Is Wappingers Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wappingers Falls is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Wappingers Falls has remained a Seller's Market.

Key Takeaway

Wappingers Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wappingers Falls, NY

How much do homes in Wappingers Falls, NY cost?

Median Sold Price

$450,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+9.8%)

Key Takeaway

Homes in Wappingers Falls have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Wappingers Falls was $450,000 in October 2024, up 9.8% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147K$160K
+8.8%
2 $238K$252.5K
+6.1%
3 $409.4K$455K
+11.1%
4 $485K$505K
+4.1%
5+ $550K$560K
+1.8%

Summary: Wappingers Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Cities

Wappingers Falls
+9.8%
Wappinger
+9.7%

Housing Supply in Wappingers Falls, NY

How many homes are available in Wappingers Falls, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1411410.0%

Summary: The Wappingers Falls real estate market had 141 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 2123
+9.5%
3 7062
-11.4%
4 3440
+17.6%
5+ 1112
+9.1%

Summary: The Wappingers Falls housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3128-9.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wappingers Falls, you may be able to get a good deal. 39.3% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Wappingers Falls in October 2024, down by 9.7% month-over-month. Of the 28 sold homes, 39% were sold under asking, 21% were sold at asking, and 39% were sold over asking.

Days on Market for Wappingers Falls, NY

How long does it take to sell a home in Wappingers Falls, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days54 Days+6.9%

Summary: Homes in Wappingers Falls had an average of 54 days on market in Oct 2024, up by 6.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wappingers Falls has remained consistent over time.

Summary: During October 2024, 28 homes were sold in Wappingers Falls; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Wappingers Falls, NY

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