42Alpha

Orange County, CA Housing Market Brief

county · CA · as of May 2026

Balanced

What is Orange County, CA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+1.262
Inventory Health25%
-4.751
Affordability20%
1
Economic Strength20%
-1.864
Rental Yield15%
29

Where is Orange County, CA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Orange County, CA is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Orange County, CA housing market data

MetricValueYoY
Median Sale Price$1.3M▲ +5%
Median Days on Market38 days▲ +8.6%
Months of Supply3.0-14.3%
Homes for Sale5,416-16.6%
Homes Sold1,830-1.3%
Median Price / Sq Ft$694▲ +1%
Sale-to-List Ratio99.8%0%

How has Orange County, CA’s Alpha Score moved?

Now: 42
3-period trend
Median sale price · 12 mo

Markets like Orange County, CA

Frequently asked questions

Is Orange County, CA a buyer's or seller's market?

As of May 2026, Orange County, CA is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Orange County, CA?

The median sale price in Orange County, CA is $1.3M, having risen 5% over the past year.

How affordable is Orange County, CA?

Orange County, CA scores 1 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Orange County, CA's Alpha Score?

Orange County, CA's strongest dimension is Economic Strength (64/100) and its weakest is Affordability (1/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Orange County, CA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.