Home prices
The median home value in Orchard Lake Village is $645,500. In comparison to nearby areas this is about $376,800 (140%) higher.Compared to the United States as a whole it is roughly $428,000 (196%) higher, and in comparison to the city of Detroit is approximately $596,300 (1211%) higher.
Rents
The median rent in Orchard Lake Village is $3,067 a month. This is roughly $1,598 (108%) higher compared to its nearby areas.In comparison to the country as a whole it is roughly $2,005 (188%) higher, and is approximately $2,243 (272%) higher in comparison to the city of Detroit.
Nearby places
Keego Harbor
Keego Harbor is Orchard Lake Village's neighbor to the northeast. Its real estate prices are substantially less expensive. The median home in Keego Harbor is valued at $153,900, which comes out to $491,600 (319%) lower than Orchard Lake Village. Rents there are a lot less expensive. Keego Harbor's median monthly rent is $949, which comes out to $2,118 (223%) lower than Orchard Lake Village.
Sylvan Lake
Sylvan Lake is roughly 2 miles northeast of Orchard Lake Village. Its real estate prices are substantially less expensive. The median home price in Sylvan Lake is $233,800, which is $411,700 (176%) lower than Orchard Lake Village. Its rents are significantly less expensive. In Sylvan Lake the median rent is $1,712 per month, which comes out to $1,355 (79%) lower than Orchard Lake Village.
Wolverine Lake
Wolverine Lake is roughly 5 miles west from Orchard Lake Village. The real estate prices there are significantly less expensive. The median home value in Wolverine Lake is $197,000, which is $448,500 (227%) lower than Orchard Lake Village. Its rents are significantly less expensive. In Wolverine Lake the median rent is $988 a month, which works out to $2,079 (210%) lower than Orchard Lake Village.
Franklin
Franklin is approximately 5 miles southeast from Orchard Lake Village. Real estate prices there are a little less expensive. Franklin's median home value is $611,900, which works out to $33,600 (5%) lower than Orchard Lake Village. Rents there are a little less expensive. The median monthly rent in Franklin is $2,659, which comes out to $408 (15%) lower than Orchard Lake Village.
Walled Lake
Walled Lake is approximately 5 miles southwest of Orchard Lake Village. Its housing prices are significantly less expensive. The price of the median home in Walled Lake is $146,900, which works out to $498,600 (339%) lower than Orchard Lake Village. Its rents are a lot less expensive. In Walled Lake the median rent is $1,037 a month, which works out to $2,030 (195%) lower than Orchard Lake Village.
