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Waterford Michigan Real Estate Guide
Oakland County • Zip Codes: 48327, 48328, 48329

Living in Waterford, MI

Over 34 lakes offering Metro Detroit's most accessible waterfront living, boating communities, and strong home values.

$315,000
Avg. Selling Price
18 Days
Average Days on Market
70,565
Population
B+
School District Rating

Welcome to Waterford

Located in the geographical center of Oakland County, Waterford Township is a boater's paradise boasting 34 lakes—including Cass Lake (Oakland County's largest and deepest all-sports lake), Elizabeth Lake, Loon Lake, and Watkins Lake.

Waterford provides an exceptional range of housing from affordable first-time buyer ranches to million-dollar lakefront estates with private docks and sandy beaches.

County: Oakland County
Zip Codes: 48327, 48328, 48329
School Districts: Waterford School District & Clarkston / Walled Lake pockets

What Locals Love About Waterford

Dining & Shopping

Waterfront tiki bars, casual lakeside grills, and family-owned restaurants along Dixie Highway and M-59.

Parks & Recreation

Dodge #4 State Park on Cass Lake, Hess-Hathaway Park, Waterford Oaks County Park, and Pontiac Lake Recreation Area nearby.

Schools & Education

Served by Waterford School District (Mott and Kettering High Schools) and Oakland Community College (Highland Lakes).

Commute & Location

Centrally positioned along M-59 and Dixie Highway with Oakland County International Airport right in town.

Featured Homes in Waterford

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No active listings found in Waterford at the moment.

Frequently Asked Questions About Waterford, MI Real Estate

Which lakes in Waterford are all-sports lakes?

Cass Lake, Elizabeth Lake, Watkins Lake, Williams Lake, Loon Lake, and Maceday/Lotus Lake are among the premier all-sports lakes in Waterford.

Is Waterford a good area for first-time homebuyers?

Yes. With an average sale price near $315,000 for non-waterfront homes, Waterford offers some of the best value per square foot in central Oakland County.

How much do lakefront homes cost in Waterford, MI?

All-sports lakefront homes in Waterford generally range from $550,000 on smaller lakes up to $1.5M–$3M+ on Cass Lake and Elizabeth Lake.

Moving to Waterford?

Our local experts have the inside scoop on off-market properties and upcoming listings in Waterford.

Waterford Market Snapshot

Market TempCompetitive
Avg. Selling Price$315,000
Avg. Days on Market18 Days
Recent Sales (180d)380 Homes
Browse Waterford Listings