Is Orange, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Orange was a Seller's Market.
Housing Prices in Orange, TX
How much do homes in Orange, TX cost?
Median Sold Price
$229,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Orange was $229,500 in March 2024, down 2.8% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $26K | $55K | +111.5% |
2 Bedrooms | $62.5K | $93.4K | +49.5% |
3 Bedrooms | $175K | $214.9K | +22.8% |
4 Bedrooms | $315K | $285.8K | -9.2% |
5+ Bedrooms | $364.9K | - | N/A |
Summary: Orange housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.5%, 2 bedroom homes increased by 49.5%, 3 bedroom homes increased by 22.8%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Orange | $236.2K | $229.5K | -2.8% |
Pinehurst | $525K | $357.5K | -31.9% |
Housing Supply in Orange, TX
How many homes are available in Orange, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
74 | 79 | +6.8% |
Summary: The Orange real estate market had 79 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 39 | 44 | +12.8% |
4 Bedrooms | 27 | 25 | -7.4% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Orange housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Orange in March 2024, up by 175.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Orange, TX
How long does it take to sell a home in Orange, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 50 Days | -27.8% |
Summary: Homes in Orange had an average of 50 days on market in Mar 2024, down by 27.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Orange; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.