$2,909 Closing Credit*
$245,000
1,171 SqFt
4 Beds
•1 Full Bath
#73313077, Liza Hurlburt Melo, Listing Office: Four Columns Realty, LLC
Is Orange, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Orange was a Neutral Market.
Key Takeaway
Orange is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orange, MA
How much do homes in Orange, MA cost?
Median Sold Price
$299,450
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,450(+8.9%)
Key Takeaway
Homes in Orange have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Orange was $299,450 in October 2024, up 8.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $311K | $183K | -41.2% |
| 2 Bedrooms | $277.4K | $265K | -4.5% |
| 3 Bedrooms | $282.5K | $310K | +9.7% |
| 4 Bedrooms | $282.2K | $277.7K | -1.6% |
| 5+ Bedrooms | $245K | $330K | +34.7% |
Summary: Orange housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.2%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 34.7%.
Median Sold Price Compared To Nearby Cities
| Athol | $289.5K | $332.5K | +14.9% |
| Orange | $275K | $299.4K | +8.9% |
Housing Supply in Orange, MA
How many homes are available in Orange, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The Orange real estate market had 37 homes for sale in October 2024, a 7.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
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 decreased by 12.5%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Orange in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 17 Days | -78.0% |
Summary: Homes in Orange had an average of 17 days on market in Oct 2024, down by 78% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orange are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Orange; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
