Walled Lake, MI housing market
The typical Walled Lake home is worth about $244,000, about the same as a year ago, 8% below the Michigan typical home. Homes typically sell in 13 days, close to asking.
Home values, sales, trends and how Walled Lake compares with the towns next door — updated as new data is published.
Walled Lake at a glance
A seller's market
Supply is tight — about 2.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Walled Lake | Michigan |
|---|---|---|
| 2017 | $145,000 | $144,000 |
| 2018 | $158,000 | $155,000 |
| 2019 | $169,000 | $165,000 |
| 2020 | $175,000 | $175,000 |
| 2021 | $188,000 | $194,000 |
| 2022 | $207,000 | $217,000 |
| 2023 | $221,000 | $230,000 |
| 2024 | $233,000 | $241,000 |
| 2025 | $241,000 | $253,000 |
| 2026 | $245,000 | $262,000 |
| August 2026 | $244,000 | $266,000 |
Walled Lake and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Walled Lake | $244K | +0.4% | 13 | $72,055 |
| Commerce | $400K | +2.4% | — | $113,148 |
| Wolverine Lake | — | — | — | $92,247 |
| Novi | — | — | 17 | $110,723 |
3.4 years of income
The typical Walled Lake home costs about 3.4 years of the town's median household income, about the same as across Michigan (3.7).
How Walled Lake ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Walled Lake
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.