Housing Prices in Orange, NJ
How much do homes in Orange, NJ cost?
Median List Price
$450,000
$225/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Orange has increased by 25% since last year.
Summary: The median home list price in Orange was $450,000 in May 2024, up 25% from the previous year, and the median price per square foot was $225.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $244.5K | +63.0% |
| 2 Bedrooms | $275K | $235K | -14.5% |
| 3 Bedrooms | $313.9K | $360K | +14.7% |
| 4 Bedrooms | $469.9K | $510K | +8.5% |
| 5+ Bedrooms | $511.9K | $550K | +7.4% |
Summary: Orange housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63%, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 7.4%.
Median List Price Compared To Nearby Cities
| Orange | $360K | $450K | +25.0% |
| City Of Orange Township | $362.4K | $450K | +24.2% |
| East Orange | $351.8K | $416.3K | +18.3% |
| West Orange Township | $526.5K | $575K | +9.2% |
| West Orange | $526.6K | $575K | +9.2% |
Housing Supply in Orange, NJ
How many homes are available in Orange, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 72 | 91 | +26.4% |
Summary: The Orange real estate market had 91 homes for sale in May 2024, a 26.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 22 | 20 | -9.1% |
| 4 Bedrooms | 14 | 17 | +21.4% |
| 5+ Bedrooms | 31 | 46 | +48.4% |
Summary: The Orange housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 48.4%.
Days on Market for Orange, NJ
How long does it take to sell a home in Orange, NJ?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 147 Days | 99 Days | -32.5% |
Summary: Homes in Orange had an average listing age of 99 days in May 2024, down by 32.5% compared to the previous year.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.