Is Orangeburg, 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, Orangeburg has remained a Seller's Market.
Housing Prices in Orangeburg, NY
How much do homes in Orangeburg, NY cost?
Median Sold Price
$608,750
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orangeburg was $608,750 in April 2024, up 5.1% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192K | $253.5K | +32.0% |
2 Bedrooms | $285K | $317.5K | +11.4% |
3 Bedrooms | $550K | $607.5K | +10.5% |
4 Bedrooms | $610K | $665K | +9.0% |
5+ Bedrooms | $675K | $822.5K | +21.9% |
Summary: Orangeburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 21.9%.
Median Sold Price Compared To Nearby Cities
Orangetown | $587.5K | $636.7K | +8.4% |
Blauvelt | $645K | $694.5K | +7.7% |
Orangeburg | $579K | $608.7K | +5.1% |
Tappan | $616.5K | $630K | +2.2% |
Housing Supply in Orangeburg, NY
How many homes are available in Orangeburg, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Summary: The Orangeburg real estate market had 14 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Orangeburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Orangeburg in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 45 Days | -45.5% |
Summary: Homes in Orangeburg had an average of 45 days on market in Apr 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Orangeburg; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.