Market Intelligence · MI / Lake Orion

Lake Orion, MI 48360 Housing Market

The typical home value in Lake Orion, MI 48360 is $430,042, up 2.9% over the past year as of 2026-07-01. The median list price is $463,160, and homes spend a median of 33 days on the market. There are 33 homes for sale as of 2026-08-01.

Updated August 2026Median value$424K

The median home value in Lake Orion, MI 48360 is $424K as of August 2026, up 2.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48360 range

$390K to $458K

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

+2.8% over 12 months

Typical home value in 48360 over the last 12 months: $413K in Aug 2025 to $424K in Aug 2026 (+2.8%).

Aug 2025$413K

Aug 2026$424K

The numbers

What is the 48360 housing market like?

Typical home value

$424K

Up2.8%YoY

Median list price

$463K

Down0.7%MoM

Days on market

33

Up3.1%MoM

Homes for sale

33

Up10.0%MoM

Price cuts

18.5%

Down10.6%MoM

New listings

12

Down53.8%MoM

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

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The comparison

How do 48360 home prices compare?

  • 48360$424,392
  • Lake Orion$398,622
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lake Orion: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Lake Orion's market in ZIP 48360 shows modest but steady value growth, with the typical home worth $430,042 as of 2026-07-01, up 2.9% over the past year. Sellers are asking a median of $463,160, and homes are moving in a median of 33 days, which points to reasonable buyer demand. Inventory sits at 33 homes for sale, with 12 new listings added. About 18.5% of listings have taken a price cut, so some sellers are adjusting expectations. For a seller, the picture is stable, but accurate pricing at the start matters.

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