Market Overview
Home Prices in Orange, NJ
The median home value in Orange, NJ is $473,004 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Orange are priced15% above average. Orange is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Orange home values have risen by approximately28.4%, reflecting strong long-term appreciation in this market.
Price History
Orange Home Price Trend
City Comparison
Orange vs. National Median
At $473,004, homes in Orange cost 15% above the national median of $410,000. Buyers in Orange should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Orange?
20% Down Payment
$94,601
on $473,004
Monthly P&I
$2,467/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,133/mo
incl. taxes & insurance
Income Needed
$125,320
gross annual (30% rule)
10% Down Option
$47,300
+ PMI applies
Loan Amount (20% dn)
$378,403
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Orange, NJ?
The median home value in Orange is $473,004 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Orange?
Over the past year, home values in Orange have decreased by 1.1%. Over five years, prices have risen approximately 28.4%.
How much do I need to earn to buy a home in Orange?
To comfortably afford the median home price of $473,004 with a 20% down payment ($94,601) at today's rates (6.8%), you'd need a gross annual income of approximately $125,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Orange compare to the national average home price?
The national median home value is approximately $410,000. At $473,004, homes in Orange are 15% above the national average.
What metro area is Orange part of?
Orange is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.