Orion, MI Foreclosures
How much do homes sell for in Orion, MI?
The average home price is currently $538,746.
What’s the average rental cost in Orion, MI?
The average rental price in Orion is $1,869.
What is the most expensive home in Orion?
The most expensive home sold in Orion had a price of $994,845.
What is currently the cheapest priced home in Orion, MI?
The cheapest home for sale in Orion is priced at $189,985.
Living in Orion, MI
Orion, MI, is a picturesque suburban township in Oakland County that offers a blend of tranquility and vibrant community life. Known for its parks, lakes, and family-friendly neighborhoods, Orion is an ideal location for those seeking a balance between nature and urban amenities. With excellent schools and convenient transportation options, the area attracts families and professionals alike.
Current Market Conditions in Orion, MI
The real estate market in Orion, MI, demonstrates stable growth, with a gradual increase in property values over the past year. The area has witnessed a steady demand for homes as families seek out the quiet, community-oriented lifestyle Orion offers. Houses in the township are seeing competitive sale prices, reflecting its desirability among buyers.
Current market trends indicate a healthy inventory of homes for sale, catering to a variety of budgets and preferences. The average days on market for listings has decreased, showing that homes are selling faster, which is a positive sign for sellers.
Home Value Estimator For Orion, MI
There are currently 176 real estate properties
in Orion, MI,
with a median automated valuation model (AVM) price
of $561,073.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Orion, MI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Orion, MI,
is $538,746.00, with the most expensive house
in Orion, MI, topping out
at $994,845.00 and the cheapest home
in Orion, MI,
clocking in at $189,985.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Orion, MI!
Rent Prices
In Orion, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Orion, MI, is on
a rollercoaster ride. The
average rent price in Orion, MI,
is $1,869.00. Indeed, when looking to rent in
Orion, MI, you can expect to pay as little
as $1,060.00 or as much
as $2,940.00,
with the average rent median estimated to
be $1,960.00. The good news is that finding
an affordable and desirable property to rent in Orion, MI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
