Population: 10,149 · Density: 358.1/mi² · Median household income: $91,236
Typical home value: $290,778 · Homeownership: 69.6%
Data as of January 2026. Source: Realtor.com.
The LAKE ORION, MI real estate market (48359) currently shows 28 active listings, with 6 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 92 days on market compared to 72 days last year.
The median listing price has fallen 7.6% year-over-year, from $541,350 to $499,950.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48359 | Lake Orion, MI 48359 | 0.0 mi | 28 | $13,547,744 | $499,950 | $483,848 |
| 48326 | Auburn Hills, MI 48326 | 3.4 mi | 35 | $13,339,270 | $360,000 | $381,122 |
| 48362 | Lake Orion, MI 48362 | 4.2 mi | 39 | $31,929,885 | $532,900 | $818,715 |
| 48329 | Waterford, MI 48329 | 6.1 mi | 67 | $26,926,697 | $289,900 | $401,891 |
| 48306 | Rochester, MI 48306 | 6.5 mi | 53 | $93,303,426 | $1,200,000 | $1,760,442 |
| 48328 | Waterford, MI 48328 | 6.6 mi | 69 | $24,847,521 | $294,950 | $360,109 |
| 48348 | Clarkston, MI 48348 | 7.0 mi | 42 | $28,883,568 | $584,900 | $687,704 |
| 48320 | Keego Harbor, MI 48320 | 8.1 mi | 10 | $5,690,860 | $359,000 | $569,086 |
| 48327 | Waterford, MI 48327 | 8.8 mi | 50 | $16,366,050 | $299,020 | $327,321 |
| 48307 | Rochester, MI 48307 | 9.0 mi | 84 | $51,746,436 | $480,000 | $616,029 |
| 48304 | Bloomfield Hills, MI 48304 | 9.5 mi | 57 | $82,599,612 | $490,000 | $1,449,116 |
| 48324 | West Bloomfield, MI 48324 | 10.4 mi | 43 | $47,021,790 | $395,000 | $1,093,530 |
| 48386 | White Lake, MI 48386 | 11.0 mi | 36 | $16,534,872 | $350,000 | $459,302 |
As of January 2026, there are 28 active listings in LAKE ORION, MI (zip code 48359), compared to 21 the prior year.
The median listing price in LAKE ORION, MI 48359 is $499,950 as of January 2026, a 7.6% decrease from $541,350 the prior year.
Homes in LAKE ORION, MI 48359 spend an average of 92 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE ORION, MI 48359 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 92 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ORION, MI 48359 save an estimated $9,999 compared to a typical 5% commission on the median listing price of $499,950. 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.