How much do homes in Orchard Lake Village, MI cost?

Median List Price

$1,000,000

$347/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2022

+$170,100(+20.5%)

Key Takeaway

The list price of homes in Orchard Lake Village has increased by 20.5% since last year.

Median List Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
N/A
2 $259K$250K
-3.5%
3 $1.2M$1.1M
-7.8%
4 $649K$827.5K
+27.5%
5+ $2.4M$1.6M
-32.0%

Median List Price Compared To Nearby Cities

Keego Harbor
+22.8%
Orchard Lake Village
+20.5%
West Bloomfield
+9.5%
West Bloomfield Charter Township
+6.7%

How many homes are available in Orchard Lake Village, MI?

Number of Homes For Sale

Apr 2023May 2023%
89+12.5%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 55
0.0%
5+ 34
+33.3%

How long does it take to sell a home in Orchard Lake Village, MI?

How long does it take to sell a home in Orchard Lake Village, MI?

Average Listing Age

May 2022May 2023%
75 Days82 Days+9.9%

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Orchard Lake Village, MI?

About Orchard Lake Village, MI

Homes for sale in Orchard Lake Village, MI have reached 9. Between April 2023 and May 2023, Orchard Lake Village, MI real estate market has seen increase in the number of listings by 12.5%. The median list price of listings available in May 2023 was $1,000,000, while the average time on the real estate market was 82 days. Real estate listing prices changed between April 2023 and May 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 3.5%, prices of 3 bedrooms properties decreased by 7.8%, the cost of 4 bedrooms properties went up by 27.5%, 5 bedrooms properties became 32% more cheaper. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes have not changed, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes went up by 33.3%.