$450,000
25.60 Acres
Land
Listing Office: HomeSmart Homes & Estates
Is Orange County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Orange County was a Seller's 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
$420,043
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$25,841(+6.6%)
Key Takeaway
Homes in Orange County have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Orange County was $420,043 in September 2024, up 6.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $189.9K | +11.7% |
| 2 Bedrooms | $275K | $295K | +7.3% |
| 3 Bedrooms | $379K | $405.8K | +7.1% |
| 4 Bedrooms | $522.5K | $549.8K | +5.2% |
| 5+ Bedrooms | $523K | $551.3K | +5.4% |
Summary: Orange County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Counties
| Sullivan County | $271K | $306.2K | +13.0% |
| Rockland County | $581.3K | $650K | +11.8% |
| Putnam County | $450K | $500K | +11.1% |
| Ulster County | $385K | $424.3K | +10.2% |
| Orange County | $394.2K | $420K | +6.6% |
Housing Supply in Orange County, NY
How many homes are available in Orange County, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1,910 | 1,906 | -0.2% |
Summary: The Orange County real estate market had 1,906 homes for sale in September 2024, a 0.2% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 39 | 0.0% |
| 2 Bedrooms | 286 | 294 | +2.8% |
| 3 Bedrooms | 767 | 762 | -0.7% |
| 4 Bedrooms | 600 | 592 | -1.3% |
| 5+ Bedrooms | 218 | 219 | 0.5% |
Summary: The Orange County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 0.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 352 | 289 | -17.9% |
Asking Price vs. Sold Price
109 Homes Were Sold
Under Asking
57 Homes Were Sold
At Asking
123 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange County, you could pay more than the asking price. 42.6% of homes here sold above asking price last month.
Summary: A total of 289 homes were sold or pending in Orange County in September 2024, down by 17.9% month-over-month. Of the 289 sold homes, 38% were sold under asking, 20% were sold at asking, and 43% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 43 Days | 46 Days | +5.0% |
Summary: Homes in Orange County had an average of 46 days on market in Sep 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
135 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Orange County has remained consistent over time.
Summary: During September 2024, 289 homes were sold in Orange County; 42% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 11% 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 (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 
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. 
The data relating to real estate for sale or rent on this web site comes from the IDX program of the Mid Hudson Multiple Listing Service, LLC. IDX 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. Information deemed reliable but not guaranteed and should be verified. 
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.