The housing market in Orange, NY County is quite strong. The median value of a house in this area is $389,200, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Orange, NY County is 10.99%, which is significantly higher than the national average of 8.27%. These figures demonstrate that the housing market in this area is strong and continues to rise in value with each passing year.
The median home cost in Orange County is $389,200. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Orange County is up 16.2%.
Average Age of Homes
- The median age of Orange County real estate is 47 years old
The Rental Market in Orange County
- Renters make up 27.4% of the Orange County population
- 1.2% of houses and apartments in Orange 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.