Lake Orion
Lake Orion MI
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Nestled within the picturesque landscape of Oakland County, Michigan, Orion Township and the Village of Lake Orion offer a harmonious blend of natural beauty and vibrant community living.
Orion Township is renowned for its diverse range of neighborhoods, catering to various lifestyles and preferences. Golf enthusiasts are drawn to exclusive golf communities like Indianwood Golf and Country Club, offering premier courses amidst stunning surroundings. For those seeking the tranquility of lakeside living, Lake Orion boasts charming lake communities where residents can enjoy waterfront views and recreational activities year-round.
First-time home buyers can find their perfect match in the township's array of starter homes, providing an ideal entry point into home ownership without compromising on quality or comfort. Upscale neighborhoods showcase luxurious residences, showcasing meticulous craftsmanship and sophisticated design, elevating the standard of living for discerning homeowners.
Nature enthusiasts are spoilt for choice with a plethora of parks, bike trails, and state land to explore. Orion Oaks County Park is a haven for outdoor adventures, featuring miles of trails, picnic areas, and a dog park, while Bald Mountain Recreation Area offers hiking, biking, and equestrian trails amidst scenic woodlands.
Whether you're drawn to the serene shores of Lake Orion, the manicured fairways of prestigious golf communities, or the vibrant energy of family-friendly neighborhoods, Orion Township and the Village of Lake Orion provide a dynamic living experience rooted in natural splendor and community camaraderie.
Orion (township and village) sales in 2023 were down- both units and sales price. Unit sales were down a whopping 30%; from 611 sales to 430 sales. This is partly due to a low inventory. I'm sure interest rates had some affect but the average time on the market in 2023 was only 41 days.
Prices were only down very slightly- 1/2% but was up over 6 1/2% from 2021 and up 26 1/2% from 5 years earlier in 2018.
Through the 1st half of this year unit sales are down a tad - 187 this year vs 191 in 2023. The average sales price is up almost 71/2% and sales volume is up quite a bit- Over $80 million this year. Just under $76 million last year.
Average Sales Price Unit Sales
2023- $392,703 2023- 430
2022- $394,585 2022- 611
2021- $366,934 2021- 719
2020- $326,709 2020- 647
2019- $305,104 2019- 563
First Half
Average Sales Price Unit Sales
2024- $429,675 2024- 187
2023- $397,693 2023- 191
2022- $399,920 2022- 279
2021- $350,770 2021- 313
2020- $310,080 2020-210