$846 Closing Credit*
$71,249
1,571 SqFt
3 Beds
•2 Full Baths
Chet Polniazek, Listing Office: 1st Texas Realty Services
Is Orange County, TX 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 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
$222,200
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,800(-3.0%)
Key Takeaway
Homes in Orange County have sold for 3% less than they did a year ago.
Summary: The median home sold price in Orange County was $222,200 in October 2024, down 3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.9K | $40.5K | -15.6% |
| 2 Bedrooms | $110K | $114.9K | +4.5% |
| 3 Bedrooms | $213.4K | $185K | -13.3% |
| 4 Bedrooms | $277.4K | $285K | +2.7% |
| 5+ Bedrooms | $347.4K | $194.4K | -44.1% |
Summary: Orange County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 44.1%.
Median Sold Price Compared To Nearby Counties
| Hardin County | $257K | $271K | +5.4% |
| Jefferson County | $195K | $200K | +2.6% |
| Orange County | $229K | $222.2K | -3.0% |
Housing Supply in Orange County, TX
How many homes are available in Orange County, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 143 | 149 | +4.2% |
Summary: The Orange County real estate market had 149 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 79 | 83 | +5.1% |
| 4 Bedrooms | 42 | 42 | 0.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Orange County 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 increased by 27.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 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. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Orange County in October 2024, down by 13.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 50 Days | -40.6% |
Summary: Homes in Orange County had an average of 50 days on market in Oct 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orange County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Orange County; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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