Lake Orion Real Estate
86 active listings · 443 sold in the past 12mo
$504,450
Median List Price
443
Sold (past 12mo)
57
Avg Days on Market
+1.6%
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.
Active Listings
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Homes for Sale(86)
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For Sale
1/99
$4,900,000
328 S Broadway Street, Lake Orion, MI 48362
7 bd8 ba12,849 sqft0.34 ac
Single Family
For Sale
1/21
$2,800,000
203 Port Side Drive, Lake Orion, MI 48362
5 bd6 ba5,689 sqft0.09 ac
Single Family
For Sale
1/8
$2,700,000
207 Port Side Drive, Lake Orion, MI 48362
5 bd5 ba5,476 sqft0.27 ac
Single Family
For Sale
1/79
$1,685,000
2380 Galaxy Way, Lake Orion, MI 48360
5 bd5 ba3,896 sqft0.48 ac
Single Family
For Sale
1/65
$1,290,000
3957 Mill Lake Road, Lake Orion, MI
4 bd3 ba2,856 sqft12.22 ac
Single Family
For Sale
1/64
$1,250,000
36 Highland Avenue, Lake Orion, MI 48362
3 bd4 ba2,810 sqft0.10 ac
Single Family
For Sale
1/16
$1,200,000
512 FERNHURST Court, Lake Orion, MI 48362
2 bd2 ba981 sqft1.67 ac
Single Family
For Sale
1/50
$1,150,000
2560 Browning Drive, Lake Orion, MI
4 bd4 ba3,427 sqft0.27 ac
Single Family
For Sale
1/27
$1,049,999
310 Pine Tree Road, Lake Orion, MI 48362
5 bd3 ba4,400 sqft2.62 ac
Single Family
For Sale
1/12
$999,000
4900 Estes Drive, Lake Orion, MI
2 bd2 ba1,152 sqft2.78 ac
Single Family
For Sale
1/34
$989,000
90 Creekwood Drive, Lake Orion, MI 48362
5 bd5 ba3,974 sqft2.82 ac
Single Family
For Sale
1/51
$950,000
376 Bellevue Avenue, Lake Orion, MI 48362
2 bd3 ba1,915 sqft0.06 ac
Single Family
For Sale
1/41
$950,000
599 Westpointe Court, Lake Orion, MI 48362
5 bd3 ba1,954 sqft0.20 ac
Single Family
Under Contract
1/96
$799,999
1450 Greythorne Drive, Lake Orion, MI
4 bd5 ba4,807 sqft0.32 ac
Single Family
For Sale
1/52
$799,000
910 W Pine Tree Road W, Lake Orion, MI 48362
3 bd4 ba2,850 sqft0.29 ac
Single Family
For Sale
1/47
$729,900
962 Hidden Valley Drive, Lake Orion, MI 48362
4 bd4 ba4,318 sqft2.23 ac
Single Family
For Sale
1/36
$675,000
1432 Oakmont Court, Lake Orion, MI 48362
4 bd4 ba4,318 sqft0.57 ac
Single Family
For Sale
1/80
$675,000
202 Nakomis Trail, Lake Orion, MI 48362
4 bd3 ba3,228 sqft0.79 ac
Single Family
For Sale
1/53
$674,888
4930 E Stonegate Circle, Lake Orion, MI
4 bd5 ba4,758 sqft0.16 ac
Single Family
For Sale
1/66
$669,000
3904 KAELEAF Road, Lake Orion, MI
4 bd4 ba3,681 sqft
Single Family
For Sale
1/22
$650,610
3362 Cornerstone Drive, Lake Orion, MI
3 bd3 ba2,091 sqft
Condo
For Sale
1/22
$650,000
612 Buena Vista Avenue, Lake Orion, MI 48362
4 bd3 ba1,941 sqft0.23 ac
Single Family
For Sale
1/21
$650,000
1366 S Baldwin Road, Lake Orion, MI
3 bd4 ba3,747 sqft1.54 ac
Single Family
For Sale
1/35
$649,900
423 Shady Oaks Street, Lake Orion, MI 48362
4 bd2 ba2,721 sqft0.16 ac
Single Family
Recently Sold(443)
Frequently Asked Questions about Lake Orion
What is the current real estate inventory in Lake Orion?
There are currently 86 active listings in Lake Orion. The median asking price is $504,450.
What are home prices like in Lake Orion?
Homes in Lake Orion sell for a median of $504,450, drawn from 443 transactions over the past year.
What is the average days on market in Lake Orion?
The average days on market in Lake Orion is 57, based on 443 recent transactions.
Which school districts cover Lake Orion?
Multiple school districts may serve Lake Orion. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Lake Orion real estate market?
Lake Orion is currently a seller's market, with 2.3 months of supply. That ratio comes from 86 active listings relative to 443 sales per year.
What are property taxes like in Lake Orion?
Property taxes in Lake Orion 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.
What is the Household Formation Gap in Lake Orion?
Based on Census Bureau ACS data, the Household Formation Gap in Lake Orion is +1.6%, indicating stable demographic housing demand. Household size moved from 2.21 to 2.3. HFG is a secondary market indicator reflecting household formation, not a primary market measure.