Property prices for sale in Lake Orion (Michigan)

The prices in real estate in Lake Orion, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$459,599.33
Average price last 6 months
$163.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lake Orion has remained the same in the last 6 months. In February, the average price per sq.feet was $166. In March this price pretty much remained the same at a value of $167 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $166.5 to $160.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $163.5 to $163.5 during June y July

Average price

Based upon to the price in Lake Orion (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $527,369. In March This price remains at $524,402. During the following two months (April, May) the average price had a considerable reduction of 83 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $480,467.25 to $417,863.5 in June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $412,322 they are 48 % more affordable than the average price for Lake Orion. The properties with the highest average price have 3 bedrooms, Their price is 154 % more costly than the average. After that we have properties with 4 bedrooms priced at $514,324.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $164 / sq.feet price in Lake Orion. The properties with the highest average prices have 3 bedrooms. They are 116 % more expensive than the average followed by properties with 2 bedrooms with a price at $160 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $412,322 it is 2 % cheaper than the average price in Lake Orion. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $404,760 it is 16 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $132 / sq.feet followed by "Townhouse" priced at $137 / sq.feet. "House" is the cheapest type of property with a $149 / sq.feet value followed by "Townhouse" with an average price of $137 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Lake Orion
Number of properties used in region Michigan
$412,322
$164
554
203,266
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
833 Heights Rd 3 Bedroom Apartment For Rent At 833 Heights Rd, Lake Orion, Mi 48362
 20
833 Heights Rd 3 Bedroom Apartment For Rent At 833 Heights Rd, Lake Orion, Mi 48362
$800
Lake Orion, Michigan - For Rent - 725 sq.feet - 1 bathroom
Unit c-fully rehabbed in 2020! Enjoy this 3 bedroom 1 bath unit in the sought after lake orion school district! Close to shopping, restaurants, and i-75! Utilities:gas...
3 Bedroom Home For Rent At 3460 Chalice Rd, Lake Orion, Mi 48359
 8
3 Bedroom Home For Rent At 3460 Chalice Rd, Lake Orion, Mi 48359
$1,100
Lake Orion, Michigan - For Rent - House - 925 sq.feet - 3 bedrooms - 1 bathroom
Don't let bad credit stop you from being a homeowner. This home is for rent. We have rent to owns available. Immediate occupancy. Must use application on mls....
4100 Heron Springs Blvd 2 Bedroom Apartment For Rent At 4100 Heron Springs Blvd, Lake Orio...
 20
4100 Heron Springs Blvd 2 Bedroom Apartment For Rent At 4100 Heron Springs Blvd, Lake Orio...
$1,575
Lake Orion, Michigan - For Rent - Apartment - 1,324 sq.feet - 2 bedrooms - 2 bathrooms
The audubon - ranch style living at it's best - the audubon apartment style is an easy access first-floor residence with a covered entry porch. It consists of...
4100 Heron Springs Blvd 3 Bedroom Apartment For Rent At 4100 Heron Springs Blvd, Lake Orio...
 20
4100 Heron Springs Blvd 3 Bedroom Apartment For Rent At 4100 Heron Springs Blvd, Lake Orio...
$1,925
Lake Orion, Michigan - For Rent - Apartment - 1,743 sq.feet - 3 bedrooms - 2 bathrooms
Elegant & spacious 3 bedroom home with courtyard view & stylish amenities - the blue heron is a flexible 3 bedroom, 2 bath apartment that easily can be...
4100 Heron Springs Blvd 3 Bedroom Apartment For Rent At 4100 Heron Springs Blvd, Lake Orio...
 20
4100 Heron Springs Blvd 3 Bedroom Apartment For Rent At 4100 Heron Springs Blvd, Lake Orio...
$2,050
Lake Orion, Michigan - For Rent - Apartment - 1,862 sq.feet - 3 bedrooms - 2 bathrooms
The townhome - upscale elegance - the luxurious 3 bedroom, 2.5 bath townhome provides a tranquil and exceptional setting. It has the convenience of complete...