$6,530 Closing Credit*
$549,900
1,948 SqFt
3 Beds
•3 Full Baths
Carolyn Augur, Listing Office: Coldwell Banker Realty
Is Orange, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$559,950
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,950(+6.7%)
Key Takeaway
Homes in Orange have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Orange was $559,950 in November 2024, up 6.7% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $400K | +14.3% |
| 2 Bedrooms | $425K | $392.5K | -7.6% |
| 3 Bedrooms | $525K | $557K | +6.1% |
| 4 Bedrooms | $600K | $655K | +9.2% |
| 5+ Bedrooms | $665K | $1.4M | +114.3% |
Summary: Orange housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 114.3%.
Median Sold Price Compared To Nearby Cities
| Derby | $285.5K | $341.7K | +19.7% |
| West Haven | $300K | $344.5K | +14.8% |
| New Haven | $308.3K | $339.8K | +10.2% |
| Milford | $421K | $458.5K | +8.9% |
| Orange | $525K | $559.9K | +6.7% |
Housing Supply in Orange, CT
How many homes are available in Orange, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Summary: The Orange real estate market had 43 homes for sale in November 2024, a 12.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Orange housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Orange in November 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% 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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