The housing market in 92868 Orange, CA is very positive in the current climate. The median value of a house in this area stands at $763,800, which is much higher than the US median house value of $338,100. This is reflected in the 1 year appreciation rate for homes in the area, which stands at 10.89%, significantly higher than the US average appreciation rate of 8.27%. Therefore it can be said that investing in real estate in 92868 Orange, CA is a safe and profitable option right now.
The median home cost in Orange (zip 92868) is $763,800. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Orange (zip 92868) is up 16.4%.
Average Age of Homes
- The median age of Orange (zip 92868) real estate is 43 years old
The Rental Market in Orange (zip 92868)
- Renters make up 61.4% of the Orange (zip 92868) population
- 3.7% of houses and apartments in Orange (zip 92868), 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.