Lake Orion, MI
Housing market overview · Updated weekly
$230,000median sale price
Homes sold
5
Last 12 weeks
Days on market
89
Average pace
Active listings
13
2.6 months supply
Sale-to-list
97.5%
Below asking
The Lake Orion housing market is currently classified as a balanced market with a median sale price of $230,000. Prices have fallen 39.5% compared to last year, with homes spending an average of 89 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lake Orion
There are currently 13 homes listed for sale in Lake Orion, Michigan. The median listing price is $340K.
Active listings
13
Homes on market
Median list price
$340K
Avg. days on market
89
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Lake Orion?
The median home sale price in Lake Orion is $230,000, down 39.5% from last year.
How long do homes stay on market in Lake Orion?
Homes typically spend 89 days on market before going under contract.
Is Lake Orion a buyer's or seller's market?
With 2.6 months of supply, Lake Orion is currently a balanced market.
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