Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$188,637+3.5% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$40,892About 0.6× the local median income ($72,841): affordable for a typical household
Days on market66 daysFaster than a year ago: sellers have the edge
Next 12 months+1.9%Zillow expects prices to rise slightly
The typical home in Orange County, TX is worth $188,637, up 3.5% from a year ago. That is well below what local incomes have historically supported: fair value is about $212,316, so the area is 11.2% undervalued. It is a balanced market, leaning toward sellers: homes take about 66 days to sell, listings are down 18% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $40,892 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,841. Typical rent is $1,284 a month, or $1,484 for a house. In the latest IRS figures, 545 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$188,637
Change in 1 year
+3.5%
Overvalued %
−11.2%
Show 7 more
Fair home value
$212,316
Change in 5 years
−1.8%
Zillow forecast, next 12 months
+1.9%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$1,022
Income needed to afford it
$40,892
Property tax rate
1.24%
Rent and investing
Typical rent
$1,284
Typical rent for houses
$1,484
Price-to-rent ratio
12.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,218
Gross rental yield
8.17%
Cap rate (estimate)
5.31%
Market activity
Listings vs a year ago
−18.4%
Days on market
66
Listings with a price cut
15.8%
Show 3 more
Homes for sale
350
Pending sales per 100 listings
35
Asking price per sq ft
$125
People and jobs
Median household income
$72,841
Population change (1 year)
+0.3%
Unemployment rate
6.0%
Show 4 more
Population
86,266
Income adjusted for cost of living
$80,934
Net moves in (IRS)
+545
Cost of living (US = 100)
90.0
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
85.9
Unhealthy air days a year
0
Show 4 more
Flood risk score
80.2
Wildfire risk score
89.4
Walkability (1 to 20)
5.6
Road, rail and air noise
53 dB
Questions people ask
Is Orange County, TX overvalued?
Home prices in Orange County, TX are well below what local incomes have historically supported: fair value is about $212,316, so the area is 11.2% undervalued.
Is Orange County, TX a buyer's or seller's market?
Orange County, TX is a balanced market, leaning toward sellers: homes take about 66 days to sell, listings are down 18% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Orange County, TX?
Home values in Orange County, TX are up 3.5% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Orange County, TX?
A household needs about $40,892 a year to afford the typical home in Orange County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,841.