Is Wallkill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Wallkill has remained a Seller's Market.
Housing Prices in Wallkill, NY
How much do homes in Wallkill, NY cost?
Median Sold Price
$415,131
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wallkill was $415,131 in May 2024, up 11.7% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164.5K | $187.5K | +14.0% |
2 Bedrooms | $265K | $318.5K | +20.2% |
3 Bedrooms | $360K | $377K | +4.7% |
4 Bedrooms | $450K | $465K | +3.3% |
5+ Bedrooms | $510K | $550K | +7.8% |
Summary: Wallkill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Middletown | $324.7K | $372K | +14.6% |
Wallkill | $371.7K | $415.1K | +11.7% |
Bloomingburg | $388K | $420K | +8.2% |
Mamakating | $339.4K | $351K | +3.4% |
Housing Supply in Wallkill, NY
How many homes are available in Wallkill, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
163 | 164 | +0.6% |
Summary: The Wallkill real estate market had 164 homes for sale in May 2024, a 0.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 17 | -10.5% |
3 Bedrooms | 80 | 85 | +6.3% |
4 Bedrooms | 51 | 48 | -5.9% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Wallkill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 31 | +14.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Wallkill in May 2024, up by 14.8% month-over-month. Of the 31 sold homes, 32% were sold under asking, 23% were sold at asking, and 45% were sold over asking.
Days on Market for Wallkill, NY
How long does it take to sell a home in Wallkill, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
63 Days | 49 Days | -21.8% |
Summary: Homes in Wallkill had an average of 49 days on market in May 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 31 homes were sold in Wallkill; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.