The above shows an overview of the real estate market in Walled Lake, MI. Note how the median home price for Walled Lake, MI runs $122,700, which is 4% lower than the average property price for Michigan. So you’re going to get real estate in Walled Lake, MI that is on-average more affordable than what you’ll find in the rest of Michigan. As for rent, the median for Walled Lake, MI runs $978, which is comparatively 22% higher than the average rent for Michigan. For Walled Lake, MI, about 56.2% of the population consist of home owners with about 2.1 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Walled Lake, MI offers a wide variety of real estate. To find your perfect home in Walled Lake, MI, filter your choice by price, location, and number of beds and baths using the search area above.