Lake Orion, MI Real Estate Market Summary – September 8, 2026
In Lake Orion, the real estate market has seen a total of 6 homes sold over the last 30 days. The average sale price stood at $646,750, while the median price was reported at $393,250. Homes in this market featured an average living area of approximately 1,920 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 6 |
| Sold Per Day | 1 every 5.00 days |
| Average SQFT | 1920 |
| Median Sales Price | $393,250 |
| Average Sales Price | $646,750 |
| Average Price Per SQFT | $331 |
| Average Days on Market | 21 |
| Average Year Built | 1962 |
Lake Orion, MI Single Family Home Analysis
The single-family home segment comprised 5 of the sold properties, with an average sale price of $732,100 and a median sale price of $486,500. These homes averaged 2,016 square feet and were typically built around 1951.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | 2016 |
| Median Sales Price | $486,500 |
| Average Sales Price | $732,100 |
| Average Price Per SQFT | $367 |
| Average Days on Market | 21 |
| Average Year Built | 1951 |
Lake Orion, MI Condo & Townhome Analysis
Only 1 condo or townhome was sold during this period, priced at $220,000. This unit had an average living area of 1,442 square feet and was built in 2004.
| Metric | 30 Days |
|---|---|
| Number Sold | 1 |
| Sold Per Day | 1 every 30.00 days |
| Average SQFT | 1442 |
| Median Sales Price | $220,000 |
| Average Sales Price | $220,000 |
| Average Price Per SQFT | $153 |
| Average Days on Market | 21 |
| Average Year Built | 2004 |
Buyer & Seller Analysis
- The average days on market for all home types was 21 days.
- Single-family homes averaged a slightly higher price per square foot at $367.
- The average living space for single-family homes was 2,016 square feet.
- Condo and townhome sales were minimal, with just one unit sold.
Conclusion
Overall, the Lake Orion housing market remains active with a healthy mix of properties sold. The data suggests stability in pricing, particularly for single-family homes.