Is Orangetown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Orangetown was a Neutral Market.
Housing Prices in Orangetown, NY
How much do homes in Orangetown, NY cost?
Median Sold Price
$636,750
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orangetown was $636,750 in April 2024, up 8.4% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $260K | +6.1% |
2 Bedrooms | $385K | $520K | +35.1% |
3 Bedrooms | $570.2K | $592.5K | +3.9% |
4 Bedrooms | $645K | $700K | +8.5% |
5+ Bedrooms | $825K | $865K | +4.8% |
Summary: Orangetown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
Orangetown | $587.5K | $636.7K | +8.4% |
Blauvelt | $645K | $694.5K | +7.7% |
Pearl River | $560K | $600K | +7.1% |
Orangeburg | $579K | $608.7K | +5.1% |
West Nyack | $651K | $682K | +4.8% |
Housing Supply in Orangetown, NY
How many homes are available in Orangetown, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
156 | 168 | +7.7% |
Summary: The Orangetown real estate market had 168 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 11 | -15.4% |
2 Bedrooms | 22 | 29 | +31.8% |
3 Bedrooms | 43 | 48 | +11.6% |
4 Bedrooms | 51 | 52 | +2.0% |
5+ Bedrooms | 27 | 28 | +3.7% |
Summary: The Orangetown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 3.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 34 | +47.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Orangetown in April 2024, up by 47.8% month-over-month. Of the 34 sold homes, 47% were sold under asking, 9% were sold at asking, and 44% were sold over asking.
Days on Market for Orangetown, NY
How long does it take to sell a home in Orangetown, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 56 Days | -7.9% |
Summary: Homes in Orangetown had an average of 56 days on market in Apr 2024, down by 7.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Orangetown; 56% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.