Is Orleans County, 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, Orleans County has remained a Seller's Market.
Housing Prices in Orleans County, NY
How much do homes in Orleans County, NY cost?
Median Sold Price
$159,837
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orleans County was $159,837 in April 2024, up 0.5% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $115K | +27.8% |
2 Bedrooms | $130K | $137.6K | +5.9% |
3 Bedrooms | $164.8K | $160K | -2.9% |
4 Bedrooms | $167K | $180K | +7.8% |
5+ Bedrooms | $205K | $175K | -14.6% |
Summary: Orleans County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 14.6%.
Median Sold Price Compared To Nearby Counties
Monroe County | $212.1K | $232.3K | +9.6% |
Genesee County | $175K | $180K | +2.9% |
Niagara County | $190.7K | $195.1K | +2.3% |
Orleans County | $159K | $159.8K | 0.5% |
Housing Supply in Orleans County, NY
How many homes are available in Orleans County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 71 | -20.2% |
Summary: The Orleans County real estate market had 71 homes for sale in April 2024, a 20.2% 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 | 10 | 8 | -20.0% |
3 Bedrooms | 45 | 35 | -22.2% |
4 Bedrooms | 20 | 18 | -10.0% |
5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Orleans County 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 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 15 | -25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Orleans County in April 2024, down by 25.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Orleans County, NY
How long does it take to sell a home in Orleans County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 59 Days | +26.5% |
Summary: Homes in Orleans County had an average of 59 days on market in Apr 2024, up by 26.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Orleans County; 60% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.