Lake Orion MI Multi Family for Sale

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Lake Orion Real Estate

The median home value in Lake Orion, MI is $360,000. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Lake Orion, MI is $360,000. Approximately 65.24% of Lake Orion homes are owned, compared to 21.51% rented, while 13.25% are vacant. Lake Orion real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Orion real estate agent to arrange a tour today!

Lake Orion, Michigan has a population of 2,920. Lake Orion is more family-centric than the surrounding county with 42.41% of the households containing married families with children. The county average for households married with children is 32.55%.

The median household income in Lake Orion, Michigan is $90,750. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Lake Orion is 42.6 years.

Lake Orion Weather

The average high temperature in July is 81.5 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 32.3 inches per year, with 37.1 inches of snow per year.

Lake Orion Real Estate Market Conditions

  • Median sales price

    $360,000
    11.2% change since last quarter
  • # Active listings

    96
    30-day change

Lake Orion Schools and Demographics

Education near Lake Orion, MI

Metric City County
High School Graduates 94.15 94.65
College Degree - 2 year 7.05 8.33
College Degree - 4 year 42.84 48.94
Graduate Degree 10.41 15.77
Expenditures per Student 15,188 15,188
Students per Teacher 17 17

Elementary Schools near Lake Orion, MI

School Grades Students P/T Ratio ZIP
Alcott School KG - 06 488 21 48340
Auburn Elementary School KG - 05 352 15 48326
Blanche Sims Elementary School KG - 05 311 14.7 48362
Carpenter Year Round Elementary School KG - 05 457 20 48359
Orion Oaks Elementary School PK - 05 624 21.5 48360
Owen Elementary School KG - 06 372 20.7 48340
Paint Creek Elementary School PK - 05 488 18.4 48362
Pine Tree Elementary School KG - 05 396 15.6 48362
R. Grant Graham Elementary School KG - 05 365 17.1 48326
Rogers School KG - 06 334 19.1 48326
Stadium Drive Elementary School KG - 05 481 22.7 48360
Walton Charter Academy KG - 08 789 18.4 48340
Webber School PK - 05 495 18.5 48362

Middle Schools near Lake Orion, MI

School Grades Students P/T Ratio ZIP
Pontiac Middle School 07 - 09 958 21.4 48340
Scripps Middle School 06 - 08 621 17.6 48360
Waldon Middle School 06 - 08 613 16.8 48360

High Schools near Lake Orion, MI

School Grades Students P/T Ratio ZIP
Avondale High School 09 - 12 989 17.5 48326
Lake Orion Community High School 09 - 12 2,316 20.7 48360
Pontiac High School 10 - 12 924 18.4 48340

Ungraded Schools near Lake Orion, MI

School Grades Students P/T Ratio ZIP
Kennedy Center KG - 12 83 9.2 48340

Demographics near Lake Orion, MI

Metric City County
Neighborhood Type Suburban
Population 2,920 1,271,983
Population Density 3,618 1,466
Median Age 42.6 41
People per Household 2.3 2.4
Median Household Income 90,750 86,275
Average Income per Capita 50,576 49,012