Lake Orion, MI Housing Market 2026: Median Home Price, Last 12 Months
What homes actually sell for in Lake Orion: a median closing price of $315,000 across 77 closings Resideline tracked over the last 12 months, with the sample size and mix stated plainly.
In a market the size of Lake Orion, individual sales move the needle. The figures below rest on 77 tracked closings over the last 12 months, so read them as the direction of the market rather than a precise price for any one street.
The snapshot
- •Closings tracked, last 12 months: 77
- •Median sold price, last 12 months: $315,000 (low-volume sample)
- •Median sold $/sqft, last 12 months: $196
What the numbers say
Resideline tracked 77 closed sales in Lake Orion over the last 12 months, with a median closing price of $315,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. These are the closings Resideline tracks and may differ from complete county or municipal records.
Figures last updated September 6, 2026 from closings Resideline tracked.
Median home price in Lake Orion, MI (September 2026)
The median home price in Lake Orion is $315,000, measured across the 77 closed sales Resideline tracked over the last 12 months.
How long a sale takes here
- •Listed to under contract: a median of 14 days, across 51 Lake Orion closings Resideline tracked in the last 12 months
- •Contract to closing: a median of 22 days, across 41 Lake Orion closings Resideline tracked in the last 12 months
The Lake Orion angle
A single midpoint can orient you; it cannot value a property. The productive move is to gather closed sales that resemble your subject on the attributes that drive price, build the estimate from those, and then ask whether the result sits sensibly relative to the median. If your number lands far from it, that is not automatically wrong, but you should be able to say exactly what makes the subject an unusual Lake Orion sale.
From market read to offer price
A thin market punishes generic pricing; the way to firm up a number here is the specific property and its handful of true comps. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Lake Orion address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Lake Orion, MI
Geography: incorporated municipality, Census place 2644940
Data updated: September 2026
Analysis period: last 12 months
Tracked closings: 77
Median sold price: $315,000
Median sold $/sqft: $196 (77 qualifying)
https://resideline.com/blog/lake-orion-mi-housing-market
Writing about this market? Paste this into your post:
<a href="https://resideline.com/blog/lake-orion-mi-housing-market">
<img src="https://resideline.com/images/embed/lake-orion-mi.png" alt="Lake Orion, MI home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/lake-orion-mi-housing-market">Resideline Market Watch</a></p>
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records. This is a low-volume sample: treat the statistics as directional rather than precise estimates of the entire local market.
Every local market figure on this page is computed from closed sales Resideline tracked in Lake Orion over the last 12 months, and is refreshed when the data is. The closings we track within the Lake Orion city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 29% of the 77 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $325,000. This is a low-volume market: the figures below rest on 77 closings within the Lake Orion city limits, so treat the median as indicative rather than precise.
Frequently Asked Questions
What is the median home price in Lake Orion?
The median sold price in Lake Orion over the last 12 months is $315,000, measured across 77 closings Resideline tracked.
What is the typical price per square foot in Lake Orion?
Among qualifying Lake Orion closings Resideline tracked over the last 12 months, the median sold price per square foot was $196, measured across 77 sales with usable living area. Median is used rather than average because outliers distort the mean.
Can I value a Lake Orion property from the median alone?
No. The median tells you where the center of the Lake Orion market sat across 77 tracked closings, and individual properties routinely close well away from any citywide midpoint.
What could a property in Lake Orion be worth?
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