January's First-Time Homebuyer Report for Orange

Orange is a city in California. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $68,516 per household and cost of living adjustment score of 155.1. 92867, 92869, and 92868 are its three most populated zip codes. With a median age of 38 years, homes in Orange tend to be relatively old. Topping the list of best schools in the city is Chapman Hills Elementary School.

Price Range

Homes in Orange are generally more expensive than others in the state with a median home value of $424,500 and an average list price of $716,522. The Orange market slowed with a 13.8% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 96.2 monthly average with 75 homes sold.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Orange:

$2.7M   $599K   $699K  

Typical Dwelling

The typical dwelling in Orange is a four-bedroom detached home worth about $776,895. To purchase a similar home, a buyer with good credit and a $155,379 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,886 monthly payment. The property tax rate is $7.36 per $1,000 of taxable assessed value.

Get started right now by checking out Orange homes for sale or reviewing Orange real estate trends.


Data reported through 1/12/2017

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