Is Orleans, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2021
At the same time last year, Orleans was a Seller's Market.
Key Takeaway
Orleans is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Orleans, MA cost?
Median Sold Price
$740,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2021
-$37,062(-4.8%)
Key Takeaway
Homes in Orleans have sold for 4.8% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2021 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | $394.6K | $417.5K | +5.8%  |
| 2 Bedrooms | $442.5K | $417.5K | -5.6% |
| 3 Bedrooms | $716K | $775K | +8.2% |
| 4 Bedrooms | $1.1M | $1.4M | +29.0% |
| 5+ Bedrooms | $2.1M | $1.6M | -25.3% |
How many homes are available in Orleans, MA?
Number of Homes For Sale
| Apr 2022 | May 2022 | % |
|---|---|---|
| 25 | 32 | +28.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2022 | May 2022 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3%  |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Number of Homes Sold
| Apr 2022 | May 2022 | % |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Orleans, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| May 2021 | May 2022 | % |
|---|---|---|
| 18 Days | 24 Days | +27.8% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were 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.
