Is White Lake, MI 48386 a buyer’s or seller’s market?
White Lake is a seller’s market. With about 2.2 months of supply and 40% 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.
More competitive than 83% of U.S. ZIP codes, and #105 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
The White Lake housing market right now
In the three months ending August 31, 2026, 40% of homes in White Lake, MI 48386 sold above their list price, the typical home went under contract in 18 days and there were 2.2 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 rose from 32%, homes sold faster (26 days then) and the median sale price rose 7% to $437,311. Overall, White Lake is more competitive than a year ago, so tougher for buyers.
Within Oakland County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, White Lake ranks #105 of 510 MI ZIP codes with enough sales (score 78 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.
Run the numbers for 48386
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 →Towns like White Lake nearby
Find towns like White Lake in other states →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 2.2 months of supply in White Lake, MI 48386 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 18 days in the latest three months.
Do homes in White Lake sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 99.9% 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 $437,311 in the three months ending August 31, 2026, about $211 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