
- 1 Bath
- 1,507 Sq Ft
- 4675 Charest Ave
Don’t miss your chance to own this 1,500 sq. ft. ranch in a prime location with breathtaking southern-exposure views of one of Oakland County’s most coveted all-sports lakes. This charming home features an open floor plan that maximizes natural light and lake views, making it ideal starting point for your dream build or addition.Surrounded by luxury homes, this property offers incredible
Marcy SoufrineKeller Williams Premier(248) 406-6932 -
$319,900
- 5 Beds
- 2 Baths
- 1,728 Sq Ft
- 5835 Forestal Dr
- New 11 days ago
Welcome to this spacious 5-bedroom home located in the peaceful and sought-after Elizabeth Shore subdivision. Situated on a generous corner lot surrounded by mature trees, this property offers the perfect balance of comfort, privacy, and charm. Inside, you'll find a versatile layout with plenty of natural light, ideal for both everyday living and entertaining. Whether you're hosting guests or
Sotero Lopez IIEXP Realty Main(248) 599-0047 -
$144,900
- Land
- 7,840 Sq Ft Lot
- 0000 Cheyenne
Secluded Cass Lake canal front lot nestled off highly desired Gerundecut Bay. Build your dream home. See survey - lots 4 thru 6. Water/sewer at the street.
Marcy SoufrineKeller Williams Premier(947) 813-5454
Homes for Rent
-
-
-
$899 - $1,250 per month
- Heritage Park East
- 1-2 Beds
- 1 Bath
- 850+ Sq Ft
- 3325 Watkins Lake Rd
- Waterford, MI
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
68,713
Median Age
44
Population Density
4 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
On par with the national average
$71,702
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
Somewhat Bikeable
Bike Score®
44
/ 100
Somewhat Walkable
Walk Score®
60
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
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