The median home value in Lake Orion, MI is $369,400. 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 $369,400. 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 48362 has a population of 2,920. Lake Orion 48362 is more family-centric than the surrounding county with 37.84% 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 48362 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 48362 is 42.6 years.
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.