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 Neutral Market.
Housing Prices in Wallkill, NY
How much do homes in Wallkill, NY cost?
Median Sold Price
$420,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wallkill was $420,000 in May 2024, up 5% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245.7K | $370K | +50.6% |
2 Bedrooms | $245K | $291K | +18.8% |
3 Bedrooms | $397K | $400K | +0.8% |
4 Bedrooms | $463K | $470K | +1.5% |
5+ Bedrooms | $484.5K | $550K | +13.5% |
Summary: Wallkill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.6%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
Wallkill | $400K | $420K | +5.0% |
Plattekill | $395K | $385K | -2.5% |
Gardiner | $638.5K | $560K | -12.3% |
Housing Supply in Wallkill, NY
How many homes are available in Wallkill, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 61 | 0.0% |
Summary: The Wallkill real estate market had 61 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 32 | 34 | +6.3% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 4 | 3 | -25.0% |
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 increased by 25%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Wallkill in May 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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 |
---|---|---|
129 Days | 56 Days | -56.4% |
Summary: Homes in Wallkill had an average of 56 days on market in May 2024, down by 56.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Wallkill; 20% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.