Orange County, NC Housing

The housing market in Orange, NC County is booming. The median value of real estate is much higher than the national average at $429,400 compared to the US median house value of $338,100. Even more impressive is the one year house appreciation rate, which stands at 15.10%, compared to the US one year appreciation rate of 8.27%. This means that buyers in Orange, NC County can expect to see their investment increase significantly faster than what they would experience elsewhere in the country.

The median home cost in Orange County is $429,400. Home appreciation the last 10 years has been 103.5%. Home Appreciation in Orange County is up 24.6%.

Average Age of Homes

- The median age of Orange County real estate is 31 years old

The Rental Market in Orange County

- Renters make up 36.4% of the Orange County population
- 1.8% of houses and apartments in Orange County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Orange, North Carolina	United States
	60,314.0	139,647,020.0
	33	42
	$429,400	$338,100
	24.6%	16.6%
	71.5%	57.0%
	103.5%	101.1%
	$11.13	$10.98
	$3,784	$2,690
	57.8%	57.4%
	9.2%	11.2%
	33.0%	31.4%
Vacant Housing
	1.8%	1.9%
	1.4%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.8%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	1.3%	2.4%
	1.3%	2.8%
	0.8%	3.9%
	1.5%	4.5%
	6.0%	11.3%
	9.4%	13.0%
	19.4%	20.1%
	18.7%	13.6%
	13.3%	8.3%
	16.5%	9.7%
	5.8%	3.9%
	2.4%	2.2%
	0.5%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	17.0%	13.6%
	17.0%	13.6%
	18.6%	13.6%
	17.5%	13.2%
	15.1%	14.8%
	18.6%	13.6%
	6.4%	10.0%
	2.0%	4.7%
	4.0%	12.2%

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