The story of this market
The typical home in ZIP 48360 sells for about $433,000, or $205 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,394 a month.
ZIP 48360 — Lake Orion
The housing market in 48360 remains stable with moderate price appreciation and low inventory levels. Demand is driven by the area's high quality of life and proximity to major employment hubs, though high interest rates continue to temper transaction volume.
This ZIP is ideal for families and professionals seeking a suburban environment with high-quality schools and recreational amenities, though investors may find cash-flow challenging due to high price-to-rent ratios.
Median prices moved up 3.2% year over year.
Homes spend a median of 38 days on market with 2.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 2.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48360, Oakland County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Orion area remain low relative to regional averages, with property crime being the primary concern for local law enforcement.
The area is served by highly-rated public schools within the Lake Orion Community Schools district, which is frequently recognized for academic performance.
The region faces standard Midwestern climate risks, including seasonal severe thunderstorms and winter weather, with flood risk primarily localized to specific waterfront parcels.
Economic momentum is driven by proximity to the automotive and technology corridors of Oakland County, with steady residential development and infrastructure maintenance.
Property taxes are assessed at the local level based on taxable value, with millage rates determined by school districts, county government, and local municipal authorities.
Residents primarily commute by car toward employment hubs in Auburn Hills, Troy, and Detroit via I-75 and M-24.
The area features extensive access to lakes, including Lake Orion, along with numerous parks, trails, and golf courses, providing a suburban-recreational lifestyle.
The rental market is characterized by low vacancy pressure and limited inventory, with rents trending upward due to high demand for suburban housing.
The local economy is anchored by the automotive manufacturing and engineering sectors, with significant employment bases in nearby Auburn Hills.
The area is primarily served by major highway corridors including M-24 and I-75, with limited public transit options.
Development is focused on infill residential projects and the continued modernization of the downtown commercial district.
Parcels are subject to standard school district, county, and municipal tax levies, with no major MUD/PID districts reported.
Property insurance premiums are stable, reflecting the area's low-to-moderate risk profile for natural disasters.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- C.J. Barrymore's4.419.5 mi
- Dave & Buster's Utica4.114.3 mi
- Round1 Bowling & Arcade - Auburn Hills4.14.6 mi
- Urban Air Trampoline and Adventure Park4.214.7 mi
- Activate Games514.6 mi
- Pine Knob Music Theatre4.66.7 mi
- Topgolf4.24.3 mi
- Michigan Renaissance Festival4.417.7 mi
- SEA LIFE Michigan Aquarium4.34.4 mi
- C.J. Barrymore's4.419.5 mi
- SEA LIFE Michigan Aquarium4.34.4 mi
- Stony Creek Metropark4.79.1 mi
- AMC Forum 303.912.8 mi
- Emagine Rochester Hills4.69.5 mi
- Round1 Bowling & Arcade - Auburn Hills4.14.6 mi
- Cranbrook House & Gardens4.812.7 mi
- Cranbrook Institute of Science4.712.4 mi
- Meadow Brook Hall4.85.9 mi
- River Bends Park4.711.7 mi
- Cranbrook Art Museum4.712.7 mi
- Stony Creek Metropark4.79.1 mi
- Innovation Hills4.77.6 mi
- Cranbrook House & Gardens4.812.7 mi
- Borden Park4.69.8 mi
- Addison Oaks County Park and Campground4.65.2 mi
- Topgolf4.24.3 mi
- Shepherd's Hollow Golf Club4.311.5 mi
- Cherry Creek Golf Club4.512.2 mi
- Pine Knob Golf Club4.46.7 mi
- Paint Creek Country Club4.44 mi
- Great Lakes Crossing Outlets4.54.6 mi
- Canterbury Village4.32.2 mi
- Meijer4.19.5 mi
- Meijer44 mi
- Meijer4.19.9 mi
- Bishop International Airport4.529.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central recreational lake offering boating and fishing access.
Large state-managed park with hiking, biking, and winter sports facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.