Housing Prices in Lorraine, NY

How much do homes in Lorraine, NY cost?

Median List Price

$194,900

$130/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$45,000(-18.8%)

Key Takeaway

The list price of homes in Lorraine has decreased by 18.8% since last year.

Summary: The median home list price in Lorraine was $194,900 in April 2024, down 18.8% from the previous year, and the median price per square foot was $130.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$125K
N/A
2 $199.9K$152.4K
-23.7%
3 $239.9K$226.9K
-5.4%
4 $369K$194.9K
-47.2%
5+ $249.4K$299K
+19.9%

Summary: Lorraine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.7%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 47.2%, and 5+ bedroom homes increased by 19.9%.

Median List Price Compared To Nearby Cities

Adams
+20.6%
Worth
-16.8%
Lorraine
-18.8%
Rodman
-51.2%

Housing Supply in Lorraine, NY

How many homes are available in Lorraine, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
910+11.1%

Summary: The Lorraine real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 55
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Lorraine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Lorraine, NY

How long does it take to sell a home in Lorraine, NY?

Average Listing Age

Apr 2023Apr 2024CHANGE
320 Days89 Days-72.0%

Summary: Homes in Lorraine had an average listing age of 89 days in Apr 2024, down by 72% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Lorraine, NY

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