Orange, CA—92866
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Orange, CA
As of Oct '25, the median home price in Orange, CA is $1,092,000, with a year-over-year change of 1.3%. This indicates that home prices in Orange, CA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,092,000 | 1.3% |
| Single Family | $1,131,000 | 0.7% |
| Condos | $624,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $540,000 | -1.6% |
2 Bed | $983,000 | 1.7% |
3 Bed | $1,128,000 | 0.4% |
4 Bed | $1,217,000 | 0.7% |
| 5 Bed | $1,345,000 | -0.1% |
% of Housing Stock
Rental Trends — Orange, CA
As of July '25, Rentcast reports the average rent in Orange, CA is $3,880, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Orange, CA is 1-bedrooms: $2,060, 2-bedrooms: $3,210, 3-bedrooms: $4,600, 4-bedrooms: $5,500. The most common rental property sizes in Orange, CA are 2-bedroom and 1-bedroom, accounting for 45.4% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,060 |
| 2 Bed Rent | $3,190 | $3,210 |
| 3 Bed Rent | $4,500 | $4,600 |
| 4 Bed Rent | $5,200 | $5,500 |
% of Rental Stock
Property Listings — Orange, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Orange, CA is 51. This is a decrease of -21.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,190,000 | 2.0% |
Listing Count | 15 | -26.0% |
| Listings as % of Homes | 0.2% | -26.0% |
Days on Market | 51 | -21.0% |
Demographics — Orange, CA
As of the latest ACS Survey released in 2023, Orange, CA has a population of 14,800, which has decreased by -1.6% over the past 5 years. Orange, CA is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,800 | -1.6% |
% Under 18 | 18.4% | 1.1% |
% Seniors | 13.3% | -1.5% |
% WFH | 12.7% | 139.6% |
% w/ College Degree | 30.9% | -10.2% |
As of the latest ACS Survey released in 2023, Orange, CA is a predominantly white area, with 49.8% of the population identifying as white. The white population has shrunk by 19.3% in the last 5 years. The second most common race or ethnicity in Orange, CA is hispanic, making up 35.8% of the population. Foreign-born residents account for 19.1% of the population in Orange, CA, and this percentage has increased by 17.2% 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 | 49.8% | -19.3% |
% Black | 0.4% | -55.6% |
% Hispanic | 35.8% | 14.0% |
% Asian | 7.0% | 59.1% |
% Foreign Born | 19.1% | 17.2% |
Mortgage and Risk — Orange, CA
According to HUD data as of 2023, there were 97 mortgage originations in Orange, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 43.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Orange, CA. Investor activity is low, as 6.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Orange, CA
As of 2024, the percent of homes in Orange, CA under the Section 8 program is 5.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Orange, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 210 |
Total Units Section 8 | 210 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 88.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $2,200 | $2,110 |
| 2 Bedroom | -$680 | $3,190 | $2,510 |
| 3 Bedroom | -$1,100 | $4,500 | $3,400 |
| 4 Bedroom | -$1,170 | $5,200 | $4,030 |
Affordability — Orange, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.3 |
| Median Home Price | $1,092,000 |
| Median Household Income | $83,800 |