Is Orangeburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Orangeburg has remained a Neutral Market.
Housing Prices in Orangeburg, NY
How much do homes in Orangeburg, NY cost?
Median Sold Price
$607,500
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Orangeburg was $607,500 in May 2024, up 4.7% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $255K | +24.4% |
2 Bedrooms | $290.5K | $317.5K | +9.3% |
3 Bedrooms | $563.5K | $607.5K | +7.8% |
4 Bedrooms | $610K | $700K | +14.8% |
5+ Bedrooms | $675K | $825K | +22.2% |
Summary: Orangeburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.4%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 22.2%.
Median Sold Price Compared To Nearby Cities
Orangetown | $585K | $645K | +10.3% |
Blauvelt | $645K | $700K | +8.5% |
Orangeburg | $580K | $607.5K | +4.7% |
Tappan | $616K | $635K | +3.1% |
Housing Supply in Orangeburg, NY
How many homes are available in Orangeburg, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 12 | -29.4% |
Summary: The Orangeburg real estate market had 12 homes for sale in May 2024, a 29.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 4 | -42.9% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Orangeburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Orangeburg in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Orangeburg, NY
How long does it take to sell a home in Orangeburg, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 4 Days | -10.0% |
Summary: Homes in Orangeburg had an average of 4 days on market in May 2024, down by 10% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Orangeburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.