Is Orange County, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Orange County is a seller's market


Difference Since August 2021

Since last year, Orange County has remained a Seller's Market.

Key Takeaway

Orange County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Orange County, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2021


Key Takeaway

Homes in Orange County have sold for 15.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $354.6K$423.9K
2 $530.4K$627.2K
3 $799.4K$931.6K
4 $1.0M$1.2M
5+ $1.5M$1.8M

Median Sold Price Compared To Nearby Counties

Riverside County
San Bernardino County
Orange County
San Diego County
Los Angeles County

How many homes are available in Orange County, CA?

Number of Homes For Sale

Jul 2022Aug 2022%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 305276
2 1,5261,510
3 2,5512,551
4 2,2502,207
5+ 1,0081,025

Number of Homes Sold

Jul 2022Aug 2022%

Asking Price vs. Sold Price

974 Homes Were Sold
Under Asking

350 Homes Were Sold
At Asking

709 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange County, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
17 Days23 Days+34.3%

Breakdown of Home Sale Times

1,433 Homes Were Sold
Under 30 Days

563 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Orange County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Orange County, CA

Homes for sale in Orange County, CA have reached 7,569. The number of homes for sale in Orange County, CA decreased by 0.9% between July 2022 and August 2022. The median list price of listings available in August 2022 was $975,408, while the average time on the real estate market was 23 days. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties went up by 19.6%, 2 bedrooms properties became 18.3% more expensive, prices of 3 bedrooms properties increased by 16.5%, 4 bedrooms properties became 22% more expensive, prices of 5 bedrooms properties increased by 20.9%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 9.5%, the quantity of 2 bedrooms homes went down by 1%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 1.9% less available, 5 bedrooms homes became 1.7% more available. Orange County, CA housing market in August 2022 saw over 709 listings sold above listed price, more than 350 sold at listed price and over 974 sold below.

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