$95,000
53.44 Acres
Land
Ricky Gates, Listing Office: eXp Realty
Is Orleans, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Orleans was a Buyer's Market.
Key Takeaway
Orleans is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orleans, NY
How much do homes in Orleans, NY cost?
Median Sold Price
$62,500
$28/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$396,500(-86.4%)
Key Takeaway
Homes in Orleans have sold for 86.4% less than they did a month ago.
Summary: The median home sold price in Orleans was $62,500 in December 2024, down 86.4% from last month, and the median price per square foot was $28.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $459K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $62.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Orleans housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| La Fargeville | $279.9K | $62.5K | -77.7% |
| Orleans | $459K | $62.5K | -86.4% |
Housing Supply in Orleans, NY
How many homes are available in Orleans, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Orleans real estate market had 7 homes for sale in December 2024, a 22.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Orleans housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orleans, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Orleans in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Orleans, NY
How long does it take to sell a home in Orleans, NY?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 Days | 46 Days | +416.7% |
Summary: Homes in Orleans had an average of 46 days on market in Dec 2024, up by 416.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orleans are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Orleans; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
