Is Orland, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orland is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Orland was a Seller's Market.

Key Takeaway

Orland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Orland, CA

How much do homes in Orland, CA cost?

Median Sold Price

$357,500

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,500(-5.9%)

Key Takeaway

Homes in Orland have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Orland was $357,500 in November 2024, down 5.9% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K-
N/A
2 $282.5K$272.5K
-3.5%
3 $380K$365K
-3.9%
4 $433.3K$442K
+2.0%
5+ $507.5K$650K
+28.1%

Summary: Orland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 28.1%.

Housing Supply in Orland, CA

How many homes are available in Orland, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4546+2.2%

Summary: The Orland real estate market had 46 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2727
0.0%
4 67
+16.7%
5+ 66
0.0%

Summary: The Orland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orland, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Orland in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Orland, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
41 Days16 Days-60.5%

Summary: Homes in Orland had an average of 16 days on market in Nov 2024, down by 60.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Orland; 83% of homes were sold within 30 days, 17% 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 2 Days Ago

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