News

QuantaLoan Market Research

USA!
USA		 flag
Michigan		 Orion
Michigan

Orion, MI 48362

Orion (48362) has an estimated 15,141 residents with 15,009 of those people in approximately 5,718 housing units. The 48362 zipcode contains 3,734 housing units that are owned with a mortgage or a loan, 795 housing units that are owned free and clear and 1,189 housing units that are renter occupied.


In 2018 the average percentage drop was 2.83% of original listing price.

Zip code 48362 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Orion, MI (48362) is $241,500 as of 2018-10-31

In Orion, MI (48362), values have declined by -0.01 from when they peaked at $244,300 in 2018-Q3

The Zillow Market Health Index for Orion, MI (48362) is 2.80. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is significantly lower than the overall Market Health Index of Detroit-Warren-Dearborn.


Demographics of Lake Orion zipcode 48362
The median age here is 42.60. This age is 112.1% the national median age.
This population is significantly older.
The number of male residents is 7,602 with a median age of 41.10 years. The number of female residents is 7,399 with a median age of 44.20 years. This yields a ♂ to ♀ ratio of 1.03
The average household is 2.53 persons and has an income of $98,333.
The average family size in Orion is 2.81.
Area Code: 248/947
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 340
Employment: 3,163
Medicare Area: Warren-Troy-Farmington Hills, MI
County: OAKLAND

Interested in adding this type of zip code level housing statistics to your website? Click here for the QuantaLoan.com city widget code for Orion (48362).