Data as of April 2026. Source: Realtor.com.
The LAKE ORION, MI real estate market (48359) currently shows 23 active listings, with 9 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 45 days on market compared to 29 days last year.
The median listing price has fallen 1.3% year-over-year, from $513,975 to $507,500.
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.
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 April 2026, there are 23 active listings in LAKE ORION, MI (zip code 48359), compared to 29 the prior year.
The median listing price in LAKE ORION, MI 48359 is $507,500 as of April 2026, a 1.3% decrease from $513,975 the prior year.
Homes in LAKE ORION, MI 48359 spend an average of 45 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of April 2026, LAKE ORION, MI 48359 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 45 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE ORION, MI 48359 save an estimated $10,150 compared to a typical 5% commission on the median listing price of $507,500. 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.