$1,663 Closing Credit*
$140,000
1,400 SqFt
3 Beds
•2 Full Baths
DEBORAH FREEMAN, Listing Office: FREEMAN PROPERTIES GROUP -- 9006929
Is Orange County, 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 County was a Seller's Market.
Key Takeaway
Orange County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Orange County, TX
How much do homes in Orange County, TX cost?
Median Sold Price
$239,480
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$42(0%)
Key Takeaway
The sold price of homes in Orange County has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26K | $55K | +111.5% |
| 2 Bedrooms | $112.4K | $114.9K | +2.2% |
| 3 Bedrooms | $229K | $222.2K | -2.9% |
| 4 Bedrooms | $280.4K | $285K | +1.6% |
| 5+ Bedrooms | $347.4K | $219.7K | -36.8% |
Summary: Orange County 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 increased by 2.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 36.8%.
Median Sold Price Compared To Nearby Counties
| Hardin County | $257K | $268K | +4.3% |
| Jefferson County | $200K | $205K | +2.5% |
| Orange County | $239.5K | $239.4K | 0% |
Housing Supply in Orange County, TX
How many homes are available in Orange County, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 133 | 142 | +6.8% |
Summary: The Orange County real estate market had 142 homes for sale in November 2024, a 6.8% 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 | 11 | 15 | +36.4% |
| 3 Bedrooms | 74 | 88 | +18.9% |
| 4 Bedrooms | 39 | 30 | -23.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Orange County 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 36.4%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 10 | -47.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange County, you may be able to get a good deal. 60% 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 47.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Orange County, TX
How long does it take to sell a home in Orange County, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 85 Days | +49.0% |
Summary: Homes in Orange County had an average of 85 days on market in Nov 2024, up by 49% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Orange County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in Orange County; 40% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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