What the Pros Know
Market Snapshot
Zip Code 27516 | Orange County, NC
44,697
Population
YoY
202236.1
Median Age
YoY
2022$94,354
Median Household Income
YoY
2022$775,000
Median Sale Price
3.7% MoM
8.6% YoY
7/2024148
Homes Sold
2.8% MoM
5.1% YoY
7/20240.6
Months Inventory
3.9% MoM
27.1% YoY
7/202415
Days on Market
300 MoM
1600 YoY
7/202488
Listings
3.5% MoM
20.5% YoY
7/2024101.3%
Sale Price to List Price
0.4% MoM
2.3% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.