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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Orange, MA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Orange, MA Housing Market Trends

With 7,558 people, 3,006 houses or apartments, and a median cost of homes of $265,336, Orange real estate values are some of the lowest in Massachusetts, although compared to real estate around the nation, Orange homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Orange, accounting for 60.99% of the town's housing units. Other types of housing that are prevalent in Orange include duplexes, homes converted to apartments or other small apartment buildings ( 16.80%), large apartment complexes or high rise apartments ( 14.77%), and a few mobile homes or trailers ( 6.62%).

Dwellings in Orange tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 47.05% of the homes in Orange have two or fewer bedrooms.

The housing in Orange was primarily built before 1939 ( 36.21%), making the housing stock in Orange some of the oldest overall in America, although there is a range of ages of homes in Orange. The next most important housing age is between 1970-1999 ( 29.27%), followed by between 1940-1969 ( 24.54%). There's also some housing in Orange built between 2000 and later ( 9.98%).

Vacant housing appears to be an issue in Orange. Fully 11.22% of the housing stock is classified as vacant. Left unchecked, vacant Orange homes and apartments can be a drag on the real estate market, holding Orange real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Orange Home Appreciation Rates

Appreciation rates for homes in Orange have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 94.80%, which ranks in the top 40% nationwide. This equates to an annual average Orange house appreciation rate of 6.90%.

NeighborhoodScout's data show that during the latest twelve months, Orange's appreciation rate, at 6.30%, has been at or slightly above the national average. In the latest quarter, Orange's appreciation rate has been 3.19%, which annualizes to a rate of 13.40%.

Importantly, this makes Orange one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Massachusetts, our data show that Orange's latest annual appreciation rate is higher than 50% of the other cities and towns in Massachusetts.

Average Home Values

Median Home Value

$265,336

Orange, MA Home Prices
> $1,288,000
$966,001 - $1,288,000
$644,001 - $966,000
$515,001 - $644,000
$386,001 - $515,000
$257,001 - $386,000
$129,001 - $257,000
$64,001 - $129,000
$0 - $64,000
0.4%
0.4%
0.0%
0.0%
2.4%
2.4%
3.4%
3.4%
13.0%
13.0%
34.2%
34.2%
37.5%
37.5%
5.2%
5.2%
3.9%
3.9%
0% 100.0%
% of Homes
Very Low

for Massachusetts

Average

for nation

Number of Homes And Apartments:

3,006

Orange Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,624 / per month

Homeownership Rate

Owners
Renters
70.4%
70.4%
29.6%
29.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.2%
11.2%
88.8%
88.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.0%
10.0%
29.3%
29.3%
24.5%
24.5%
36.2%
36.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.0%
61.0%
0.8%
0.8%
16.8%
16.8%
14.8%
14.8%
6.6%
6.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.4%
0.4%
16.5%
16.5%
30.1%
30.1%
33.2%
33.2%
12.6%
12.6%
7.2%
7.2%
0% 100.0%
% of Homes