The housing market in Waterford, MI (48328) is worth looking into for potential buyers. The median home value in 48328 is $212,600 and the US median home value is $338,100. This means that the homes in this area are significantly more affordable than many other places across the country. However, it's important to note that appreciation of homes in this area has been just slightly below the national average over the past year at 8.00%, compared to the US average of 8.27%. All things considered, Waterford provides a great opportunity for those looking for an affordable place to live with decent appreciation potential.
The median home cost in Waterford (zip 48328) is $212,600. Home appreciation the last 10 years has been 110.3%. Home Appreciation in Waterford (zip 48328) is up 11.2%.
Average Age of Homes
- The median age of Waterford (zip 48328) real estate is 49 years old
The Rental Market in Waterford (zip 48328)
- Renters make up 36.0% of the Waterford (zip 48328) population
- 0.7% of houses and apartments in Waterford (zip 48328), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.