$7,719 Closing Credit*
$650,000
3,840 SqFt
6 Beds
•2 Full Baths, 1 Partial
Renee Beech, Listing Office: McDowell Homes Real Estate Services
Is Orange, OH 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, OH
How much do homes in Orange, OH cost?
Median Sold Price
$550,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,000(-4.7%)
Key Takeaway
Homes in Orange have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Orange was $550,000 in November 2024, down 4.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $411.2K | $394K | -4.2% |
| 3 Bedrooms | $420K | $520K | +23.8% |
| 4 Bedrooms | $652.1K | $600K | -8.0% |
| 5+ Bedrooms | $777.5K | $720K | -7.4% |
Summary: Orange housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Warrensville Heights | $108K | $139.4K | +29.1% |
| Pepper Pike | $630K | $725K | +15.1% |
| Orange | $577K | $550K | -4.7% |
| Beachwood | $410K | $377K | -8.0% |
Housing Supply in Orange, OH
How many homes are available in Orange, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Orange real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
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 33.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Orange in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Orange, OH
How long does it take to sell a home in Orange, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 29 Days | +28.1% |
Summary: Homes in Orange had an average of 29 days on market in Nov 2024, up by 28.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Orange has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Orange; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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