Orchard Lake Village Real Estate
7 active listings · 20 sold in the past 12mo
$4,395,000
Median List Price
20
Sold (past 12mo)
45
Avg Days on Market
0.0%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(7)
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For Sale
1/47
$12,900,000
4740 Dow Ridge Road, Orchard Lake Village, MI 48324
5 bd9 ba17,150 sqft8.01 ac
Single Family
For Sale
1/51
$5,799,000
5305 Elmgate Bay Drive, Orchard Lake Village, MI 48324
8 bd10 ba17,894 sqft2.22 ac
Single Family
For Sale
1/4
$4,500,000
3655 Shady Beach Boulevard, Orchard Lake Village, MI 48324
4 bd6 ba9,000 sqft4.75 ac
Single Family
For Sale
1/75
$4,395,000
4326 COMMERCE Road, Orchard Lake Village, MI 48324
7 bd7 ba9,984 sqft2.38 ac
Single Family
For Sale
1/24
$3,995,000
3317 W Shore Drive, Orchard Lake Village, MI 48324
5 bd7 ba12,304 sqft1.19 ac
Single Family
For Sale
1/77
$3,550,000
5820 LAKEVIEW Avenue, Orchard Lake Village, MI 48323
4 bd8 ba8,484 sqft0.48 ac
Single Family
For Sale
1/29
$974,000
5106 Deer Run Circle, Orchard Lake Village, MI 48323
5 bd4 ba5,777 sqft1.30 ac
Single Family
Recently Sold(20)
Frequently Asked Questions about Orchard Lake Village
What is the current real estate inventory in Orchard Lake Village?
Buyers in Orchard Lake Village can choose from 7 active listings. The median asking price is $4,395,000.
What is the median home price in Orchard Lake Village?
The median sale price in Orchard Lake Village is $4,395,000, based on 20 closed sales over the past 12 months.
How fast do homes sell in Orchard Lake Village?
Homes in Orchard Lake Village sell in an average of 45 days, based on 20 sales over the past 12 months.
What school districts serve Orchard Lake Village?
Orchard Lake Village is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Orchard Lake Village may be zoned for different districts. Check individual listings for the specific school district assignment.
Is Orchard Lake Village a buyer's or seller's market?
With 4.2 months of inventory, Orchard Lake Village is currently a balanced market. This is based on 7 active listings and 20 sales in the past 12 months.
How much are property taxes in Orchard Lake Village?
Michigan property taxes in Orchard Lake Village are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Orchard Lake Village?
Per U.S. Census ACS data, Orchard Lake Village has a 0.0% Household Formation Gap — essentially flat over the past 15 years. Average household size shifted from 2.92 to 2.96, while population grew 1.4%. This secondary indicator suggests demographic housing demand has remained relatively stable.