$4,599,000
8,941 SqFt
4 Beds
•6 Full Baths, 3 Partial
Tushar V Vakhariya, Renee Lossia Acho, Listing Office: KW Domain
Housing Prices in Orchard Lake Village, MI
How much do homes in Orchard Lake Village, MI cost?
Median List Price
$1,200,000
$338/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$299,000(-19.9%)
Key Takeaway
The list price of homes in Orchard Lake Village has decreased by 19.9% since last year.
Summary: The median home list price in Orchard Lake Village was $1,200,000 in November 2024, down 19.9% from the previous year, and the median price per square foot was $338.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | $225K | -10.0% |
| 3 Bedrooms | $474.9K | $1.0M | +118.9% |
| 4 Bedrooms | $999K | $847K | -15.2% |
| 5+ Bedrooms | $1.6M | $5.7M | +245.7% |
Summary: Orchard Lake Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 118.9%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 245.7%.
Median List Price Compared To Nearby Cities
| West Bloomfield | $399.8K | $429.6K | +7.4% |
| West Bloomfield Charter Township | $399.8K | $427.6K | +6.9% |
| Keego Harbor | $227.5K | $190K | -16.5% |
| Orchard Lake Village | $1.4M | $1.2M | -19.9% |
Housing Supply in Orchard Lake Village, MI
How many homes are available in Orchard Lake Village, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Summary: The Orchard Lake Village real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Orchard Lake Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Days on Market for Orchard Lake Village, MI
How long does it take to sell a home in Orchard Lake Village, MI?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 158 Days | 205 Days | +29.5% |
Summary: Homes in Orchard Lake Village had an average listing age of 205 days in Nov 2024, up by 29.5% compared to the previous year.
