Is Orange, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orange is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Orange, MA

How much do homes in Orange, MA cost?

Median Sold Price

$292,750

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,800(+4.9%)

Key Takeaway

Homes in Orange have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Orange was $292,750 in November 2024, up 4.9% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $311K$183K
-41.2%
2 $279.9K$263.5K
-5.9%
3 $288.7K$308K
+6.7%
4 $282K$277.7K
-1.5%
5+ $247.5K$345.5K
+39.6%

Summary: Orange housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.2%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 39.6%.

Median Sold Price Compared To Nearby Cities

Athol
+14.3%
Orange
+4.9%

Housing Supply in Orange, MA

How many homes are available in Orange, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3225-21.9%

Summary: The Orange real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 1512
-20.0%
4 89
+12.5%
5+ 31
-66.7%

Summary: The Orange 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 decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
112-81.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Orange in November 2024, down by 81.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Orange, MA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days19 Days-29.6%

Summary: Homes in Orange had an average of 19 days on market in Nov 2024, down by 29.6% compared to last year.

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 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Orange; 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 17 Days Ago

Newest Listings in Orange, MA

Nearby Markets to Orange, MA

What housing markets are near Orange, MA?