Orange County, New York Housing Market Prices
Orange County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 38% below the New York median More expensive than 80% of counties in New York$293,850
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Median rent 4% above the New York median More expensive than 85% of counties in New York$1,680
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Orange County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $293,850 | $471,885 | $248,835 |
| Price Trend (Annual %) | 6.3% | 7.1% | 7.5% |
| Median Gross Rent | $1,680 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Orange County is about 38% lower than in New York. Rent is about 4% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Orange County, up about 6.3% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Orange County rose about 45.6% between 2015 and 2024, from $1,154 to $1,680. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Orange County.
Buying the median-priced home in Orange County costs roughly 14.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Orange County. The price-to-rent ratio in New York is about 24.3.
| Metric | Orange County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $293,850 | $471,885 | $248,835 |
| Median Household Income | $97,535 | $86,556 | $80,455 |
| Price-to-Income Ratio | 3.0 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Orange County rose about 68.5%, while median household income rose about 36.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Orange County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.8% | 48.8% | 58.5% |
| Rental Rate | 29.8% | 41.1% | 31.2% |
| Vacancy Rate | 7.4% | 10.1% | 10.2% |
| Median Tenure (years) | 17.0 | 17.0 | 15.0 |
| Median Year Moved In | 2009 | 2009 | 2011 |
Orange County has a homeownership rate of 62.8%, higher than the New York average of 48.8%. Its housing vacancy rate is 7.4%, compared with 10.1% in New York.
Housing Stock
| Metric | Orange County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.84 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1974 | 1960 | 1978 |
| Median Number of Rooms | 5.9 | 5.0 | 5.5 |
The typical housing unit in Orange County was built around 1974. On average, 2.8 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Orange County, NY Housing Compared With Nearby Counties
Orange County, NY is the 3rd largest of the 6 counties compared here, 406,655 residents against a local median of 340,860. Where Orange County, NY breaks from the counties next to it is median home price, sitting 22% below the local median of $376,251 at $293,850.
The counties themselves spread $482,927 on median home price, so Orange County, NY sits at one end of an already wide local range rather than apart from it. Orange County, NY has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Orange County, NY | 406,655 | $293,850 #5/6 | $1,680 #3/6 | 67.8% #4/6 |
| Passaic County, NJ | 520,457 | $376,251 | $1,621 | 53.1% |
| Rockland County, NY | 340,860 | $698,715 | $1,900 | 67.9% |
| Sussex County, NJ | 145,409 | $215,788 | $1,585 | 83.8% |
| Ulster County, NY | 182,585 | $334,097 | $1,425 | 69.9% |
| Bergen County, NJ | 960,507 | $592,908 | $1,913 | 65.3% |
Frequently Asked Questions
Common questions about the housing market in Orange County, New York.
What is the median home price in Orange County, New York?
The median home price in Orange County, New York is $293,850, lower than the New York average of $471,885.
What is the average home price in Orange County, New York?
The typical home price in Orange County, New York, reported as the median sale price, is $293,850. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Orange County, New York?
The median gross rent in Orange County, New York is $1,680 per month, higher than the New York average of $1,621.
What was the median gross rent in Orange County in 2020?
In 2020, the median gross rent in Orange County, New York was $1,294 per month.
What is the price-to-rent ratio in Orange County, New York?
The price-to-rent ratio in Orange County, New York is about 14.6, meaning it would take roughly 14.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Orange County.
Are home prices or rent rising faster in Orange County, New York?
Both home prices and rent are rising in Orange County, up about 6.3% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Orange County, New York?
62.8% of households in Orange County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Orange County, New York?
The housing vacancy rate in Orange County, New York is 7.4%, lower than the New York average of 10.1%.
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