48328
Waterford, Michigan.
Waterford, Oakland County, MI · Detroit-Warren-Dearborn, MI metro · population 24,478
to buy the typical home at today's mortgage rate — +$707 (+113%) since Jan 2020.
- 1 year
- Up $6,406 +3%
- $247,669$254,075 since Sep 2025
- 5 years
- Up $44,740 +21%
- $209,335$254,075 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 48328$1,334
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 48328 rose 2.6% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Waterford, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48328
Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.
- 48328$1,279
- Detroit$1,514
- United States$1,932
Typical home value — 48328
Mid-tier homes, smoothed and seasonally adjusted.
- 48328$254,075
- Detroit$264,316
- United States$366,157
Within 20 miles
Showing 30 of 91 zips in range — sorting picks from all 91.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.5 | 48320 | Keego Harbor | 4,277 | — | $298,874 |
| 3.0 | 48327 | Waterford | 20,960 | $1,337 | $278,298 |
| 3.4 | 48329 | Waterford | 24,715 | $1,772 | $290,793 |
| 3.4 | 48341 | Pontiac | 18,924 | $1,602 | $146,619 |
| 3.8 | 48340 | Pontiac | 25,669 | $1,328 | $135,858 |
| 3.8 | 48324 | West Bloomfield | 17,098 | $1,849 | $477,291 |
| 4.1 | 48342 | Pontiac | 17,564 | $1,359 | $125,270 |
| 5.2 | 48302 | Bloomfield Hills | 17,505 | $2,167 | $730,285 |
| 5.3 | 48323 | West Bloomfield | 17,235 | — | $523,954 |
| 5.6 | 48326 | Auburn Hills | 24,514 | $1,799 | $280,450 |
| 6.1 | 48386 | White Lake | 17,856 | $2,083 | $377,720 |
| 6.3 | 48346 | Clarkston | 23,167 | $1,866 | $363,118 |
| 6.6 | 48359 | Lake Orion | 10,401 | $2,251 | $394,575 |
| 7.3 | 48322 | West Bloomfield | 32,885 | $2,258 | $415,216 |
| 7.4 | 48304 | Bloomfield Hills | 17,387 | $2,791 | $540,264 |
| 7.9 | 48301 | Bloomfield Hills | 14,682 | $3,070 | $793,537 |
| 8.4 | 48360 | Lake Orion | 12,116 | — | $422,244 |
| 8.6 | 48382 | Commerce Township | 24,479 | $2,323 | $465,240 |
| 8.7 | 48348 | Clarkston | 24,574 | $1,649 | $510,853 |
| 8.8 | 48309 | Rochester | 30,685 | $2,175 | $481,294 |
| 8.9 | 48390 | Walled Lake | 23,939 | $2,239 | $311,828 |
| 9.1 | 48383 | White Lake | 13,285 | $2,276 | $423,526 |
| 9.6 | 48098 | Troy | 20,936 | $2,414 | $584,080 |
| 9.6 | 48334 | Farmington | 19,618 | $1,734 | $354,221 |
| 9.8 | 48025 | Franklin | 14,734 | $2,874 | $641,764 |
| 10.0 | 48009 | Birmingham | 21,772 | $2,682 | $744,196 |
| 10.2 | 48331 | Farmington | 21,562 | $1,735 | $455,784 |
| 10.4 | 48362 | Lake Orion | 14,966 | $1,927 | $384,969 |
| 10.8 | 48034 | Southfield | 14,796 | $1,473 | $253,920 |
| 10.9 | 48084 | Troy | 15,960 | $1,671 | $477,047 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.