Orange, CT 06477 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Orange, CT—06477

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$641,000

1.7% YoY Growth

Household Income

$146,000

24.2% YoY Growth

Days on Market

32.0% Longer YoY

Home Price Forecast

2.5%

Median Rent

$3,200

13.2% YoY Growth

1-Bed Rent

$2,250

N/A

2-Bed Rent

N/A

3-Bed Rent

$4,100

60.8% YoY Growth

Home Price Trends — Orange, CT

As of May '26, the median home price in Orange, CT is $641,000, with a year-over-year change of 1.7%. This indicates that home prices in Orange, CT are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$641,000	1.7%
Single Family	$644,000	1.6%
Condos	$551,000	-0.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.9%

1 Bedroom

44.4%

2 Bedrooms

16.7%

3 Bedrooms

27.5%

4 Bedrooms

5.5%

Property Listings — Orange, CT

As of May '26, Realtor.com reports that the median days on market for a home in Orange, CT is 15. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$710,000	4.0%
Listing Count	29	-32.0%
Listings as % of Homes	0.4%	-32.0%
Days on Market	15	32.0%

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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%

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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%

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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%

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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

Orange, CT—06477

Key Metrics at a Glance

Home Price Trends — Orange, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Orange, CT

% of Rental Stock

Property Listings — Orange, CT

Demographics — Orange, CT

Race and Ethnicity

Mortgage and Risk — Orange, CT

Mortgages

Rentals and Section 8 — Orange, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Orange, CT

Home Price to Income Ratio

Orange, CT — ZIP Code Boundary Map

Nearby ZIP Codes

West Haven, CT

Milford, CT

Derby, CT

Milford, CT

New Haven, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$641,000
Median Household Income	$146,000

Orange, CT—06477

Key Metrics at a Glance

Home Price Trends — Orange, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Orange, CT

% of Rental Stock

Property Listings — Orange, CT

Demographics — Orange, CT

Race and Ethnicity

Mortgage and Risk — Orange, CT

Mortgages

Rentals and Section 8 — Orange, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Orange, CT

Home Price to Income Ratio

Orange, CT — ZIP Code Boundary Map

Nearby ZIP Codes

West Haven, CT

Milford, CT

Derby, CT

Milford, CT

New Haven, CT

Frequently Asked Questions

What is the average home price in Orange, CT 06477?

How have home prices in Orange, CT 06477 changed over the past year?

What is the home price projection for Orange, CT 06477?

What are the demographics of Orange, CT 06477?

How long does it take homes to sell in Orange, CT 06477?

What is the average rent price in Orange, CT 06477?