ZIP Code 48329 — Waterford, MI Home Prices (2026)
The typical home in ZIP 48329 (Waterford, Michigan) is worth about $298,000 at roughly $217 per square foot — 5% more expensive than the Waterford median and 1% more expensive than the typical U.S. home.
How 48329 compares
ZIP 48329 is one of the pricier ZIP codes in Waterford: its typical home value of $298,000 ranks #1 of the 3 Waterford ZIP codes we track (the citywide range runs from $259,000 in 48328 to $298,000 in 48329). Per square foot it costs about $217, against $207 for Waterford as a whole, $190 for Michigan, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 48329 | $298,000 | $217 |
| Waterford, MI | $284,000 | $207 |
| Michigan | $251,000 | $190 |
| United States | $294,000 | $195 |
Home value by size in 48329
Using this ZIP’s rate of about $217 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $217,000 |
| 1,500 sq ft | $325,500 |
| 2,000 sq ft | $434,000 |
| 2,500 sq ft | $542,500 |
| 3,000 sq ft | $651,000 |
Salary needed to buy a home in ZIP 48329
To buy the typical $298,000 home in ZIP 48329 with 20% down, you need a household income of roughly $81,000 a year (about $1,890 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $96,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $14,900 | $2,350/mo | $101,000/yr |
| 10% (+PMI) | $29,800 | $2,250/mo | $96,000/yr |
| 20% | $59,600 | $1,890/mo | $81,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 48329
At about $217 per square foot, here is roughly how much home different budgets get you in ZIP 48329:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 690 sq ft | below the local median — condos, smaller or older homes |
| $200k | 920 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1150 sq ft | around the typical home here |
| $300k | 1380 sq ft | around the typical home here |
| $400k | 1840 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 48329 home.
Estimate a specific home in 48329
The estimator below is pre-set to ZIP 48329 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Waterford ZIP codes by home value
Where 48329 sits among Waterford’s 3 ZIP codes:
ZIP 48329 home prices: frequently asked
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See the full Waterford home values page, all Michigan cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.