Walled Lake, MI Home Values & Market Trends
Real estate market trends reflect that there have been 186 transactions over the past year in Walled Lake. The median value for residential home transactions that occurred over the previous year is $294,011. The number of current listings in Walled Lake is 243, and the percentage of properties for sale in the city is 243.00%. Walled Lake, MI currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 243 properties for sale.
Walled Lake, MI Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 48390 | $ 322,959 $ 232/sqft |
Housing Market Summary for Walled Lake, MI
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $240K | $299K | 24.58% |
| Median Sold Price | $257.3K | $279K | 8.45% |
| Homes For Sale | 111 | 243 | 118.92% |
| Homes Sold | 98 | 65 | -33.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Walled Lake, MI
Browse Homes in Walled Lake, MI
Walled Lake home values range from $65,532 to $1,117,283. The median estimated value of a home in Walled Lake is $294,011. The median list price of a home is 299,000, and the total count of properties in the city is 316.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Walled Lake, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Walled Lake, MI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Walled Lake, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Walled Lake, MI. There is 1 zips within Walled Lake, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48390 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Walled Lake, MI. Auction homes and other auction properties account for 1.27% of all properties in Walled Lake, MI. There is 1 zips within Walled Lake, MI; of that zips, the median estimated home value for homes going to auction ranges from $448,575 in 48390 to the lowest value of $201,887 in 48390.
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More Real Estate Resources for Walled Lake, MI
Guide for Walled Lake, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
