Walled Lake, MI

Balanced market+20.2% YoY

Housing market overview · Updated weekly

$264,500median sale price

Homes sold

6

Last 12 weeks

Days on market

42

Average pace

Active listings

18

3.0 months supply

Sale-to-list

98.2%

Below asking

The Walled Lake housing market is currently classified as a balanced market with a median sale price of $264,500. Prices have risen 20.2% compared to last year, with homes spending an average of 42 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Walled Lake

There are currently 18 homes listed for sale in Walled Lake, Michigan. The median listing price is $240K.

Active listings

18

Homes on market

Median list price

$240K

Avg. days on market

42

Days until sale

New this week

7

Newly listed

Price drops:38.9%of listings
Sale-to-list:98.2%

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Frequently asked questions

What is the average home price in Walled Lake?

The median home sale price in Walled Lake is $264,500, up 20.2% from last year.

How long do homes stay on market in Walled Lake?

Homes typically spend 42 days on market before going under contract.

Is Walled Lake a buyer's or seller's market?

With 3.0 months of supply, Walled Lake is currently a balanced market.

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