Lake Orion, MI 48359 Real Estate & Property Data

Lake Orion, MI 48359 Real Estate Market Trends
Last Updated: April 25, 2024

A total of 121 residential properties have been sold over the past 12 months in 48359. With a median sales price of $483,500 in 48359. Discover market trends and get the granular level real estate data for Lake Orion, MI 48359 to keep your pulse on the housing market. Curate compelling home reports for Lake Orion, MI 48359 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lake Orion, MI 48359 Real Estate Market Trends
Total Residential Properties 3,215
Total Commercial Properties 163
Avg. Home Age (Single Family Home) 50 Years
Avg. Square Feet (Single Family Home) 1,731
Total 2024 Residential Sales (year-to-date) 14
% of Homes Seriously Underwater (Q2 2024) 0.9%
Total 2023 Residential Sales 113
% of Equity Rich Homes (Q2 2024) 41.35%
Effective 2023 Property Tax 0.98%
Total Foreclosure Filings (year-to-date) N/A
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Lake Orion, MI 48359 Real Estate Overview

There were 121 residential properties sold in the past year in Lake Orion, MI 48359. The median home value in Lake Orion, MI 48359 is $395,926. There are a total of 3,215 residential properties in the 48359.

Median Sales Price i
$483,500
(Feb 2024)
+75.8%
year-over-year
y-o-y
  • February '24 Feb '24 $483,500
  • January '24 Jan '24 $245,500
  • December '23 Dec '23 $336,000
  • November '23 Nov '23 $382,500
  • October '23 Oct '23 $475,000
  • September '23 Sep '23 $233,000
  • August '23 Aug '23 $288,000
  • July '23 Jul '23 $275,000
  • June '23 Jun '23 $347,500
  • May '23 May '23 $325,000
  • April '23 Apr '23 N/A
  • March '23 Mar '23 $212,000
Median Down Payment i
$100,000
(Feb 2024)
+120.8%
year-over-year
y-o-y
  • February '24 Feb '24 $100,000
  • January '24 Jan '24 $35,751
  • December '23 Dec '23 $39,285
  • November '23 Nov '23 $72,250
  • October '23 Oct '23 $67,500
  • September '23 Sep '23 $7,694
  • August '23 Aug '23 $6,067
  • July '23 Jul '23 $55,000
  • June '23 Jun '23 $16,725
  • May '23 May '23 $57,125
  • April '23 Apr '23 N/A
  • March '23 Mar '23 $6,360
Number of Homes Sold i
8
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 6
  • December '23 Dec '23 7
  • November '23 Nov '23 3
  • October '23 Oct '23 14
  • September '23 Sep '23 7
  • August '23 Aug '23 17
  • July '23 Jul '23 7
  • June '23 Jun '23 18
  • May '23 May '23 16
  • April '23 Apr '23 3
  • March '23 Mar '23 7
Number of Purchase Loans i
6
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 4
  • December '23 Dec '23 14
  • November '23 Nov '23 10
  • October '23 Oct '23 15
  • September '23 Sep '23 10
  • August '23 Aug '23 17
  • July '23 Jul '23 14
  • June '23 Jun '23 19
  • May '23 May '23 18
  • April '23 Apr '23 4
  • March '23 Mar '23 10
Number of REFI Loans i
5
(Feb 2024)
-28.6%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 2
  • December '23 Dec '23 4
  • November '23 Nov '23 5
  • October '23 Oct '23 6
  • September '23 Sep '23 6
  • August '23 Aug '23 10
  • July '23 Jul '23 5
  • June '23 Jun '23 5
  • May '23 May '23 9
  • April '23 Apr '23 5
  • March '23 Mar '23 3
Number of HELOC Loans i
3
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 3
  • July '23 Jul '23 6
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 3
  • March '23 Mar '23 4

Lake Orion, MI 48359 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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