Homes for Sale in Waterford, Michigan
Your Complete Guide to Living in Waterford
Oakland County, Michigan
About Waterford, Michigan
Updated May 2026
Living in Waterford, Michigan: A Complete Community Guide
Waterford, Michigan is one of Metro Detroit's most desirable affordable lake-community suburban township communities, offering residents an exceptional quality of life defined by abundant inland lakes, Pontiac Lake Recreation Area, affordability, and northern Oakland County's natural character. Located in Oakland County with approximately 70,000 residents, Waterford provides the perfect balance of suburban comfort and urban accessibility — just 32 miles / 35–45 min from Downtown Detroit via M-59 and M-24.
What Makes Waterford Special
Waterford Township offers access to dozens of inland lakes and Pontiac Lake State Recreation Area — making lakefront living and outdoor recreation available at some of the most affordable price points in Oakland County. Consistently recognized as one of Michigan's top communities, Waterford attracts professionals, families, and retirees who value strong schools, safe neighborhoods, and a thriving local economy. The median home price of $230,000 reflects the community's desirability.
From Waterford's affordable lake-community suburban township atmosphere to its proximity to major employment corridors, this community delivers on every front. Parks like Pontiac Lake Recreation Area, Waterford Oaks County Park, and Drayton Plains Nature Center provide year-round recreation, while the local business district ensures exceptional dining, shopping, and services are always nearby.
Real Estate in Waterford
The Waterford real estate market offers a range of options from classic ranch homes to newer construction subdivisions. With a median price of $230,000, buyers find genuine value relative to comparable Metro Detroit communities. Property values have shown consistent appreciation, making homeownership in Waterford both a lifestyle choice and a sound investment.
Schools & Education
Waterford is served by the Waterford School District, offering strong academic programming and community involvement. Students benefit from experienced educators and robust extracurricular offerings. Private school alternatives are also available in the surrounding area.
Healthcare
Residents have access to quality healthcare through McLaren Oakland Hospital and St. Joseph Mercy Oakland (Pontiac) and multiple urgent care centers and specialty clinics throughout Oakland County.
Commuting & Location
Waterford enjoys excellent highway access via M-59 and M-24, making the 32 miles / 35–45 min commute to Detroit manageable. Connections to I-75, I-96, and I-696 serve professionals working throughout the region.
Dining, Shopping & Entertainment
Waterford offers a growing selection of dining and retail options, from local neighborhood favorites to national chains. Proximity to larger commercial corridors ensures residents have access to world-class shopping and entertainment experiences close to home.
Why Choose Waterford?
For buyers prioritizing location, value, and community in Metro Detroit, Waterford delivers a compelling package. Whether you're a first-time buyer or upgrading to a larger home, Waterford, Michigan offers the schools, safety, and accessibility that matter most.
Relocation Guide
Moving to Waterford, Michigan — Everything You Need to Know
Welcome to Waterford! Here's everything you need to get settled in this great Oakland County community.
Setup Checklist
- Update address with USPS 2 weeks before your move
- Register to vote — Michigan allows same-day registration
- Transfer Michigan driver's license to 48328 within 30 days
- Register vehicle at any Secretary of State office
- Enroll children in Waterford School District early for fall semester
Utilities
- Electric: DTE Energy — dteenergy.com / 800-477-4747
- Gas: Consumers Energy — consumersenergy.com / 800-477-5050
- Water:Waterford Township Water Department — https://www.waterfordmi.gov
- Internet: Xfinity, AT&T Fiber, WOW! available in most areas
- Trash: Contact Waterford Public Works for schedule
Transportation
Primary highway access via M-59 and M-24 puts Downtown Detroit 32 miles / 35–45 min away. The road network connects efficiently to Metro Detroit's highway grid for straightforward regional commuting.
Schools
Contact Waterford School District central office for enrollment. Bring proof of residency, birth certificate, immunization records, and previous school transcripts. Active parent communities welcome new families.
Community Resources
- City Hall: https://www.waterfordmi.gov
- Library: Free library cards for residents
- Parks & Rec: Seasonal programs, sports leagues, fitness classes
- Chamber: Local business directory and events
Local Tips
- Join Waterford's Nextdoor or Facebook community group for local recommendations
- Michigan winters require all-season or snow tires — plan ahead
- Michigan No-Fault auto insurance rates vary by ZIP code — shop before moving
Real Estate
Waterford Real Estate Market Trends
Data as of May 2026
Waterford Real Estate Market Overview
The Waterford housing market is active and competitive, with a median home price of $230,000 and homes averaging 18 days on market. Demand from Metro Detroit buyers seeking value, good schools, and convenient location continues to drive activity in Waterford.
Year-over-year appreciation of +6.1% reflects sustained buyer interest. At $140 per square foot, Waterford delivers strong value relative to comparable Oakland County communities.
Inventory remains tight, giving sellers strong negotiating position. Buyers who work with experienced local agents and move decisively find the best outcomes in Waterford's market.
Contact Daryl Wizinsky & Associates for a complimentary market analysis with current listings and recent sales data for Waterford.
Browse by Budget
Browse Waterford Homes by Price
Find homes in Waterford, Michigan in your exact price range. Every card below links to a dedicated search page with current MLS listings filtered for that budget.
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Financing
Mortgage Calculator — Waterford, Michigan
Estimate your monthly payment with today's live rates
Mortgage Calculator
Live rates via Freddie Mac PMMS · updated 2026-05-07
- Office: (586) 343-0446
- Mobile: (586) 722-8800
- jtaveggia@uhm.com
- 92 Mill Street, Rochester, MI 48307
- Licensed in FL, MI, CA · NMLS #23433
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Property Types
Types of Homes in Waterford
Detached homes, ranches & colonials
🏢 Condos & TownhomesLow-maintenance attached living
🔨 New ConstructionBrand-new builds & new developments
💧 Waterfront HomesLake & river-front properties
✨ Luxury EstatesPremium properties $750K+
🏘️ Multi-Family / InvestmentDuplexes, rentals & investment properties
🌿 Land & LotsVacant land to build your dream home
Education
Schools in Waterford, Michigan
Public School District
Waterford School District — Rated 6/10. View on Niche.com → View on GreatSchools.org →
Elementary Schools
Middle Schools
High Schools
Private & Charter Schools
Colleges & Universities Nearby
Public Libraries
Food & Drink
Best Restaurants & Dining in Waterford
Waterford offers a diverse dining scene — from upscale restaurants to casual neighborhood favorites. Here are the top picks for dining in Waterford, Michigan.
Fine Dining
Casual Dining & Family Restaurants
Coffee Shops & Cafes
Grocery Stores
Upcoming Events
What’s Happening in Waterford
Family-friendly events, festivals, and things to do in Waterford, Michigan.
No upcoming events listed yet for Waterford. Check back soon — we update this section monthly with local festivals, markets, and community events.
Know about an upcoming event? Let us know →
Community Life
Things to Do in Waterford, Michigan
Fitness & Wellness
Hotels & Accommodations
Healthcare
Location
Waterford Map & Neighborhoods
Waterford is centrally located in Oakland County, Michigan, offering residents convenient access to Metro Detroit's employment, culture, and recreational amenities. The map below shows Waterford's location and surrounding neighborhoods. ZIP codes served: 48327, 48328, 48329.
Walk Score & Commute: View Walk Score for Waterford → · Wikipedia: Waterford →
Getting Around
Commuting from Waterford
| Destination | Distance & Drive Time |
|---|---|
| Downtown Detroit | 32 miles / 35–45 min |
| Ann Arbor | 58 miles / 58 min |
| Detroit Metropolitan Airport (DTW) | 36 miles / 38 min |
Major Expressways: M-59 and M-24
Public Transit: SMART Bus System | Detroit Metropolitan Airport
Common Questions
Frequently Asked Questions About Waterford, MI
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What is the population of Waterford, MI?
Is Waterford, Michigan a good place to live?
What hospitals are near Waterford, MI?
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Community Q&A
Ask Daryl About Waterford
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Live MLS Data
Current Homes for Sale in Waterford, MI
Listings below are pulled live from the MLS and updated daily. Use filters to search by bedrooms, bathrooms, price, and more.
Browse current Waterford listings — filter by price, beds, baths, and property type.
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