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Housing in Orchard Lake Village, Michigan

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Housing - Updated September, 2011
HousingOrchard Lake Village, MIUnited States
Median Home Age31.835.1
Median Home Cost$567,500$175,100
Home Appreciation-3.68%-3.15%
Homes Owned85.85%59.90%
Housing Vacant10.26%10.37%
Homes Rented3.89%29.73%
Property Tax Rate$13.73$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0000.00%2.65%
$20,000 to $39,9990.00%3.76%
$40,000 to $59,9990.00%4.99%
$60,000 to $79,9990.00%6.01%
$80,000 to $99,9990.55%7.27%
$100,000 to $149,9993.02%19.24%
$150,000 to $199,9994.95%14.67%
$200,000 to $299,99913.32%18.09%
$300,000 to $399,9999.34%9.14%
$400,000 to $499,99913.60%4.94%
$500,000 to $749,99916.90%5.42%
$750,000 to $999,99915.11%2.03%
$1,000,000 or more23.21%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20057.67%13.71%
1995 to 19989.11%8.54%
1990 to 19946.81%5.77%
1980 to 198923.00%13.87%
1970 to 197916.98%16.17%
1960 to 196914.50%11.70%
1950 to 195913.56%11.08%
1940 to 19492.00%6.02%
1939 or Earlier6.37%13.15%

The median home value in Orchard Lake Village, MI, is $567,500. Home appreciation is -3.68% over the last year. The median age of Orchard Lake Village, MI, real estate is 32 years.

Orchard Lake Village, MI Apartments and Rentals

Renters make up 3.89% of the Orchard Lake Village, MI, population. 10.26% of houses and apartments in Orchard Lake Village, MI, are unoccupied (vacancy rate).


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