Why Live in Walled Lake
Walled Lake is a vibrant community known for its namesake lake and abundant recreational opportunities. Residents enjoy Mercer Beach, a popular summer spot with a 200-foot swimming area, and other nearby lakes like Wolverine Lake and Mud Lake. Hiram Sims Memorial Park offers a walking trail, playground, and sports courts, while the Michigan Air Line Trail provides nearly 30 miles of paths for walking, running, and biking. The Walled Lake Consolidated School District is highly rated, with Hickory Woods Elementary and Walled Lake Northern High School being notable options. Housing options range from manufactured homes and ranches to Colonials and Cape Cods, with prices varying widely. The area has a low crime risk compared to the national average. Convenient highway access via M-5, 696, and 275 makes commuting to Detroit, Ann Arbor, and the airport straightforward. Shopping and dining are concentrated around North Pontiac Trail and East West Maple Road, with options like Freshway Market and Sushi Den, and lakeside dining at The Beach Tiki Bar & Boil. Larger retailers like Costco and Target are just 3 miles away in Commerce Charter Township, and 12 Oaks Mall is 4 miles south in Novi. Annual events include the Summer Concert Series, Easter Egg Hunt, Farmer’s Market, and December Tree Lighting, adding to the community's charm.
Home Trends in Walled Lake, MI
On average, homes in Walled Lake, MI sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Walled Lake, MI over the last 12 months is $255,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$255,000
Median Single Family Sale Price
$341,000
Median Townhouse Sale Price
$220,000
Median 2 Bedroom Sale Price
$242,500
Median 1 Bedroom Sale Price
$174,900
Average Price Per Sq Ft
$205
Number of Homes for Sale
21
Last 12 months Home Sales
161
Median List Price
$267,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-10%
