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Orchard Lake Village, MI

Full City Profile · Michigan · Oakland County County

3.8 /5.0
B+ Good
2,298 Population 958/sq mi density
$212,813 Median Income $122,283 per capita
$799,500 Home Value $221,351 Zillow
48°F Avg Temperature 291 sunny days/yr
396 Violent Crime/100K 1,187 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$212,813 median income, 2.4% unemployment
A+
Affordability
4.6 / 5.0
$799,500 home value, /mo rent
F
Safety
1.0 / 5.0
396 violent crimes/100K (4% above avg)
A+
Education
5.0 / 5.0
68.3% bachelor's degree or higher

Housing Overview

Median Home Value
$799,500
184% above
US avg: $281,900
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
829
Median year built: 1983

Home Value by Source

Census Median
$799,500
Zillow (ZHVI)
$221,351
Median Sale Price
$410,000
Median List Price
$985,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.1%
Owner-Occupied
3.9%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo

Market Indicators (Redfin)

Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$194
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
96.1%

Complete Housing Data

Home Values

Census Median Value$799,500
Zillow Home Value (ZHVI)$221,351
Median Sale Price$410,000
Median List Price$985,000
Price Per Sq Ft$194

Rent

FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market0
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$194

Ownership & Stock

Owner-Occupied96.1%
Renter-Occupied3.9%
Homeownership Rate96.1%
Total Housing Units829
Median Year Built1983
Rent Burden26.8%