Housing in Orange, VA is thriving. The median value of homes in the area is $273,300, which is significantly lower than the US House median value of $338,100. However, home appreciation has seen a higher growth rate in Orange than what is seen nationally; with houses appreciating by 14.98% within one year compared to 8.27% throughout the US. This suggests that home buyers looking for a stable investment should consider purchasing property in this area.
The median home cost in Orange is $273,300. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Orange is up 14.9%.
Average Age of Homes
- The median age of Orange real estate is 45 years old
The Rental Market in Orange
- Renters make up 46.6% of the Orange population
- 0.0% of houses and apartments in Orange, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.