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Lake Orion Real Estate Overview

Today, November 28, 2009

Market View for Lake Orion

Info
Avg. Listing Price $239,435 Wk ending Nov 18
+$10,633
+4.6%
w-o-w
Median Sales Price $119,015 Aug '09 - Oct '09
-$42,640
-26.4%
y-o-y
139Homes For Sale 0Open Homes
258Recently Sold 153Foreclosures

Market Trends for Lake Orion

Embed Info
Listing price – Lake Orion
Average Listing Price
$239,435
+4.6%
w-o-w
Median Sales Price
$119,015
-26.4%
y-o-y
Average price/sqft
$87
-13.9%
y-o-y
Number of Sales
105
-31.8%
y-o-y
More Lake Orion Market Trends
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Home Prices for Oakland County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 18
 
w-o-w

48009
$628,908
-1.6%
48067
$176,024
-0.7%
48304
$763,510
-0.3%
48073
$144,573
-1.3%
48306
$475,133
+1.5%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

48211
$30,950
+26.8%
48367
$348,080
-17.4%
48371
$298,272
+14.9%
48442
$179,221
-9.6%
48218
$35,649
-7.1%
 
View Oakland County Home Prices Map
 

Lake Orion Summary

Average price per square foot for Lake Orion MI was $87, a decrease of 13.9% compared to the same period last year. The median sales price for homes in Lake Orion MI for Aug 09 to Oct 09 was $119,015 based on 105 home sales. Compared to the same period one year ago, the median home sales price decreased 26.4%, or $42,640, and the number of home sales decreased 31.8%.

There are currently 139 resale and new homes in Lake Orion on Trulia, including 153 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Lake Orion MI was $239,435 for the week ending Nov 18, which represents an increase of 4.6%, or $10,633, compared to the prior week.

 

Schools in Lake Orion

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Lake Orion Cmty School District
Public
K - 12
12
7,921
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Pine Tree Elementary School
Public
K - 5
Stadium Drive Elementary School
Public
K - 5
Webber Elementary School
Public
PK - 5
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Lake Orion Schools
 

Community Info for Lake Orion

Info
More Lake Orion Community Info

Homes for Sale in Lake Orion

1109 Walloon Way, Lake Orion MI
1109 Wallo…
$232,500
4 br  2 ½ ba
3220 Cedar Key Drive, Lake Orion MI
3220 Cedar…
$139,900
3 br  2 ½ ba
900 Indianwood Road, Lake Orion MI
900 Indian…
$599,900
3 br  3 ½ ba
2647 Saturn Drive, Lake Orion MI
2647 Saturn…
$214,900
4 br  2 ½ ba
707 Buena Vista, Lake Orion MI
707 Buena…
$92,900
2 br  2 ba
443 North Broadway Street, Lake Orion MI
443 N Broa…
$229,900
3 br  3 ba
View all Lake Orion Homes for Sale
 
Stats & Trends
Lake Orion

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 48359
  • 48360
  • 48361
  • 48362
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Nearby Cities

Cities
Median
sales price
Average
listing price
Orion
$153,000
$204,718
Pontiac
$66,000
$58,846
Auburn Hills
$82,400
$143,755
Lake Angelus
$97,850
$1,928,925
Oakland
$132,000
$541,840
Rochester Hills
$160,000
$248,558
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Advice

Recent Q&A in Lake Orion, MI

Q: is it true that $500,000 house u can buy for $250 000 something like this ? if yes where which area in michigan NEeast 3 answers
Q: can you get the first time home buyer tax credit if you inherited a house? 9 answers
Q: How can an underwriter request proof or guarantee of "future" employment? 4 answers
Q: Accepted counter offer from bank, but another buyer was countered as well. Am I only competing with them? 3 answers
Q: If Lakefront Homes in Oakland County have kept the value, why has Lake Orion dropped so badly? 8 answers

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Nearby Cities Real Estate

  • Orion Real Estate
  • Pontiac Real Estate
  • Auburn Hills Real Estate
  • Lake Angelus Real Estate
  • Oakland Real Estate
  • Rochester Hls Real Estate

Nearby Cities Sold Homes

  • Orion Sold Homes
  • Pontiac Sold Homes
  • Auburn Hills Sold Homes
  • Lake Angelus Sold Homes
  • Oakland Sold Homes
  • Rochester Hls Sold Homes

Nearby Cities Home Prices

  • Orion Home Prices
  • Pontiac Home Prices
  • Auburn Hills Home Prices
  • Lake Angelus Home Prices
  • Oakland Home Prices
  • Rochester Hls Home Prices

Lake Orion Stats & Trends

  • Lake Orion Market Trends
  • Lake Orion Schools
  • Lake Orion Community Info
  • Lake Orion Home Prices
  • Lake Orion Real Estate
  • Lake Orion Recently Sold Homes

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Lake Orion real estate—use Trulia to find real estate in Lake Orion as well real estate in other cities in Michigan. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Lake Orion real estate trends, market activity, and neighborhood information. Before buying a house in Lake Orion, research real estate on Trulia. Understanding the Lake Orion real estate market is your first step to buying a home in Lake Orion, Michigan. Our real estate guide gives your a valuable overview of the Lake Orion real estate market—find Lake Orion properties, sales statistics, real estate price trends, real estate market activity, comparisons of Lake Orion schools or Michigan schools, and general demographic information for Lake Orion, MI. Trulia's real estate guide combines a Lake Orion map with a detailed list of Lake Orion neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Lake Orion.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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