Is White Lake, MI 48383 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

White Lake is a seller’s market. With about 2.1 months of supply and 53% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score86/ 100

More competitive than 91% of U.S. ZIP codes, and #39 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list53.3%Share of sales, last 3 months
Median sale-to-list101%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$188▼ −8.3% vs. last year

The White Lake housing market right now

In the three months ending August 31, 2026, 53% of homes in White Lake, MI 48383 sold above their list price, the typical home went under contract in 19 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 46 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold faster (23 days then) and the median sale price fell 2% to $458,801. Overall, White Lake is more competitive than a year ago, so tougher for buyers.

Within Oakland County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 97%. On our competition score, White Lake ranks #39 of 510 MI ZIP codes with enough sales (score 86 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) is even more competitive.

Nearby markets

Auburn Hills 48326Seller’s market $187 /sq ftBerkley 48072Seller’s market $227 /sq ftBirmingham 48009Seller’s market $377 /sq ftBloomfield Hills 48301Seller’s market $271 /sq ft Browse all markets →

Where White Lake is

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Questions about White Lake real estate

Is White Lake a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in White Lake, MI 48383 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in White Lake?

The typical home went under contract in 19 days in the latest three months.

Do homes in White Lake sell over asking?

53% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.

What are property taxes in White Lake?

About 1.27% of a home’s value a year in Oakland County, or roughly $5,080 on a $400,000 home.

What is the median home price in White Lake?

The median sale price was $458,801 in the three months ending August 31, 2026, about $188 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology