Data as of September 2026. Source: Realtor.com.
The LAKE ORION, MI real estate market (48359) currently shows 61 active listings, with 10 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 49 days on market compared to 48 days last year.
The median listing price has fallen 42.8% year-over-year, from $548,675 to $313,600.
Population: 10,149 · Density: 358.1/mi² · Median household income: $91,236
Typical home value: $290,778 · Homeownership: 69.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48359 | Lake Orion, MI 48359 | 0.0 mi | 23 | $11,809,212 | $510,000 | $513,444 |
| 48326 | Auburn Hills, MI 48326 | 3.4 mi | 43 | $14,884,407 | $328,700 | $346,149 |
| 48362 | Lake Orion, MI 48362 | 4.2 mi | 36 | $32,629,536 | $549,975 | $906,376 |
| 48329 | Waterford, MI 48329 | 6.1 mi | 59 | $24,257,437 | $299,475 | $411,143 |
| 48306 | Rochester, MI 48306 | 6.5 mi | 57 | $101,591,442 | $1,312,000 | $1,782,306 |
| 48328 | Waterford, MI 48328 | 6.6 mi | 68 | $26,467,232 | $283,225 | $389,224 |
| 48348 | Clarkston, MI 48348 | 7.0 mi | 35 | $24,574,025 | $580,450 | $702,115 |
| 48320 | Keego Harbor, MI 48320 | 8.1 mi | 11 | $5,022,083 | $382,175 | $456,553 |
| 48327 | Waterford, MI 48327 | 8.8 mi | 45 | $13,891,860 | $289,000 | $308,708 |
| 48307 | Rochester, MI 48307 | 9.0 mi | 91 | $55,127,800 | $443,750 | $605,800 |
| 48304 | Bloomfield Hills, MI 48304 | 9.5 mi | 58 | $93,699,348 | $489,500 | $1,615,506 |
| 48324 | West Bloomfield, MI 48324 | 10.4 mi | 40 | $43,719,200 | $548,725 | $1,092,980 |
| 48386 | White Lake, MI 48386 | 11.0 mi | 37 | $18,777,685 | $409,950 | $507,505 |
As of September 2026, there are 61 active listings in LAKE ORION, MI (zip code 48359), compared to 33 the prior year.
The median listing price in LAKE ORION, MI 48359 is $313,600 as of September 2026, a 42.8% decrease from $548,675 the prior year.
Homes in LAKE ORION, MI 48359 spend an average of 49 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE ORION, MI 48359 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ORION, MI 48359 save an estimated $6,272 compared to a typical 5% commission on the median listing price of $313,600. 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.