June's First-Time Homebuyer Report for Orange County

With 3,010,232 residents, Orange County is the third-most populated county in California. Also, with 3,807.7 people per square mile, it ranks second in terms of density. Anaheim, Santa Ana, and Irvine are the three largest cities in terms of population. Keep in mind, most people in Orange County own their homes, with a 56.1% ownership ratio. Leading the list of top schools in the county are Jack L. Weaver Elementary School, Sierra Vista Middle School, and Esperanza High School.

Price Range

Homes in Orange County are generally more expensive than others in the state with a median home value of $466,900 and an average list price of $827,253. Newport Beach, 92694, and Laguna Beach have the least expensive homes in the county.

Typical Dwelling

The typical dwelling in Orange County is a four-bedroom detached home worth about $1,139,376. To purchase a similar home, a buyer with good credit and a $227,875 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,903 monthly payment. The property tax rate is $7.36 per $1,000 of taxable assessed value.

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

Data reported through 6/15/2017


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