Orange County, NC Home Values & Market Trends

The median home price in Orange County, NC is $499,831.89. There were 1,811 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 $406,000. The number of current listings in Orange County, NC is 211, and the percentage of properties for sale is 211.00%. The county has 9 foreclosures, 0 bank owned properties, 4 headed for auction, and 211 properties for sale.

Orange County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Chapel Hill

$ 748,000

$ 269/sqft

Efland

$ 360,896

$ 217/sqft

Hillsborough

$ 515,000

$ 233/sqft

Cedar Grove

$ 391,688

$ 198/sqft

Carrboro

$ 395,000

$ 288/sqft

Housing Market Summary for Orange County, NC

Mar 2023February 2024Change
Median Listing Price$499.9K$480K-3.98%
Median Sold Price$425K$480K12.93%
Homes For Sale12120166.12%
Homes Sold945878-7.09%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Orange County, NC

Orange County, NC home values range from $21,636 to $64,620,391. Chapel Hill is the priciest city with a median listing home price of $745,000, and Cedar Grove is most affordable with average house prices of around $322,000.

Foreclosure
There are 5 cities within Orange County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $583,052 in Chapel Hill to the lowest value of $169,441 in Chapel Hill. Foreclosure homes account for 0.00% of properties in Orange County, NC with Chapel Hill containing 5 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 $583,052 in Chapel Hill to the lowest home value of $263,873 in Efland.
  • Bank Owned
    The 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.
  • Auctions
    Chapel Hill has 3 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 $353,610 in Hillsborough to the lowest value of $169,441 in Hillsborough.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Orange County, NC with Chapel Hill containing 205 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Orange County, NC; homes for sale in those cities, have a range of median values from $1,185,000 in Carrboro to the lowest value of $51,919 in Hillsborough.
    Sold Homes
    The median value for recently sold homes ranges from $892,938 in Carrboro to the lowest price of $21,084 in Carrboro. There are 5 cities within Orange County, NC. Chapel Hill has 635 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.82% of properties in Orange County, NC.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Orange County, NC
      $
      $

      Guide for Orange County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      California
      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Recently Listed Homes Orange County, NC

      No data to show