Housing in Walled Lake, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$396,000

Median List Price

$325,000

Price Per Sq Ft

$159

Days on Market

101

Active Inventory

15

Months of Supply

3.8

Seller's market

Zillow Home Value

$234,918

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 49.5%List Price 12.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

97.4%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
26.7%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

7

Pending Sales

7

Homes Sold 50.0%New Listings 30.0%Pending 22.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$159

Median List $/SF

$216

Sale $/SF 19.3%List $/SF 22.0%Mar 24Jan 26

Walled Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Walled Lake is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$213,000

Median Rent

$1,304

Total Housing Units

3,583

Vacancy Rate

3.6%

Owner Occupied

60.5%

Renter Occupied

39.5%

Median Property Tax

$2,853

per year

Monthly Cost (w/ Mortgage)

$1,296

Housing Types

Single Family
58.0%
Multi-Family
39.5%
Mobile Home
2.5%

The current median sale price in Walled Lake, MI is $396,000 according to Redfin data. Homes spend a median of 101 days on the market. 0.0% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $159. The median rent is $1,304 per month (Census ACS). About 60.5% of housing units are owner-occupied. The median year homes were built is 1979. There are 3,583 total housing units.