$3,206 Closing Credit*
$270,000
1,550 SqFt
3 Beds
•2 Full Baths
Heather Friend, Listing Office: RE/MAX ONE
Is Orange, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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, TX
How much do homes in Orange, TX cost?
Median Sold Price
$255,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,070(+9.0%)
Key Takeaway
Homes in Orange have sold for 9% more than they did a year ago.
Summary: The median home sold price in Orange was $255,000 in November 2024, up 9% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26K | $55K | +111.5% |
| 2 Bedrooms | $115K | $72K | -37.4% |
| 3 Bedrooms | $213.4K | $240K | +12.4% |
| 4 Bedrooms | $281.7K | $285.4K | +1.3% |
| 5+ Bedrooms | $364.9K | $245K | -32.9% |
Summary: Orange housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.5%, 2 bedroom homes decreased by 37.4%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 32.9%.
Median Sold Price Compared To Nearby Cities
| Orange | $233.9K | $255K | +9.0% |
| Pinehurst | $420K | $408K | -2.9% |
Housing Supply in Orange, TX
How many homes are available in Orange, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 80 | +3.9% |
Summary: The Orange real estate market had 80 homes for sale in November 2024, a 3.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 36 | 42 | +16.7% |
| 4 Bedrooms | 25 | 19 | -24.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Orange housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were 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 may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Orange in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Orange, TX
How long does it take to sell a home in Orange, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 120 Days | +104.0% |
Summary: Homes in Orange had an average of 120 days on market in Nov 2024, up by 104% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Orange are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Orange; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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