During this past month of June, the median rental price for a single family home in Orange was $3,043 and median sale price for a single family home in the city was $693,900. There were approximately 322 homes listed for sale in the city at the end of June, compared with 322 in May. During the last month, homes sold within 92867 days on the market and received 1 offers per sale on average.
City Housing Supply:
As of the end of 2017, the total count of existing housing units in the city was 45,719. Single family housing units make up the majority 67.66% of Orange's housing units, 30,933 units total. Multifamily units make up 29 percent, or approximately 13,564. As of last year, the average housing density (people per household) was 3.07, compared with the state average of 2.97. At the end of the period, about 1,605 of housing units in the city were unoccupied.
Regulations & Outlook:
The City has finalized updates to it's residential zoning code that fully comply with State Laws SB 1069 and AB 2299 which allow for Accessory Dwelling Units (ADUs) to be developed on most single family lots. More commonly referred to as “Granny Flats” and “In-Law Units”, in Orange as many as 18,250 homes may now be eligible to add some form of second dwelling unit. These laws are intended by The State to boost opportunities for housing production in cities in an effort to address the growing housing deficits local communities face accross The State. Typically secondary units are constructed by homeowners in backyards, converted garages and basements of single family residences. These new regulations could now allow individual homeowners to play a significant role to increase housing production in Orange over the coming years. Consider for example, if just one percent of eligible homeowners in Orange built an ADU each year, it would contribute an additional 912 units to the city's housing stock over the next five years and create hundreds of new local construction jobs.
Local News & Policy:
The city's latest residential zoning requirements for ADUs can be found on the Orange City Page using the link or search bar at the bottom of this report. Recently More information on the latest local policies and requirements for ADUs will be available as they are passed. Check back each month for the latest changes in Orange.
For homeowners and local developers who are interested in getting involved in the ADU movement locally in Orange, use Housable to get insights about the ADU housing development potential of specific properties. Housable provides zoning, permitting, estimation and design tools, many of them free of charge, to help homeowners at any step plan, permit and build their ADU projects. Use property design and calculation tools any time, get low cost insights about the ADU potetnial of your property and connect with local professionals who can help with the process when you're ready to get started. Stay up to date with the latest local trends in housing production and join the ADU movement to create more housing in Orange, one garage, basement, or backyard at a time.
About four percent of Orange County's housing units fall within the City of Orange's city limits. As shown in Table H-16, in 1990 the City of Orange had 38,018 housing units. By 2000, the City experienced a 10 percent increase in total number of housing units. By 2012, the DOF estimated 45,235 housing units in the City, accounting for an 8 percent increase in total number of housing units since 2000.
As shown in Table H-17, as of 2011, 44.2 percent of renter-occupied units were two-bedroom units. The second largest segment of renter-occupied units was one-bedroom units accounting for 25.6 percent of total housing units. Approximately 41 percent of owner-occupied units had three bedrooms and 34.8 percent had four bedrooms.
As of 2011, 62.4 percent of the City's housing units were owner-occupied and 37.6 percent were renter-occupied. As shown in Table H-20, the percentage of owner-occupied units in the City of Orange was more than the County and the State of California.
over 50 years old is considered aged and is more likely to exhibit a need for major repairs. H-22 categorizes the City of Orange's housing units by year of construction. According to 2007-2011 ACS, 70 percent of City's housing units were constructed prior to 1980. In the 1960 to 1980, the City of Orange experienced the highest period of housing construction c.
According to the 2006-2009 CHAS data, 50.7 percent of large renter-occupied households and 52.7 percent of large owner-occupied households experience overpayment. The proportion of large households experiencing overpayment is higher than the proportion of total households experiencing overpayment. According to the 2007-2011 ACS, there were 11,523 owner-occupied housing units and 1,116 renter-occupied housing units with 4 or more bedrooms. The number of owner-occupied housing units exceeds the number of owner-occupied large households. However, the existing stock of rental opportunities for large households is lower than the number of large renter households in the City. To address this need, the City has included policies in its Housing
The City has a 2014-2021 RHNA need of 363 housing units for Extremely Low-, Very Low-, Low- and Moderate-Income households. The City has limited vacant land available for residential development and no vacant land zoned at densities to support affordable housing. Therefore, the City will continue to encourage infill development within feasible development sites for homeownership and rental units affordable to Extremely Low-, Very Low-, Low- and Moderate- Income households. The City will continue to facilitate infill development through implementation of its General Plan and Zoning Code, which allows for higher density housing in appropriate areas of the City where potential exists for site redevelopment. In addition, the City will encourage compatible residential development integrated into existing neighborhoods and districts where appropriate.
The City has a 2014-2021 RHNA need of 363 housing units for Extremely Low-, Very Low-, and Low-Income households. To ensure the availability of adequate sites within the Urban Mixed Use zoning districts to accommodate the remaining RHNA need for Lower-Income households, the City of Orange shall continue to require non-residential and mixed use projects in the Urban Mixed Use (UMU) zoning districts only be approved when a finding can be made that the project will not reduce UMU-zoned land available for residential development such that the City can no longer accommodate its remaining RHNA need. The City will continue to track the availability of UMU-zoned sites greater than one half-acre in size through its RHNA Housing Sites Monitoring System to ensure a minimum of 12.1 acres of UMU-zoned land is available for residential development. The monitoring system will adjust the acreage needed based upon the City's remaining need for Lower-Income housing units on a project-by-project basis. The monitoring system shall be updated on a project-by-project basis and an annual monitoring report shall be provided to the City Council in conjunction with annual progress reporting requirements pursuant to Government Code section 65400.
The 'Santa Ines' project was approved on July 12, 2011 for 42 new rental units (41 income-restricted senior housing units). Of the 42 units, 40 are one-bedroom units and two units are two-bedroom units. 'Santa Ines' took advantage of three development standard concessions. The project was anticipated to obtain financial assistance from ORA. However, due to the State's action eliminating Redevelopment Agencies, ORA funding is no longer available. In 2013, the City approved a funding commitment for a HOME loan of $928,387. The developer has applied for tax credits and Mental Health Services Act funding for the project. Both 'Serrano Woods' and 'Santa Ines' are listed as projects 'in the pipeline'.
The Orange Redevelopment Agency is obligated, in accordance with California Community Redevelopment Law, to ensure that at least 15 percent of all new dwelling units within a project area developed by an entity other than the Redevelopment Agency must be available at affordable housing cost to Low- and Moderate-Income persons. Of these units, 40 percent shall be restricted to Very Low-Income households. The City prefers the affordable units to be provided on-site.
Median Sales Price $693,900.00
Median Rental Price $3,043.00 Based on 840 sqft unit
Total Homes on Market 322
Average Days on Market 92867
Average Offers per Sale 1
Total Housing Units 45719
Single-Family Units 30933
Other Type Units 1222
Unit Vacancy Rate 0.0351
Annual Units Produced (2017) 448
Go to Orange ADU Zoning Page
City Population 136,416
City Area 24.8 sq. mi.
Customer since November, 2018
State of CA California's Housing Future: Challenges and Opportunities - Public ... www.hcd.ca.gov 01/01/2017
State of CA What are Accessory Dwelling Units? California Department of Housing and Community Development 15/05/2017
State of CA With construction down, homeowners are investing in their properties and staying put https://themortgagereports.com 25/11/2018
State of CA Opinion: How California can solve its housing disaster https://www.mercurynews.com/ 02/02/2018
State of CA Mother-in-law units, the Swiss Army knife of housing policy - San ... www.sfchronicle.com 20/03/2015
Go to Orange ADU Zoning Page
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