Is Waterford, MI 48327 a buyer’s or seller’s market?

The Waterford housing market right now

In the three months ending August 31, 2026, 40% of homes in Waterford, MI 48327 sold above their list price, the typical home went under contract in 14 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 92 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (42% then), homes sold faster (19 days then) and the median sale price rose 3% to $309,866. Overall, Waterford is about as competitive as it was a year ago.

Within Oakland County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Waterford ranks #73 of 510 MI ZIP codes with enough sales (score 82 out of 100).

Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking) or Southfield 48034 (16% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.