The median sale price of a home in Village of Lake Orion Downtown was $250K last month, up 27.0% since last year. The median sale price per square foot in Village of Lake Orion Downtown is $165, up 5.8% since last year.
Village of Lake Orion Downtown Housing Market Trends
What is the housing market like in Village of Lake Orion Downtown today?
In March 2024, Village of Lake Orion Downtown home prices were up 27.0% compared to last year, selling for a median price of $250K. On average, homes in Village of Lake Orion Downtown sell after 33 days on the market compared to 63 days last year. There were 2 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$249,500
+27.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Village of Lake Orion Downtown, MI
$249,500
+27.0%
United States
To compare other locations to the Village of Lake Orion Downtown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Orion add value to a home.
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How hot is the Village of Lake Orion Downtown housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.0%
+1.3 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Village of Lake Orion Downtown, MI
100.0%
+1.3 pt
United States
Home offer insights for Village of Lake Orion Downtown
Explore recent offers and recently sold homes in Village of Lake Orion Downtown
Recent offers
View houses in Village of Lake Orion Downtown that sold recently
Learn about schools in the Village of Lake Orion Downtown area
Elementary
Middle
High
GreatSchools Rating
9/10
Blanche Sims Elementary School
Public • K-5
469
Students
9 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Village of Lake Orion Downtown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Village of Lake Orion Downtown.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Village of Lake Orion Downtown has a moderate risk of flooding. 50 properties in Village of Lake Orion Downtown are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Village of Lake Orion Downtown. Flood risk is increasing faster than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Village of Lake Orion Downtown has a minor risk of wildfire. There are 10 properties in Village of Lake Orion Downtown that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Village of Lake Orion Downtown.
Village of Lake Orion Downtown has minimal risk of severe winds over the next 30 years
Wind Factor
Village of Lake Orion Downtown has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Village of Lake Orion Downtown has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Village of Lake Orion Downtown have a Minor Heat Factor®.
Village of Lake Orion Downtown is expected to see a 114% increase in the number of days over 97ºF over the next 30 years. Village of Lake Orion Downtown is expected to experience 7