Orange County, NC Home Values & Market Trends
The median home price in Orange County, NC is $497,335.18. There were 1,784 home sales in Orange County, NC over the past 12 months. The median residential Orange County, NC home value for transactions over the previous year is $410,000. The number of current listings in Orange County, NC is 282, and the percentage of properties for sale is 282.00%. The county has 10 foreclosures, 0 bank owned properties, 4 headed for auction, and 282 properties for sale.
Orange County, NC Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Chapel Hill | $ 720,135 $ 267/sqft | Efland | $ 487,601 $ 189/sqft |
Hillsborough | $ 475,062 $ 253/sqft | Cedar Grove | $ 505,719 $ 227/sqft |
Carrboro | $ 455,965 $ 281/sqft |
Housing Market Summary for Orange County, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $525K | $455.5K | -13.24% |
Median Sold Price | $435.4K | $455.5K | 4.63% |
Homes For Sale | 155 | 204 | 31.61% |
Homes Sold | 843 | 607 | -28.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Orange County, NC
Browse Homes in Orange County, NC
Orange County, NC home values range from $21,132 to $62,700,427. Chapel Hill is the priciest city with a median listing home price of $727,000, and Efland is most affordable with average house prices of around $419,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Orange County, NC with Hillsborough containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Orange County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $598,537 in Chapel Hill to the lowest home value of $265,961 in Efland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Orange County, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Orange County, NC. There are 5 cities within Orange County, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsChapel Hill has 4 auction properties, the highest number of properties going to auction in a single city in the state of Orange County, NC. Auction homes and other auction properties account for 0.01% of all properties in Orange County, NC. There are 5 cities within Orange County, NC; of those cities, the median estimated home value for homes going to auction ranges from $350,963 in Chapel Hill to the lowest value of $175,916 in Chapel Hill.
Compare Nearby Cities
More Real Estate Resources for Orange County, NC
Guide for Orange County, NC
North Carolina Foreclosure Laws
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