Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 4,565, 1,532 total housing units (homes and apartments), and a median house value of $739,488, Orangeburg house prices are not only among the most expensive in New York, Orangeburg real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Orangeburg, accounting for 69.04% of the town's housing units. Other types of housing that are prevalent in Orangeburg include large apartment complexes or high rise apartments ( 21.54%), duplexes, homes converted to apartments or other small apartment buildings ( 9.43%).
The most prevalent building size and type in Orangeburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.05% owning and 36.95% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Orangeburg's housing was primarily built during this period, from the '40s through the '60s. A full 53.06% of the town's housing hails from this era. Other housing ages represented in Orangeburg include homes built between 1970-1999 ( 34.14%) and housing constructed before 1939 ( 12.80%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Orangeburg, where house values have increased just 54.15%, which is annualized rate of 4.42%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
NeighborhoodScout's data show that during the latest twelve months, Orangeburg's appreciation rate, at 6.69%, has been at or slightly above the national average. In the latest quarter, Orangeburg's appreciation rate has been 2.82%, which annualizes to a rate of 11.77%.
Relative to New York, our data show that Orangeburg's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.
$739,488
for New york
for nation
1,532
$4,891 / per month