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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange Cove is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Orange Cove has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Orange Cove, CA

How much do homes in Orange Cove, CA cost?

Median Sold Price

$304,000

$232/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$88,000(-22.4%)

Key Takeaway

Homes in Orange Cove have sold for 22.4% less than they did a month ago.

Summary: The median home sold price in Orange Cove was $304,000 in October 2024, down 22.4% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $234K-
N/A
3 $550K$263K
-52.2%
4 -$345K
N/A
5+ --
N/A

Summary: Orange Cove housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 52.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Orange Cove, CA

How many homes are available in Orange Cove, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The Orange Cove real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 45
+25.0%
4 24
+100.0%
5+ 00
0.0%

Summary: The Orange Cove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange Cove, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Orange Cove in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Orange Cove, CA

How long does it take to sell a home in Orange Cove, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
128 Days9 Days-93.0%

Summary: Homes in Orange Cove had an average of 9 days on market in Oct 2024, down by 93% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Orange Cove; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 16 Days Ago

Newest Listings in Orange Cove, CA

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