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West OC Times

Sunday, December 22, 2024

Orange County home prices rose in 2022

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The median sale price of a home sold in 2022 in Orange County rose by $135,000 while total sales decreased by 29.1%.

From January through December of 2022, there were 18,656 homes sold, with a median sale price of $1,150,000 - a 13.3% increase over the $1,015,000 median sale price for the same period of the previous year. There were 26,328 homes sold in Orange County in 2021.

The median sales tax in Orange County for the most recent year with available data, 2021, was $5,978 approximately 0.5% of the median home sale price for 2022.

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

20212022$1015000$1015000$1150000$1150000

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