$7,125 Closing Credit*
$599,999
1,614 SqFt
3 Beds
•2 Full Baths, 1 Partial
Leslie Terres, Listing Office: West Shore Realty
Is Orange, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Orange has remained a Seller's Market.
Key Takeaway
Orange is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orange, CT
How much do homes in Orange, CT cost?
Median Sold Price
$565,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+7.6%)
Key Takeaway
Homes in Orange have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Orange was $565,000 in October 2024, up 7.6% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $400K | +14.3% |
| 2 Bedrooms | $427.5K | $392.5K | -8.2% |
| 3 Bedrooms | $525K | $555K | +5.7% |
| 4 Bedrooms | $562.4K | $652.5K | +16.0% |
| 5+ Bedrooms | $665K | $1.1M | +74.2% |
Summary: Orange housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 74.2%.
Median Sold Price Compared To Nearby Cities
| Derby | $280K | $345K | +23.2% |
| West Haven | $295K | $350K | +18.6% |
| New Haven | $300.1K | $336.7K | +12.2% |
| Milford | $415.8K | $449.8K | +8.2% |
| Orange | $525K | $565K | +7.6% |
Housing Supply in Orange, CT
How many homes are available in Orange, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 50 | +8.7% |
Summary: The Orange real estate market had 50 homes for sale in October 2024, a 8.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Orange 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 increased by 50%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Orange, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Orange in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for Orange, CT
We’re sorry, we don't have information for this market at the moment
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