Is Wappinger, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wappinger was a Seller's Market.
Housing Prices in Wappinger, NY
How much do homes in Wappinger, NY cost?
Median Sold Price
$425,333
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wappinger was $425,333 in May 2024, up 14.8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.4K | $163K | +16.9% |
2 Bedrooms | $222.5K | $230K | +3.4% |
3 Bedrooms | $385K | $430K | +11.7% |
4 Bedrooms | $437.5K | $498.5K | +13.9% |
5+ Bedrooms | $459.1K | $485K | +5.6% |
Summary: Wappinger housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
Hopewell Junction | $468.2K | $540K | +15.3% |
Wappinger | $370.5K | $425.3K | +14.8% |
East Fishkill | $498.8K | $570.1K | +14.3% |
Wappingers Falls | $388.8K | $436.7K | +12.3% |
La Grange | $419.9K | $457.5K | +8.9% |
Housing Supply in Wappinger, NY
How many homes are available in Wappinger, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 96 | +21.5% |
Summary: The Wappinger real estate market had 96 homes for sale in May 2024, a 21.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 21 | 26 | +23.8% |
3 Bedrooms | 34 | 41 | +20.6% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Wappinger 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 23.8%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Wappinger in May 2024, up by 33.3% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Wappinger, NY
How long does it take to sell a home in Wappinger, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
105 Days | 31 Days | -70.2% |
Summary: Homes in Wappinger had an average of 31 days on market in May 2024, down by 70.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Wappinger; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.