Orange County home prices fall 11% to $400,000 in April

Orange County home shoppers saw the county’s April median sale price fall to $400,000, down from $450,000 in March, a drop of 11.1% that gave buyers a cheaper starting point heading into the spring market. The same Realtor.com data put April’s median 2.2% below April 2025, showing the decline was not limited to one month.

The price gap between buyers and sellers remained wide. Realtor.com’s Orange County market page listed a median listing price of $500,000 and 1,601 homes for sale countywide, including 530 homes under $400,000. Homes were spending an average of 49 days on the market, suggesting sellers still need to be realistic if they want to move a property before summer slows the market further.

That countywide median does not look the same everywhere. A $400,000 home means something different in Middletown, Newburgh, Goshen, Monroe and Port Jervis than it does in a rural pocket or a commuter-friendly neighborhood closer to major roads. First-time buyers gained a little more room to maneuver with more homes showing up under the $400,000 line, but the $500,000 median asking price still leaves a large share of the market out of reach for many households.

Other measures show how much the picture depends on the data set. Redfin put Orange County’s median sale price over the last three months at $476,000, up 12.3% from the same period a year earlier, with homes taking an average of 58 days to sell. Zillow pegged the county’s average home value at $469,575, up 4.2% over the past year, and said homes go pending in about 35 days.

Local and state trackers have also shown sharp swings in recent years. Triangle MLS reported Orange County’s median sales price at $501,934 in April 2024, while Orange County Real Estate Services put the county’s single-family median at $425,000 that month. The New York State Association of REALTORS said New York’s statewide median sales price rose 7.8% to $415,000 in 2024, underscoring how quickly housing costs can move even when one county posts a monthly decline.