Watervliet Real Estate
23 active listings · 67 sold in the past 12mo
$370,000
Median List Price
67
Sold (past 12mo)
59
Avg Days on Market
-10.8%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Watervliet Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Watervliet and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(23)
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For Sale
1/68
$1,770,000
8568 Lake Avenue, Watervliet, MI 49098
6 bd4 ba3,600 sqft0.05 ac
Single Family
For Sale
1/66
$965,000
4958 Forest Park Avenue, Watervliet, MI 49098
4 bd3 ba3,140 sqft0.96 ac
Single Family
For Sale
1/59
$899,900
5412 Forest Avenue, Watervliet, MI 49098
3 bd2 ba1,596 sqft0.17 ac
Single Family
For Sale
1/64
$879,000
5576 N Watervliet Road 0, Watervliet, MI 49098
4 bd3 ba1,800 sqft1 ac
Condo
For Sale
1/31
$529,000
5576 N Watervliet Road 23, Watervliet, MI 49098
2 bd2 ba1,200 sqft
Condo
Under Contract
1/49
$500,000
1980 Angling Road, Watervliet, MI 49098
36.83 ac
2-4 Unit
Under Contract
1/57
$500,000
1955 Angling Road, Watervliet, MI 49098
3 bd2 ba2,792 sqft32.93 ac
Single Family
For Sale
1/20
$400,000
8223 Forest Beach Road, Watervliet, MI 49098
3 bd2 ba1,180 sqft0.72 ac
Single Family
Under Contract
1/27
$399,900
7884 Red Arrow Highway, Watervliet, MI 49098
4 bd2 ba3,111 sqft0.95 ac
Single Family
For Sale
1/50
$390,000
329 Elm Street, Watervliet, MI 49098
5 bd2 ba3,093 sqft0.23 ac
Single Family
For Sale
1/17
$390,000
8751 Highland Ave Road, Watervliet, MI 49098
3 bd3 ba2,361 sqft0.31 ac
Single Family
For Sale
1/36
$370,000
5632 N Watervliet Road 16, Watervliet, MI 49098
2 bd1 ba786 sqft
Condo
For Sale
1/33
$360,000
68715 66th Avenue, Watervliet, MI 49098
3 bd1 ba1,680 sqft10.40 ac
Single Family
For Sale
1/27
$359,900
575 River Oaks Drive, Watervliet, MI 49098
4 bd3 ba1,882 sqft0.30 ac
Single Family
For Sale
1/33
$354,900
518 Dogwood Lane, Watervliet, MI 49098
4 bd4 ba3,075 sqft0.29 ac
Single Family
For Sale
1/45
$315,000
8040 Territorial Road, Watervliet, MI 49098
4 bd2 ba1,912 sqft0.71 ac
Single Family
For Sale
1/39
$269,900
2743 N Michigan 140 Highway, Watervliet, MI 49098
2 bd2 ba823 sqft2.43 ac
Single Family
For Sale
1/26
$200,000
8663 Little Paw Paw Avenue, Watervliet, MI 49098
2 bd1 ba1,050 sqft0.30 ac
Single Family
Under Contract
1/47
$199,900
422 N Main Street, Watervliet, MI 49098
0.30 ac
2-4 Unit
Under Contract
1/16
$160,000
3724 Hennessey Road, Watervliet, MI 49098
4 bd1 ba1,055 sqft0.57 ac
Single Family
For Sale
1/13
$84,000
7604 Red Arrow Highway 149, Watervliet, MI 49098
3 bd2 ba1,296 sqft
Mfg Home
For Sale
1/20
$64,500
7604 Red Arrow Highway, Watervliet, MI 49098
4 bd2 ba1,216 sqft
Mfg Home
Under Contract
1/22
$59,000
7604 Red Arrow Highway 134, Watervliet, MI 49098
3 bd2 ba1,216 sqft
Mfg Home
Recently Sold(67)
Frequently Asked Questions about Watervliet
Are there homes available in Watervliet right now?
There are currently 23 active listings in Watervliet. The median asking price is $370,000.
How much do homes cost in Watervliet?
Homes in Watervliet sell for a median of $370,000, drawn from 67 transactions over the past year.
How long do homes stay on the market in Watervliet?
The average days on market in Watervliet is 59, based on 67 recent transactions.
What schools are in Watervliet?
Multiple school districts may serve Watervliet. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Watervliet?
Watervliet is currently a balanced market, with 4.1 months of supply. That ratio comes from 23 active listings relative to 67 sales per year.
What are property taxes like in Watervliet?
Property taxes in Watervliet are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Watervliet?
Based on Census Bureau ACS data, Watervliet shows a -10.8% Household Formation Gap. Despite household size decreasing from 2.4 to 2.8, the 4.0% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.