Orchard Lake Home Prices & Values

$588,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 9.4% 1-year change
  • 5.5% 1-year forecast

The median home value in Orchard Lake is $588,100. Orchard Lake home values have gone up 9.4% over the past year and Zillow predicts they will rise 5.5% within the next year. The median price of homes currently listed in Orchard Lake is $900,000.

Relative ZHVI
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Orchard Lake Market Overview

Data through Aug 31, 2014
  • $588,100 ZHVI
  • 5.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $900,000 Median listing price
  • No data Median sale price
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Orchard Lake Market Health

Data through Aug 31, 2014
  • 9.0/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Franklin $516,300 Bloomfield Hills $406,500 West Bloomfield $270,200
Farmington Hills $222,900 Sylvan Lake $179,000 Waterford $130,300
Walled Lake $118,600 Keego Harbor $110,900 Pontiac $57,400

Listings & Sales

Data through Aug 31, 2014
  • $285 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 50.0% Listings with price cut
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Orchard Lake Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,410 Orchard Lake
$1,062 Detroit Metro
$1,328 United States
  • 1.8 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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