House Prices

House Prices & Home Values Lake Orion, MI 2026


Average Data

average house price$354,240
average size per house2026 ft²
average price per ft²175 $ / ft²

04/19/2026 - The value range (VR) for house prices in Lake Orion, MI is $157/ sqft to $228/ sqft. An average home with 2026 sqft costs approximately $318,082 to $461,928. Lake Orion, MI includes 3 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48359, while the highest are in ZIP 48362. The average price per sqare feet is $175. Our analysis is based on 35 property listings.

Avergage prices by ZIP codes Lake Orion

48359166 $ / ft²
48360186 $ / ft²
48362250 $ / ft²




Historical development of home values in Lake Orion

Year Estimated value (USD) Change vs. 2025
2010 $164,515 -53.6%
2011 $158,154 -55.4%
2012 $157,728 -55.5%
2013 $163,623 -53.8%
2014 $171,759 -51.5%
2015 $180,575 -49.0%
2016 $189,998 -46.4%
2017 $200,253 -43.5%
2018 $211,324 -40.3%
2019 $221,123 -37.6%
2020 $232,554 -34.4%
2021 $264,505 -25.3%
2022 $308,354 -13.0%
2023 $325,173 -8.2%
2024 $343,985 -2.9%
2025 $354,240 0.0%

Graph: estimated home values in Lake Orion over time (USD)



Example: 100% financing house in Lake Orion

Loan amount: $354,240

Interest rate: 6.00%

Fixed monthly payment: $2,123.85

Breakdown in the 1st month:
Interest portion: $1,771.20  –  Principal portion: $352.65

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,136.06 $4,350.11 $349,889.89
2 $20,867.76 $4,618.41 $345,271.48
3 $20,582.91 $4,903.27 $340,368.21
4 $20,280.48 $5,205.69 $335,162.52
5 $19,959.41 $5,526.77 $329,635.75
6 $19,618.53 $5,867.64 $323,768.11
7 $19,256.63 $6,229.55 $317,538.56
8 $18,872.40 $6,613.77 $310,924.79
9 $18,464.48 $7,021.70 $303,903.09
10 $18,031.39 $7,454.78 $296,448.31
11 $17,571.60 $7,914.57 $288,533.74
12 $17,083.45 $8,402.73 $280,131.01
13 $16,565.18 $8,920.99 $271,210.02
14 $16,014.96 $9,471.22 $261,738.81
15 $15,430.79 $10,055.38 $251,683.43
16 $14,810.60 $10,675.57 $241,007.85
17 $14,152.15 $11,334.02 $229,673.83
18 $13,453.10 $12,033.08 $217,640.76
19 $12,710.92 $12,775.25 $204,865.50
20 $11,922.97 $13,563.20 $191,302.30
21 $11,086.42 $14,399.75 $176,902.55
22 $10,198.28 $15,287.89 $161,614.66
23 $9,255.36 $16,230.82 $145,383.84
24 $8,254.27 $17,231.90 $128,151.94
25 $7,191.45 $18,294.73 $109,857.22
26 $6,063.07 $19,423.10 $90,434.11
27 $4,865.09 $20,621.08 $69,813.03
28 $3,593.23 $21,892.94 $47,920.09
29 $2,242.92 $23,243.25 $24,676.84
30 $809.33 $24,676.84 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Orion, MI


1500 sqft3900 sqft
Ø selling price$317,625$675,675
Ø fast selling$288,750$608,108
Ø high price sale$346,500$743,243

In 2026, houses in Lake Orion, MI will be offered at an average price of $175 per square foot. A 1,500 sqft home priced at $317,625 is 24.24% more expensive per square foot than a 3,900 sqft home priced at $675,675. Home prices in Lake Orion, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $467,776. Sellers who can wait longer may achieve a higher price of up to $571,726.


Discover Lake Orion, MI

Located in northern Oakland County, Lake Orion, MI blends small-town charm with waterfront living.
The village of Lake Orion and surrounding Orion Township center around an all?sports lake and a walkable downtown.

Outdoor Recreation

Boaters, anglers, and paddlers enjoy multiple public access points, marinas, and scenic coves throughout the lake.
Nearby Bald Mountain Recreation Area and the Paint Creek Trail add miles of hiking, biking, cross?country skiing, and wildlife viewing.

Community & Lifestyle

Downtown Lake Orion offers locally owned restaurants, craft coffee, boutiques, and year?round events that bring neighbors together.
Signature celebrations like Dragon on the Lake, summer concerts, and holiday parades showcase the village?s artsy, lake?town vibe.
Parks, beaches, and playgrounds make it easy for families to relax by the water or picnic after a day on the trail.

Schools, Real Estate & Access

Lake Orion Community Schools are well?regarded for academics, athletics, and extracurriculars that serve students from kindergarten through high school.
Housing ranges from historic cottages and lakefront homes to newer subdivisions, offering options for first?time buyers, move?up families, and downsizers.
Convenient access to I?75 and nearby employment centers in Auburn Hills, Troy, and the Detroit metro makes Lake Orion, Michigan a commuter?friendly place to live.



FAQ – Home Values in Lake Orion

What is the median home value in Lake Orion in 2026?

In 2026, the typical home value in Lake Orion is about $354,240 for an average home size of 2026 square feet. This corresponds to an average price of roughly $175 per square foot.

What is the average cost per square foot in Lake Orion?

In 2026, homes in Lake Orion sell for an average of around $175 per square foot, with a typical range between $157 and $228 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake Orion is about 2026 square feet, with an estimated 2026 value around $354,240.



Locations close to Lake Orion, MI

Oakland, MI192 $ / ft²
Leonard, MI179 $ / ft²
Oxford, MI170 $ / ft²
Highland, MI141 $ / ft²
Hartland, MI118 $ / ft²
Davisburg, MI224 $ / ft²
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