Orange, CA—92868
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 $875,000, with a year-over-year change of -0.4%. This indicates that home prices in Orange, CA are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $875,000 | -0.4% |
| Single Family | $912,000 | -0.9% |
| Condos | $558,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $401,000 | -2.4% |
2 Bed | $685,000 | -0.6% |
3 Bed | $907,000 | -1.5% |
4 Bed | $1,015,000 | -1.1% |
| 5 Bed | $1,121,000 | -1.4% |
% of Housing Stock
Rental Trends — Orange, CA
As of July '25, Rentcast reports the average rent in Orange, CA is $3,070, with a year-over-year rent change of -1.0%. Per bedroom, the median rent as of July '25 in Orange, CA is studios: $2,360, 1-bedrooms: $2,640, 2-bedrooms: $3,280, 3-bedrooms: $3,890, 4-bedrooms: $3,580. The most common rental property sizes in Orange, CA are 2-bedroom and 1-bedroom, accounting for 50.4% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,040 | $3,070 |
| Studio Rent | $2,440 | $2,360 |
| 1 Bed Rent | $2,640 | $2,640 |
| 2 Bed Rent | $3,220 | $3,280 |
| 3 Bed Rent | $4,000 | $3,890 |
| 4 Bed Rent | $4,650 | $3,580 |
% 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 74. This is a increase of 21.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $966,000 | -7.0% |
Listing Count | 28 | 85.0% |
| Listings as % of Homes | 0.1% | 85.0% |
Days on Market | 74 | 21.0% |
Demographics — Orange, CA
As of the latest ACS Survey released in 2023, Orange, CA has a population of 27,400, which has decreased by -1.1% over the past 5 years. Orange, CA is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 35.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | -1.1% |
% Under 18 | 18.9% | -7.4% |
% Seniors | 11.7% | 20.6% |
% WFH | 15.5% | 453.6% |
% w/ College Degree | 35.6% | 30.9% |
As of the latest ACS Survey released in 2023, Orange, CA is a predominantly hispanic area, with 51.3% of the population identifying as hispanic. The hispanic population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Orange, CA is white, making up 25.2% of the population. Foreign-born residents account for 24.5% of the population in Orange, CA, and this percentage has decreased by 9.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 25.2% | -17.1% |
% Black | 2.8% | -26.3% |
% Hispanic | 51.3% | 2.2% |
% Asian | 16.2% | 21.8% |
% Foreign Born | 24.5% | -9.9% |
Mortgage and Risk — Orange, CA
According to HUD data as of 2023, there were 128 mortgage originations in Orange, CA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Orange, CA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 128 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Orange, CA
As of 2024, the percent of homes in Orange, CA under the Section 8 program is 9.2%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Orange, CA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 562 |
Total Units Section 8 | 562 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$180 | $2,640 | $2,460 |
| 2 Bedroom | -$310 | $3,220 | $2,910 |
| 3 Bedroom | -$60 | $4,000 | $3,940 |
| 4 Bedroom | $50 | $4,650 | $4,700 |
Affordability — Orange, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $875,000 |
| Median Household Income | $89,000 |