The housing market in Orleans, NY County is doing well with the median value being higher than the US national median value. The 1 year house appreciation rate for the county was 13.43%, which is greater than the 8.27% rate of appreciation for the entire United States. This indicates that prices for real estate in the area are increasing significantly and makes it an attractive place to invest in property.
The median home cost in Orleans County is $151,200. Home appreciation the last 10 years has been 72.9%. Home Appreciation in Orleans County is up 13.0%.
Average Age of Homes
- The median age of Orleans County real estate is 66 years old
The Rental Market in Orleans County
- Renters make up 20.1% of the Orleans County population
- 1.0% of houses and apartments in Orleans County, 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.