Bankruptcy Homes in Lake Orion, MI

Search within map
View this home at S Long Lake Blvd Lake Orion MI 48362
Bankruptcy NEW
$377,209 EMV

3 Bed | 2.5 Bath | 2,191 Sq. Ft.

View this home at Cornith St Lake Orion MI 48359
$302,575 EMV

3 Bed | 1 Bath | 1,540 Sq. Ft.

View this home at Browning Dr Lake Orion MI 48360
$771,307 EMV

4 Bed | 3.5 Bath | 3,427 Sq. Ft.

View this home at Sunrise Cir Apt 101 Lake Orion MI 48360
View this home at Jamm Rd Orion MI 48359

2 Bed | 1 Bath | 672 Sq. Ft.

View this home at S Baldwin Rd Lake Orion MI 48360
$273,837 EMV

3 Bed | 1.5 Bath | 1,196 Sq. Ft.

View this home at Hidden Valley Dr Lake Orion MI 48362
$478,673 EMV

3 Bed | 3 Bath | 3,216 Sq. Ft.

View this home at Fishermans Cv Apt 301 Lake Orion MI 48360
View this home at Elmhurst Cir Orion MI 48359
View this home at Lark St Lake Orion MI 48360
Displaying 1 - 10 of 29

Home Value Estimator For Lake Orion, MI

There are currently 12,565 real estate properties in Lake Orion, MI, with a median automated valuation model (AVM) price of $340,152.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake 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 Lake Orion, MI, is $376,461.00, with the most expensive house in Lake Orion, MI, topping out at $3,195,794.00 and the cheapest home in Lake Orion, MI, clocking in at $24,897.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Orion, MI!

Rent Prices In Lake Orion, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Orion, MI, is on a rollercoaster ride. The average rent price in Lake Orion, MI, is $1,734.00. Indeed, when looking to rent in Lake Orion, MI, you can expect to pay as little as $530.00 or as much as $3,220.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Lake 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.

Top Reasons To Live In Lake Orion, MI In 2024

Lake Orion is located in Oakland, Michigan, with an estimated municipal population of 3,189 residents. All of the best foreclosed homes for sale in Lake Orion are located in the following zip code areas on 48362 48361. The estimated population per square kilometer (.62 miles) in Lake Orion is 1,524.

Cost Of Living In Lake Orion, MI

So, about how much do homes cost in Lake Orion? The most recent median value of resident-owned homes in Lake Orion is 271,721. An estimated 72.2 percent of households in Lake Orion own their homes, with an average family size of 2.99. The median household income in Lake Orion is 90,099, with43 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Orion, the median commute time of resident workers (in minutes) is 31.6. And last, but certainly not least, are you looking for homes to rent in Lake Orion? If so, the average rent price paid by renters in Lake Orion is 733, according to recent statistics.

Diversity And Demographics In Lake Orion, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lake Orion, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lake Orion is 41.7, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Lake Orion is 52.8, with an average family size of 2.99.

The percentage of residents who report their race in Lake Orion is as follows:

White 95.8%
Black / African American 0.3%
Asian 3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.1%
Other 0.8%

Looking for family-friendly neighborhoods in and/or near Lake Orion? Or maybe you are searching for 55+ active adult communities in and/or near Lake Orion?

The percentage of residents who report their age in Lake Orion is as follows:

Under 10 11.1%
Aged 10-19 10.2%
20s 12.6%
30s 13.4%
40s 12.2%
50s 13.2%
60s 14.4%
70s 6.3%
80+ 6.5%

Best Schools In Lake Orion, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lake Orion with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Orion.

Pros And Cons Of Living In Lake Orion, Michigan

How do you know that living in -- or moving to -- Lake Orion is right where you need to be? Perhaps you grew up in Lake Orion or already live nearby; therefore, the decision to buy a home in Lake Orion is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Orion for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lake Orion:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake Orion.

Reasons To Move To Lake Orion, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake Orion can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake Orion, meanwhile, can field multiple offers from more qualified buyers.

Lake Orion, MI Bankruptcy Homes


Listing types in Lake Orion, MI

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily! Advantages

Many listings on are not found anywhere else. Save thousands on incredible foreclosure deals in Lake Orion, MI. Save up to 62% with deals in Lake Orion, MI.

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © / 1999-2024. All Rights Reserved.