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MI area data

Waterford, MI

Aggregated across 3 ZIP codes in Waterford.

Population: 70,153 (Census ACS)

Home values & appreciation

Median home value
$280,194
1-year appreciation
+3.3%
3-year appreciation
+10.9%
5-year appreciation
+21.3%
10-year appreciation
+85.7%
All-time peak (2026-04)
$280,346
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$218,667
Median list price
$249,133
Median days on market
33 days
Sale-to-list ratio
100.0%
Active listings
18
1-year forecast
+1.1%
Days to pending
23 days
New listings (monthly)
122

Rents

Typical rent
$1,375/mo
1BR fair-market rent
$1,147/mo
3BR fair-market rent
$1,763/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
20
Elementary schools
11
Middle schools
2
High schools
3
Charter schools
4

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, iceStorm, strongWind, tornado, heatWave
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
48.3°F
Average high
58.0°F
Average low
38.7°F
Annual precipitation
34.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
193
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
8.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
3
Nearest national park
River Raisin National Battlefield Park (50 mi)
Nearest airport
Oakland County International Airport (PTK) (2 mi)
Nearest major airport
Oakland County International Airport (PTK) (2 mi)
Hospitals nearby (~15 mi)
16
Avg hospital rating
2.4 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-3,502 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$2,702
Mean commute to work
24 min
Households with broadband internet
78.1%

Employment & development

Total county employment
680,690
Average weekly wage
$1,465
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,342

Area data compiled from public government, academic, and industry research feeds. Data sources →

ZIP codes in Waterford

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents