Orange, California, continues to attract buyers looking for historic character and strong schools in North Orange County. Here is what fellow agents should know about this market heading into 2026.
Current Market Conditions
Redfin data shows Orange home prices up 2.9 percent year over year, with a median sale price of $1.1 million. Properties are averaging 43 days on market, though competitive listings that generate multiple offers are going pending in roughly 32 days and selling about 2 percent above list price.
Zillow reports the average Orange home value at $982,548, with well-priced properties going pending in around 10 days. Chapman University economists forecast that mortgage rates will decline to 5.6 percent in 2026, which could spur increased activity as affordability improves.
Old Towne Orange Updates
The Old Towne Orange Historic District is California's most extensive National Register District. This one-square-mile area features more than 50 architectural styles from 1880 to 1940, making it a unique selling point for buyers seeking character homes.
A new paid parking system launches around the Orange Plaza in early 2026. Parking fees will range from $1.25 to $2 per hour between 9 AM and 6 PM. The Lemon Street parking structure at 130 N. Lemon Street will remain free, which is valuable information for clients visiting the area.
Economic and Demographic Context
Orange has a 2025 population of approximately 137,556, making it the 43rd largest city in California. The median household income is 116,945 dollars with an average household income of 152,879 dollars.
Chapman University's 2026 Economic Forecast projects 2 percent real GDP growth nationally. The education and health sector is expected to grow 3.8 percent, which bodes well for Orange given the proximity to Chapman University and UC Irvine Medical Center.
School District Information
Orange Unified School District serves approximately 26,000 PreK-12th grade students. OUSD students exceeded state averages on the 2024-25 CAASPP assessments in both English Language Arts and Mathematics. The district is exploring school consolidation proposals due to enrollment declines, with four campus pairings under consideration.
Why Buyers Choose Orange
The combination of historic charm, strong schools, and proximity to employment centers makes Orange attractive for families relocating to North Orange County. Disneyland Resort is just 20 minutes away, and John Wayne Airport is 20 minutes south. The 55, 57, and 22 freeways offer easy access throughout Orange County.
Wendy Rawley, REALTOR | DRE #01898824
The Wendy Rawley Team at Circa Properties
(714) 746-6355 | wendy@go2wendy.com
Serving Anaheim, Anaheim Hills, Brea, Fullerton, La Habra, Orange, Placentia, and Yorba Linda
This article is for informational purposes only and does not constitute legal, tax, or financial advice. Please consult with qualified professionals for guidance specific to your situation.
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