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.
Key Takeaway
Wallkill is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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
Key Takeaway
Homes in Wallkill have sold for 5% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Wallkill, you may be able to get a good deal. 40% of homes here sold below asking price last month.
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
Key Takeaway
Avg time on Rocket Homes in Wallkill has remained consistent over time.
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.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.