Orange County

A local view of the market.

The real estate market in Orange County, New York, has seen a notable increase in home values. As of October 2024, the median home sold price was $422,983, reflecting a 6.8% increase from the previous year. Homes in the area typically sell for a median price of $238 per square foot, indicating a strong seller's market where properties tend to sell quickly and often above the asking price. Some of the top cities in Orange County include Newburgh, Middletown, and Monroe. Newburgh has a population of approximately 28,000 and is known for its historic architecture and waterfront views. Middletown, with a population of around 28,000 as well, offers a suburban feel with a variety of parks and recreational activities. Monroe, slightly smaller with about 8,500 residents, is appreciated for its community-oriented atmosphere and proximity to outdoor activities in the Hudson Valley. Living in Orange County offers a mix of rural and suburban lifestyles, with areas dedicated to agriculture and farming, as well as suburban neighborhoods. The county's economy is supported by industries such as healthcare, retail, and manufacturing. Real estate migration patterns show that people are moving to Orange County for its balance of suburban living and access to nature, along with its relatively affordable housing compared to nearby metropolitan areas like New York City.