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LAKE ORION, MI 48360

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LAKE ORION, MI real estate market (48360) currently shows 33 active listings, with 13 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 90 days on market compared to 96 days last year.

The median listing price has risen 213% year-over-year, from $149,500 to $468,000.

Whether you are buying or selling in LAKE ORION, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,103  ·  Density: 410.9/mi²  ·  Median household income: $128,386

Typical home value: $345,762  ·  Homeownership: 86.4%

Market Overview

Active Listings
33
⇧ 37.5% vs 24 last year
Pending
13
39% pending ratio
Median Price
$468,000
⇧ 213% vs $149,500 last year
Average Price
$469,375
⇧ 117.7% vs $215,651 last year
Days on Market
90
⇩ 6.3% vs 96 days last year

Price Per Square Foot

Median $/sqft
$243
⇧ 38.9% vs $175/sqft last year
Median Home Size
1,800 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 24 last year
  • Days on market: 90 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $468,000 (+213% YoY)
  • Average: $469,375 (+117.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.5 miles — 552 listings ($347,918,959 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48360Lake Orion, MI 483600.0 mi32$14,118,336$461,755$441,198
48362Lake Orion, MI 483622.3 mi39$31,929,885$532,900$818,715
48340Pontiac, MI 483405.5 mi44$8,531,732$144,950$193,903
48306Rochester, MI 483066.3 mi53$93,303,426$1,200,000$1,760,442
48348Clarkston, MI 483486.9 mi42$28,883,568$584,900$687,704
48342Pontiac, MI 483427.3 mi41$5,663,740$135,000$138,140
48309Rochester, MI 483097.6 mi59$38,989,914$550,000$660,846
48328Waterford, MI 483288.4 mi69$24,847,521$294,950$360,109
48367Leonard, MI 483679.1 mi20$18,715,600$744,900$935,780
48320Keego Harbor, MI 4832010.1 mi10$5,690,860$359,000$569,086
48462Ortonville, MI 4846210.5 mi28$11,402,328$319,950$407,226
48098Troy, MI 4809811.3 mi28$15,628,172$539,450$558,149
48316Utica, MI 4831611.5 mi87$50,213,877$456,950$577,171

Frequently Asked Questions

How many homes are for sale in LAKE ORION, MI 48360?

As of February 2026, there are 33 active listings in LAKE ORION, MI (zip code 48360), compared to 24 the prior year.

What is the median home price in LAKE ORION, MI 48360?

The median listing price in LAKE ORION, MI 48360 is $468,000 as of February 2026, a 213% increase from $149,500 the prior year.

How long do homes stay on the market in LAKE ORION, MI?

Homes in LAKE ORION, MI 48360 spend an average of 90 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in LAKE ORION, MI 48360?

Based on current inventory and days-on-market data as of February 2026, LAKE ORION, MI 48360 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 90 days on market compared to 96 days last year.

How much can I save on real estate commission in LAKE ORION, MI?

With SELL123.com's maximum 3% commission, sellers in LAKE ORION, MI 48360 save an estimated $9,360 compared to a typical 5% commission on the median listing price of $468,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.