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Market Intelligence · MI / Lake Orion

Lake Orion, MI 48362 Housing Market

The typical home in Lake Orion, MI 48362 is worth $384,969 as of September 2026, up 2.6% over the past year. The median list price is $574,948, and homes spend a median of 38 days on the market.

Updated September 2026Median value$385K

The median home value in Lake Orion, MI 48362 is $385K as of September 2026, up 2.6% 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 48362 range

$354K to $416K

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

+2.6% over 12 months

Typical home value in 48362 over the last 12 months: $375K in Sep 2025 to $385K in Sep 2026 (+2.6%).

Sep 2025$375K

Sep 2026$385K

The numbers

What is the 48362 housing market like?

Typical home value

$385K

Up2.6%YoY

Median list price

$575K

Up7.0%MoM

Days on market

38

Up11.8%MoM

Homes for sale

51

Up4.1%MoM

Price cuts

36.6%

Up3.2%MoM

New listings

16

Down42.9%MoM

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

The outlook

48362 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48362 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 48362 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 48362?

Zillow's forecast does not call for a drop: it expects typical home values in 48362 to rise 1.9% by September 2027, after a 2.6% 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 48362 home prices compare?

  • 48362$384,969
  • 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

Lake Orion, MI 48362 had 51 homes for sale in September 2026, with 16 new listings hitting the market that month. The median list price of $574,948 sits well above the typical home value of $384,969, which suggests higher-priced homes make up a large share of what is actively for sale. Even so, 36.6% of listings have taken a price cut, a sign that some sellers priced above what buyers would pay. Values are still up 2.6% over the past year, so this is not a declining market. For a seller, the realistic takeaway is that pricing right from the start matters more than aiming high and cutting later.

Monthly payment

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20% · $76,994

Common questions

What people ask us.

How much is a home in 48362 worth?

The typical home value in 48362 is $384,969 as of September 2026, up 2.6% over the past year.

How long do homes take to sell in 48362?

Homes in 48362 spent a median of 38 days on the market as of September 2026.

Are sellers in 48362 cutting prices?

Yes. As of September 2026, 36.6% of listings in 48362 had a price cut.

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