Housing · Watersmeet
Watersmeet, MI housing market
The typical Watersmeet home is worth about $299,000, up 4% in a year, 12% above the Michigan typical home.
Home values, sales, trends and how Watersmeet compares with the towns next door — updated as new data is published.
The market right now
Watersmeet at a glance
Typical home value
$299K
▲ 4% in a year · Zillow
Ten-year trend
Typical home value, 2017–2026
WatersmeetMichigan
Show as a table
| January | Watersmeet | Michigan |
|---|---|---|
| 2018 | $149,000 | $155,000 |
| 2019 | $168,000 | $165,000 |
| 2020 | $180,000 | $175,000 |
| 2021 | $211,000 | $194,000 |
| 2022 | $253,000 | $217,000 |
| 2023 | $247,000 | $230,000 |
| 2024 | $265,000 | $241,000 |
| 2025 | $285,000 | $253,000 |
| 2026 | $289,000 | $262,000 |
| August 2026 | $299,000 | $266,000 |
Nearby
Watersmeet and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Watersmeet | $299K | +4% | — | $72,708 |
| Land O'Lakes | $356K | +9.8% | — | $62,292 |
| Marenisco | $247K | +13.4% | — | $53,250 |
| Phelps | $343K | +11.6% | — | $71,250 |
Affordability
4.1 years of income
The typical Watersmeet home costs about 4.1 years of the town's median household income, more than across Michigan (3.7 years).
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
94.5%
Michigan: 73.2%
Median tax bill
$2,793
Michigan: $2,904
Median rent
$425
Michigan: $1,129
Typical home built
1978
Michigan: 1972
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.