The median home value in Lake Orion, MI is $461,000. This is higher than the county median home value of $248,100. The national median home value is $219,700. The average price of homes sold in Lake Orion, MI is $461,000. Approximately 64.15% of Lake Orion homes are owned, compared to 22.16% rented, while 13.69% 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 has a population of 3,116. Lake Orion is more family-centric than the surrounding county with 37.52% of the households containing married families with children. The county average for households married with children is 33.38%.
The median household income in Lake Orion, Michigan is $85,301. The median household income for the surrounding county is $73,369 compared to the national median of $57,652. The median age of people living in Lake Orion is 45.7 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 33 inches per year, with 36.2 inches of snow per year.