The story of this market
The typical home in ZIP 48383 sells for about $467,000, or $215 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,732 a month.
ZIP 48383 — White Lake
The 48383 housing market is showing signs of stabilization after a period of rapid price appreciation. While inventory has increased significantly, demand remains steady for well-priced single-family homes, supported by the area's strong median household income and desirable suburban character.
This ZIP is ideal for families and professionals seeking a suburban, lake-oriented lifestyle with a strong sense of community and access to outdoor recreation.
Median prices moved down 2.5% year over year.
Homes spend a median of 38 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 7.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48383, Oakland County MI
The area is served by the Huron Valley School District, which generally maintains a positive reputation within the region.
The area is characterized by numerous inland lakes, necessitating standard flood insurance considerations for waterfront properties.
The area is primarily residential with steady demand for single-family housing, supported by proximity to regional employment hubs in Oakland County.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents primarily commute by car to employment centers in Pontiac, Auburn Hills, and the broader Detroit metro area via M-59 and US-24.
The area features extensive outdoor amenities including Pontiac Lake Recreation Area, numerous private and public lakes, and local parks.
The rental market is characterized by low vacancy rates and a mix of single-family home rentals and smaller apartment communities.
The local economy is driven by proximity to the automotive and manufacturing sectors in Oakland County, with significant employment in nearby Pontiac and Auburn Hills.
Transportation is heavily reliant on private vehicles, with M-59 serving as the primary east-west corridor.
Development is focused on low-density residential infill and small-scale commercial expansion along major thoroughfares.
The Oakland County Equalization Division oversees assessment standards, ensuring uniform property valuation across the township.
Parcels are subject to Huron Valley School District taxes and various local special assessment districts for road and lake maintenance.
Property insurance premiums are stable, though proximity to water bodies may influence flood insurance requirements for specific parcels.
Data retrieved from Census Reporter and US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's Livonia416.6 mi
- Round1 Bowling & Arcade - Auburn Hills4.112.7 mi
- The HUB Stadium & Restaurant, Auburn Hills4.415.1 mi
- Sky Zone Trampoline Park4.36.3 mi
- Urban Air Trampoline and Adventure Park4.26.3 mi
- Pine Knob Music Theatre4.610.6 mi
- Topgolf4.213.1 mi
- Vibe Credit Union Showplace4.311.5 mi
- Michigan Renaissance Festival4.413.4 mi
- SEA LIFE Michigan Aquarium4.312.8 mi
- Kensington Metropark4.710.7 mi
- SEA LIFE Michigan Aquarium4.312.8 mi
- Emagine Novi4.511.5 mi
- Round1 Bowling & Arcade - Auburn Hills4.112.7 mi
- MJR Waterford Cinema4.75.4 mi
- Cranbrook House & Gardens4.816 mi
- Sri Venkateswara Temple & Cultural Center4.811.9 mi
- Cranbrook Institute of Science4.715.7 mi
- Meadow Brook Hall4.817.2 mi
- Cranbrook Art Museum4.715.8 mi
- Kensington Metropark4.710.7 mi
- Glenlore Trails4.56 mi
- Holly Recreation Area4.711.2 mi
- Seven Lakes State Park4.712.6 mi
- Camp Dearborn46.7 mi
- SkipperBud's3.414.7 mi
- Mac's Marina Inc4.519.3 mi
- Shepherd's Hollow Golf Club4.36.5 mi
- Lyon Oaks County Park and Golf Course4.39.3 mi
- Novi Putting Edge4.211.3 mi
- On The Dunes Sports4.28.5 mi
- Pine Knob Golf Club4.410.4 mi
- Great Lakes Crossing Outlets4.512.7 mi
- Twelve Oaks Mall4.411.6 mi
- One World Market - Novi4.712.6 mi
- Meijer4.18.8 mi
- Meijer4.18.6 mi
- Bishop International Airport4.523.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering camping, swimming, and hiking.
Primary recreational lake serving the local community.
Regional park with golf and nature trails nearby.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).