Is Orange County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Orange County has remained a Neutral Market.
Key Takeaway
Orange County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Orange County, NY
How much do homes in Orange County, NY cost?
Median Sold Price
$414,450
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Orange County have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Orange County was $414,450 in April 2024, up 8.6% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $191.2K | +23.4% |
| 2 Bedrooms | $265K | $287.9K | +8.6% |
| 3 Bedrooms | $365K | $399.9K | +9.6% |
| 4 Bedrooms | $520K | $537.8K | +3.4% |
| 5+ Bedrooms | $524.5K | $522K | -0.5% |
Summary: Orange County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.4%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Counties
| Ulster County | $372.1K | $413.4K | +11.1% |
| Sullivan County | $261.1K | $290K | +11.0% |
| Orange County | $381.7K | $414.4K | +8.6% |
| Putnam County | $450K | $479.2K | +6.5% |
| Rockland County | $585K | $614.5K | +5.0% |
Housing Supply in Orange County, NY
How many homes are available in Orange County, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,323 | 1,508 | +14.0% |
Summary: The Orange County real estate market had 1,508 homes for sale in April 2024, a 14.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 36 | -7.7% |
| 2 Bedrooms | 191 | 212 | +11.0% |
| 3 Bedrooms | 549 | 611 | +11.3% |
| 4 Bedrooms | 402 | 488 | +21.4% |
| 5+ Bedrooms | 142 | 161 | +13.4% |
Summary: The Orange County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 13.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 195 | 236 | +21.0% |
Asking Price vs. Sold Price
87 Homes Were Sold
Under Asking
56 Homes Were Sold
At Asking
93 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange County, you could pay more than the asking price. 39.4% of homes here sold above asking price last month.
Summary: A total of 236 homes were sold or pending in Orange County in April 2024, up by 21.0% month-over-month. Of the 236 sold homes, 37% were sold under asking, 24% were sold at asking, and 39% were sold over asking.
Days on Market for Orange County, NY
How long does it take to sell a home in Orange County, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 63 Days | +6.6% |
Summary: Homes in Orange County had an average of 63 days on market in Apr 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
84 Homes Were Sold
In 30 - 90 Days
57 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orange County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 236 homes were sold in Orange County; 39% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.