Orange County, Indiana Housing Market Prices
Orange County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 72% below the Indiana median Cheaper than 92% of counties in Indiana$40,000
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Median rent 20% below the Indiana median$854
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Orange County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $40,000 | $142,738 | $248,835 |
| Price Trend (Annual %) | -4.9% | 7.2% | 7.5% |
| Median Gross Rent | $854 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 5.1% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Orange County is about 72% lower than in Indiana. Rent is about 20% lower than the Indiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Orange County: home prices fell about 4.9% a year while rent rose about 5.1% a year. That is an unusual pattern worth watching.
Median rent in Orange County rose about 47.4% between 2015 and 2024, from $579 to $854. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 0.6 yearly household incomes in Orange County.
Buying the median-priced home in Orange County costs roughly 3.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Orange County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Orange County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $40,000 | $142,738 | $248,835 |
| Median Household Income | $66,028 | $71,967 | $80,455 |
| Price-to-Income Ratio | 0.6 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Orange County fell about 52.4%, while median household income rose about 67.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Orange County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.9% | 64.4% | 58.5% |
| Rental Rate | 18.7% | 26.9% | 31.2% |
| Vacancy Rate | 12.4% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Orange County has a homeownership rate of 68.9%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 12.4%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Orange County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.45 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1979 | 1975 | 1978 |
| Median Number of Rooms | 5.6 | 5.9 | 5.5 |
The typical housing unit in Orange County was built around 1979. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Orange County, IN Housing Compared With Nearby Counties
Orange County, IN is typical in size for this group, 19,767 residents against a local median of 19,355, so the measures below are close to a like for like comparison. Where Orange County, IN breaks from the counties next to it is median home price, sitting 67% below the local median of $122,794 at $40,000.
Median rent tells the same story from another angle: $854 against a local median of $737, 16% above it. The counties themselves spread $104,053 on median home price, so Orange County, IN sits at one end of an already wide local range rather than apart from it. Orange County, IN has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Orange County, IN | 19,767 | $40,000 #5/5 | $854 #1/5 | 78.7% #4/5 |
| Crawford County, IN | 10,499 | $163,571 | $686 | 81.3% |
| Lawrence County, IN | 45,100 | $103,779 | $844 | 80.7% |
| Martin County, IN | 9,829 | $59,518 | $696 | 78.5% |
| Washington County, IN | 28,212 | $141,810 | $779 | 82.1% |
Frequently Asked Questions
Common questions about the housing market in Orange County, Indiana.
What is the median home price in Orange County, Indiana?
The median home price in Orange County, Indiana is $40,000, lower than the Indiana average of $142,738.
What is the average home price in Orange County, Indiana?
The typical home price in Orange County, Indiana, reported as the median sale price, is $40,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Orange County, Indiana?
The median gross rent in Orange County, Indiana is $854 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Orange County in 2020?
In 2020, the median gross rent in Orange County, Indiana was $633 per month.
What is the price-to-rent ratio in Orange County, Indiana?
The price-to-rent ratio in Orange County, Indiana is about 3.9, meaning it would take roughly 3.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Orange County.
Are home prices or rent rising faster in Orange County, Indiana?
Home prices and rent are moving in opposite directions in Orange County: home prices fell about 4.9% a year while rent rose about 5.1% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Orange County, Indiana?
68.9% of households in Orange County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Orange County, Indiana?
The housing vacancy rate in Orange County, Indiana is 12.4%, higher than the Indiana average of 8.8%.
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