Is Orange, MA 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, MA
How much do homes in Orange, MA cost?
Median Sold Price
$283,250
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orange was $283,250 in April 2024, up 3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $257K | N/A |
2 Bedrooms | $262.5K | $277.4K | +5.7% |
3 Bedrooms | $280K | $301K | +7.5% |
4 Bedrooms | $269.9K | $282K | +4.5% |
5+ Bedrooms | $262.5K | $250K | -4.8% |
Summary: Orange housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Athol | $285K | $304K | +6.7% |
Orange | $275K | $283.2K | +3.0% |
Housing Supply in Orange, MA
How many homes are available in Orange, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 25 | -21.9% |
Summary: The Orange real estate market had 25 homes for sale in April 2024, a 21.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 12 | 10 | -16.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 6 | 1 | -83.3% |
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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 83.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Orange in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Orange, MA
How long does it take to sell a home in Orange, MA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 32 Days | -43.2% |
Summary: Homes in Orange had an average of 32 days on market in Apr 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Orange; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.