The housing market in Orleans, MA is booming. The median value of a house in Orleans is more than double the national median value of a house, at $946,400. Additionally, the appreciation rate for homes in Orleans is higher than the national rate; 1 year appreciation for houses in Orleans stands at 12.73%, while the national rate stands at 8.27%. This indicates that housing in Orleans is becoming increasingly valuable as time goes on.
The median home cost in Orleans is $946,400. Home appreciation the last 10 years has been 91.5%. Home Appreciation in Orleans is up 16.3%.
Average Age of Homes
- The median age of Orleans real estate is 40 years old
The Rental Market in Orleans
- Renters make up 13.1% of the Orleans population
- 1.2% of houses and apartments in Orleans, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.