Why Live in Waterford Township
Waterford Township, located in the outer suburbs of Detroit, is known for its affordable lakeside living and community-oriented atmosphere. With over 30 lakes, residents have ample opportunities for water recreation, including private lakefront access and public parks like Dodge #4 State Park, which offers beachside access to Cass Lake and an Observation Pier. The Pontiac Lake Recreation Area provides camping and beach lounging, while winter activities include ice fishing and pond hockey. Hess-Hathaway Park features a playground, volleyball courts, and live farm animals, and the Pontiac Lake Trail offers hiking opportunities. The neighborhood is safer than the national average, contributing to its appeal.
Housing in Waterford Township includes single-family ranchers and contemporary lakeside homes, often with docks and large lawns. Dining options are plentiful, with local favorites like Fork N’ Pint near Coles Bay, 4th Tavern Lakehouse on Crescent Lake, and Brody’s on Cass offering a range of American fare. Grocery needs are met by nearby Kroger and Meijer stores. The community spirit is evident during Independence Day, with individual lakes hosting their own fireworks displays. Overall, Waterford Township provides a blend of lakeside living, community engagement, and various things to do, making it a unique and appealing neighborhood.
Home Trends in Waterford Township, MI
On average, homes in Waterford Township, Waterford sell after 27 days on the market compared to the national average of 52 days. The median sale price for homes in Waterford Township, Waterford over the last 12 months is $279,450, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$279,450
Median Single Family Sale Price
$290,000
Median Townhouse Sale Price
$198,000
Median 2 Bedroom Sale Price
$201,000
Median 1 Bedroom Sale Price
$84,000
Average Price Per Sq Ft
$212
Number of Homes for Sale
140
Last 12 months Home Sales
1,038
Median List Price
$289,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
9%