Orange County, VA offers a wonderful opportunity to purchase a primary residence or a weekend home at a substantial discount from previous years.
The average sold price is up 13.75% from a year ago, and the number of homes on the market is about the same. Homes sell in an average of 114 days, which is 12.97% less time than last year. With prices rising and interest rates still low, the window of opportunity is becoming smaller if you’re looking for a great deal.
Whether you are looking for acreage, resort living a Lake of the Woods, or an attractive subdivision with custom homes, Orange County, located halfway between Fredericksburg and Culpeper, offers great value.
|Average Sold Price||$230,946||13.75%||6.03%|
|Average Days on Market||114||-12.9%||20%|
|New Pending Sales||46||-1.16%||-3.23%|
Information obtained from statistics supplied by Metropolitan Regional Information Systems, and analysis and comment by Pat Kline, Managing Broker, Avery Hess, Realtors, Fredericksburg Regional Office.