Lake Orion, MI

Lake Orion is a small town located in Oakland County, Michigan. The population of Lake Orion was 11,868 as of the 2010 census. The median household income in Lake Orion was $92,711 in 2009.

Real estate is one of the most important industries in Lake Orion. There are many homes for sale in the town and the prices for these homes are very high. In fact, according to Zillow, the median home value in Lake Orion is $1,047,000. This means that it is very difficult for people who want to buy a home in Lake Orion to do so.

One reason why real estate prices are so high in Lake Orion is because there are a lot of homes available for sale. In addition, many people who live in Lake Orion own their homes and they are not interested in selling them. This means that there are not a lot of buyers available when someone wants to buy a home in Lake Orion.

Another reason why real estate prices are high in Lake Orion is because there is a lot of demand for homes here. Many people who live in Lake Orion want to live near the lake and this makes it an attractive place to live. Furthermore, many people who live in LakeOrionare wealthy and they want to buy houses that reflect this fact. Therefore, they are willing to pay high prices for homes here