Market Intelligence · MI / Lake Orion

Lake Orion, MI 48360 Housing Market

The typical home value in Lake Orion, MI 48360 is $422,244 as of September 2026, up 2.7% over the past year. The median list price is $486,530, and homes spend a median of 40 days on the market.

Updated September 2026Median value$422K

The median home value in Lake Orion, MI 48360 is $422K as of September 2026, up 2.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48360 range

$388K to $456K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.7% over 12 months

Typical home value in 48360 over the last 12 months: $411K in Sep 2025 to $422K in Sep 2026 (+2.7%).

Sep 2025$411K

Sep 2026$422K

The numbers

What is the 48360 housing market like?

Typical home value

$422K

Up2.7%YoY

Median list price

$487K

Up5.0%MoM

Days on market

40

Up21.2%MoM

Homes for sale

33

Flat0.0%MoM

Price cuts

27.1%

Up46.5%MoM

New listings

16

Up33.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

48360 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48360 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48360 rose 2.7%, per the Zillow Home Value Index.

Will home prices drop in 48360?

Zillow's forecast does not call for a drop: it expects typical home values in 48360 to rise 1.5% by September 2027, after a 2.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48360 home prices compare?

  • 48360$422,244
  • Lake Orion$394,575
  • Michigan$241,156
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake Orion: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Lake Orion, MI 48360 has 33 homes for sale, with 16 new listings added. The median list price is $486,530 while the typical home value sits at $422,244, up 2.7% over the past year. Homes are moving in a median of 40 days, and 27.1% of listings have taken a price cut. That share of reductions suggests some sellers are starting too high and adjusting. For a seller, pricing close to what the local data supports matters more than testing the top of the range.

Monthly payment

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20% · $84,449

Common questions

What people ask us.

How much is a home in 48360 worth?

The typical home value in 48360 is $422,244 as of September 2026, up 2.7% over the past year.

How long do homes take to sell in 48360?

Homes in 48360 spend a median of 40 days on the market as of September 2026.

What are homes listed for in 48360?

The median list price is $486,530 as of September 2026, with 33 homes for sale and 27.1% of listings showing a price cut.

Discover

Nearby ZIP markets.

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Guides for sellers.