Orange, CT—06477
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Orange, CT
As of Oct '25, the median home price in Orange, CT is $622,000, with a year-over-year change of 6.8%. This indicates that home prices in Orange, CT are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $622,000 | 6.8% |
| Single Family | $624,000 | 6.7% |
| Condos | $556,000 | 7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $489,000 | 7.7% |
3 Bed | $593,000 | 6.7% |
4 Bed | $721,000 | 7.3% |
| 5 Bed | $822,000 | 7.2% |
% of Housing Stock
Rental Trends — Orange, CT
As of July '25, Rentcast reports the average rent in Orange, CT is $3,430, with a year-over-year rent change of 13.2%. Per bedroom, the median rent as of July '25 in Orange, CT is 1-bedrooms: $2,390, 3-bedrooms: $4,100, 4-bedrooms: $3,900. The most common rental property sizes in Orange, CT are 1-bedroom and 3-bedroom, accounting for 44.4% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,250 | $2,390 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $4,100 | $4,100 |
| 4 Bed Rent | $4,000 | $3,900 |
% of Rental Stock
Property Listings — Orange, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Orange, CT is 42. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $673,000 | 11.0% |
Listing Count | 37 | -11.0% |
| Listings as % of Homes | 0.4% | -11.0% |
Days on Market | 42 | -11.0% |
Demographics — Orange, CT
As of the latest ACS Survey released in 2023, Orange, CT has a population of 14,300, which has increased by 2.3% over the past 5 years. Orange, CT is a moderately popular place for families, as children make up 23.6% of the population. The area has a highly educated workforce, with 59.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | 2.3% |
% Under 18 | 23.6% | 10.8% |
% Seniors | 22.1% | 1.8% |
% WFH | 13.9% | 189.6% |
% w/ College Degree | 59.1% | 3.3% |
As of the latest ACS Survey released in 2023, Orange, CT is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Orange, CT is asian, making up 9.1% of the population. Foreign-born residents account for 14.2% of the population in Orange, CT, and this percentage has increased by 27.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.3% | -7.7% |
% Black | 4.4% | 131.6% |
% Hispanic | 3.6% | 80.0% |
% Asian | 9.1% | 23.0% |
% Foreign Born | 14.2% | 27.9% |
Mortgage and Risk — Orange, CT
According to HUD data as of 2023, there were 219 mortgage originations in Orange, CT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Orange, CT. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 219 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Orange, CT
Orange, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $2,250 | $2,060 |
| 2 Bedroom | N/A | N/A | $2,520 |
| 3 Bedroom | -$970 | $4,100 | $3,130 |
| 4 Bedroom | -$470 | $4,000 | $3,530 |
Affordability — Orange, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $622,000 |
| Median Household Income | $146,000 |