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.
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
$608,750
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Orangeburg have sold for 5.1% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Orangeburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Orangeburg are selling fast, if you're buying plan to act quickly.
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.
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.