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Friday, November 8, 2024

Orange County home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Orange County rose by $50,000 while total sales increased by 5.8%.

From January through June of 2022, there were 12,862 homes sold, with a median sale price of $325,000 - an 18.2% increase over the $275,000 median sale price for the same period of the previous year. There were 12,154 homes sold in Orange County in the first half of 2021.

The median sales tax in Orange County for the most recent year with available data, 2019, was $2,064 approximately 0.6% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Orange County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$275000$275000$300100$300100$325000$325000

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