Updated May 2026 · Redfin · 3-month window
48359 Real Estate Market Update: Lake Orion, MI, May 2026
The latest housing-market numbers for ZIP code 48359 in Lake Orion, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $414K | ▼ -8.6% | ▲ +19.0% |
| Days on market | 23 | ▼ -29.7% | ▲ +95.7% |
| Homes for sale | 24 | ▲ +9.1% | ▲ +14.3% |
| Sale-to-list | 99.3% | ▲ +0.2% | ▼ -3.9% |
| Homes sold | 20 | ▲ +11.1% | ▼ -28.6% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 48359 numbers say
Prices in Lake Orion's 48359 ZIP are still climbing. The median sale price reached $414,000, up 19.0% year over year. Homes here move fast: a typical listing goes under contract in about 23 days, and sellers are getting 99.3% of list price.
Based on 20 recent sales, 48359 is currently an active market.
What this means if you sell in 48359
Use these figures to set expectations early. Lead a listing appointment with the median price and the 23-day pace, show the year-over-year direction, and frame 48359 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Lake Orion post →Frequently asked: the 48359 housing market
- What is the median home price in ZIP 48359 (Lake Orion, MI)?
- As of May 2026, the median sale price in ZIP 48359 is $414,000 (+19.0% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48359 a buyer's or seller's market right now?
- ZIP 48359 is currently an active market, based on a 99.3% sale-to-list ratio, about 23 days on market for May 2026.
- How long do homes take to sell in ZIP 48359?
- A typical listing in 48359 goes under contract in about 23 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48359 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.