Is Orangeburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Orangeburg has remained a Seller's Market.
Key Takeaway
Orangeburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orangeburg, NY
How much do homes in Orangeburg, NY cost?
Median Sold Price
$613,000
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Orangeburg have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Orangeburg was $613,000 in March 2024, up 6.1% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192K | $252K | +31.3% |
| 2 Bedrooms | $285K | $317.5K | +11.4% |
| 3 Bedrooms | $550K | $650K | +18.2% |
| 4 Bedrooms | $630K | $630K | 0.0% |
| 5+ Bedrooms | $627.5K | $791K | +26.1% |
Summary: Orangeburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 26.1%.
Median Sold Price Compared To Nearby Cities
| Orangetown | $590K | $636.7K | +7.9% |
| Orangeburg | $578K | $613K | +6.1% |
Housing Supply in Orangeburg, NY
How many homes are available in Orangeburg, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Orangeburg real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Orangeburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orangeburg, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Orangeburg in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 16 Days | -74.5% |
Summary: Homes in Orangeburg had an average of 16 days on market in Mar 2024, down by 74.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Orangeburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Orangeburg; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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.