Orange County, New York Housing Market

In Orange County, New York, the median home value is $387,900, with a median monthly rent of $1,680. This places Orange County at #323 nationally out of 3134 counties by median home value, and #12 within New York.

Median Home Value $387,900
Median Rent $1,680/mo
Owner Occupancy 67.8%
Price/Rent Ratio 19.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Orange County rose +6.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

128,854
jobs (private sector)
  • Avg weekly wage: $1,124
  • Establishments: 11,502
  • BLS QCEW, 2025
🏗️

Housing Supply

1,668
new units authorized (2025)
  • Single-family: 549
  • Multi-family: 1,119
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3699
net migration (filers, 2021-2022)
  • Inflow: 161,468 (avg $91,346)
  • Outflow: 157,769 (avg $91,726)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Orange County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 12543 410.8 +32.33% 2025
2 10974 267.5 +15.75% 2025
3 10928 255.8 -6.05% 2025
4 12577 293.1 +23.87% 2025
5 10925 349.0 +13.38% 2025
6 10926 261.1 -2.32% 2025
7 10917 226.9 +25.52% 2025
8 12721 291.8 +4.76% 2025
9 12586 312.6 +9.60% 2025
10 10922 295.6 — 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Orange County Compares

MetricOrange CountyNew York AverageU.S. Average
Median Home Value $387,900 $281,200 $227,706
Median Gross Rent $1,680 $1,168 $968
Owner Occupancy Rate 67.8% 69.3% 73.3%
Price/Rent Ratio 19.2 18.4 18.7

Market Analysis

The median home value in Orange County is 37.9% above the New York state average and 70.4% above the U.S. national average. The median rent of $1,680/month is 43.8% above the state average.

With a price-to-rent ratio of 19.2, the buy-vs-rent decision in Orange County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Orange County has an owner-occupancy rate of 67.8%, compared to 69.3% in New York and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Mariposa County California $387,900 $1,305
New Hanover County North Carolina $387,800 $1,417
Montrose County Colorado $388,400 $1,188
Fresno County California $388,800 $1,392
Seminole County Florida $386,900 $1,783

Other Counties in New York

CountyMedian Home ValueMedian RentOwner Occ.
Dutchess County $400,600 $1,582 69.2%
Ulster County $352,500 $1,425 69.9%
Saratoga County $348,600 $1,394 72.3%
Columbia County $347,100 $1,260 76.3%
Putnam County $471,300 $1,775 83.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).