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Featured local agent — Orchard Lake Village, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Orchard Lake Village, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Orchard Lake Village, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Orchard Lake Village, MI Housing Market & Real Estate

Buyer's market+137.1% YoY

Housing market overview · Updated monthly ·

$4.15Mmedian sale price

How is the Orchard Lake Village, MI housing market right now?

The median home sale price in Orchard Lake Village, MI is $4.15M, up 137.1% year-over-year with 9 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Orchard Lake Village a buyer's or seller's market?

Buyer's market9.0 months of supply

Orchard Lake Village, MI is currently a buyer's market, based on 9.0 months of supply. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

Average pace

Active listings

9

9.0 months supply

Sale-to-list

94.3%

Below asking

What does the Orchard Lake Village housing market data show?

Current housing market statistics for Orchard Lake Village, MI
MetricValue
Median sale price$4.15M
Median list price$4.40M
Year-over-year price change+137.1%
Active inventory9 listings
Months of supply9.0 months
Sale-to-list price ratio94.3%
Median price per sq ft$798/sq ft
Homes sold (latest month)1
New listings (latest month)4
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Orchard Lake Village by property type?

How the Orchard Lake Village, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Orchard Lake Village, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$4.15M$798/sq ft1

Source: Redfin · Updated monthly

The Orchard Lake Village housing market is currently classified as a buyer's market with a median sale price of $4.15M. Prices have risen 137.1% compared to last year, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Orchard Lake Village

There are currently 9 homes listed for sale in Orchard Lake Village, Michigan. The median listing price is $4.4M.

Active listings

9

Homes on market

Median list price

$4.4M

New this week

4

Newly listed

Sale-to-list:94.3%

Who lives in Orchard Lake Village?

Population

2,298

Median income

$212,813/yr

Median age

51.4 years

Owner-occupied

96.1%

College grads

68.3%

Avg commute

25.2 min

Source: U.S. Census Bureau ACS

What is it like to live in Orchard Lake Village?

Orchard Lake Village is a community of approximately 2K residents with a median age of 51.4 years.The median household income is $212,813, which reflects a relatively affluent area with strong earning potential. 68.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 96.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Orchard Lake Village offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Orchard Lake Village, MI?

Want a head-to-head view? Compare Orchard Lake Village side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Orchard Lake Village?

The median home sale price in Orchard Lake Village is $4.15M, up 137.1% from last year.

What is the median income in Orchard Lake Village?

The median household income is $212,813 per year.

Is Orchard Lake Village a buyer's or seller's market?

With 9.0 months of supply, Orchard Lake Village is currently a buyer's market.

How much does a single-family home cost in Orchard Lake Village?

The median single-family home price in Orchard Lake Village, MI is $4.15M (about $798 per square foot).

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