Is Orange County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Orange County, IN

How much do homes in Orange County, IN cost?

Median Sold Price

$225,000

$142/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$66,500(+42.0%)

Key Takeaway

Homes in Orange County have sold for 42% more than they did a month ago.

Summary: The median home sold price in Orange County was $225,000 in November 2024, up 42% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $180K-
N/A
2 $96.5K$150K
+55.4%
3 $163.9K$225K
+37.3%
4 -$250K
N/A
5+ -$469K
N/A

Summary: Orange County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.4%, 3 bedroom homes increased by 37.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Orange County
+42.0%
Lawrence County
-9.3%

Housing Supply in Orange County, IN

How many homes are available in Orange County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5755-3.5%

Summary: The Orange County real estate market had 55 homes for sale in November 2024, a 3.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 117
-36.4%
3 2627
+3.8%
4 1314
+7.7%
5+ 35
+66.7%

Summary: The Orange County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orange County, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Orange County in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.

Days on Market for Orange County, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Orange County, IN

Nearby Markets to Orange County, IN

What housing markets are near Orange County, IN?