Is Orange, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Orange has remained a Seller's Market.
Housing Prices in Orange, CT
How much do homes in Orange, CT cost?
Median Sold Price
$540,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orange was $540,000 in April 2024, up 9.4% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240.2K | $327.5K | +36.3% |
2 Bedrooms | $391.6K | $417.5K | +6.6% |
3 Bedrooms | $493.7K | $562.5K | +13.9% |
4 Bedrooms | $539.9K | $601.5K | +11.4% |
5+ Bedrooms | $750K | $640K | -14.7% |
Summary: Orange housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.3%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
Derby | $260K | $320K | +23.1% |
New Haven | $280K | $320.6K | +14.5% |
West Haven | $289.9K | $320K | +10.4% |
Orange | $493.7K | $540K | +9.4% |
Milford | $400.7K | $431.6K | +7.7% |
Housing Supply in Orange, CT
How many homes are available in Orange, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 30 | +30.4% |
Summary: The Orange real estate market had 30 homes for sale in April 2024, a 30.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orange housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Orange in April 2024, the same as the previous month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for Orange, CT
We’re sorry, we don't have information for this market at the moment