Lake Orion, MI 48362 Real Estate & Property Data
Last Updated: April 28, 2024
A total of 222 residential properties have been sold over the past 12 months in 48362. With a median sales price of $362,500 in 48362. Discover market trends and get the granular level real estate data for Lake Orion, MI 48362 to keep your pulse on the housing market. Curate compelling home reports for Lake Orion, MI 48362 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 5,755
Total Commercial Properties 206
Avg. Home Age (Single Family Home) 54 Years
Avg. Square Feet (Single Family Home) 1,746
Total 2024 Residential Sales (year-to-date) 20
% of Homes Seriously Underwater (Q2 2024) 0.85%
Total 2023 Residential Sales 212
% of Equity Rich Homes (Q2 2024) 46.5%
Effective 2023 Property Tax 0.96%
Total Foreclosure Filings (year-to-date) 2
Lake Orion, MI 48362 Real Estate Overview
There were 222 residential properties sold in the past year in Lake Orion, MI 48362. The median home value in Lake Orion, MI 48362 is $336,240. There are a total of 5,755 residential properties in the 48362.
Median Sales Price i
$362,500
(Feb 2024)
+59.5%
year-over-year
y-o-y
- February '24 Feb '24 $362,500
- January '24 Jan '24 $328,500
- December '23 Dec '23 $349,750
- November '23 Nov '23 $390,000
- October '23 Oct '23 $296,550
- September '23 Sep '23 $300,000
- August '23 Aug '23 $313,500
- July '23 Jul '23 $430,000
- June '23 Jun '23 $343,750
- May '23 May '23 $267,500
- April '23 Apr '23 $245,000
- March '23 Mar '23 $303,050
Median Down Payment i
$70,000
(Feb 2024)
+97.2%
year-over-year
y-o-y
- February '24 Feb '24 $70,000
- January '24 Jan '24 $15,725
- December '23 Dec '23 $21,875
- November '23 Nov '23 $25,763
- October '23 Oct '23 $32,700
- September '23 Sep '23 $52,100
- August '23 Aug '23 $56,200
- July '23 Jul '23 $46,000
- June '23 Jun '23 $30,050
- May '23 May '23 $18,900
- April '23 Apr '23 $27,000
- March '23 Mar '23 $21,575
Number of Homes Sold i
11
(Feb 2024)
-45%
year-over-year
y-o-y
Number of Purchase Loans i
8
(Feb 2024)
-38.5%
year-over-year
y-o-y
Number of REFI Loans i
9
(Feb 2024)
+12.5%
year-over-year
y-o-y
Number of HELOC Loans i
5
(Feb 2024)
-16.7%
year-over-year
y-o-y
Lake Orion, MI 48362 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Lake Orion, MI 48362 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
1
(Feb 2024)
- February '24 Feb '24 1
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 2
- March '23 Mar '23 2
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