Is Wallkill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wallkill was a Seller's Market.
Housing Prices in Wallkill, NY
How much do homes in Wallkill, NY cost?
Median Sold Price
$415,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wallkill was $415,000 in March 2024, up 11.6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164.5K | $200K | +21.6% |
2 Bedrooms | $265K | $307K | +15.8% |
3 Bedrooms | $356.4K | $380K | +6.6% |
4 Bedrooms | $451.6K | $465K | +3.0% |
5+ Bedrooms | $510K | $552.5K | +8.3% |
Summary: Wallkill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
Middletown | $322.9K | $367.2K | +13.7% |
Wallkill | $371.7K | $415K | +11.6% |
Mamakating | $327K | $349K | +6.7% |
Bloomingburg | $390K | $385K | -1.3% |
Housing Supply in Wallkill, NY
How many homes are available in Wallkill, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
135 | 130 | -3.7% |
Summary: The Wallkill real estate market had 130 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 66 | 61 | -7.6% |
4 Bedrooms | 46 | 45 | -2.2% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Wallkill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 21 | -22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Wallkill in March 2024, down by 22.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 10% were sold at asking, and 48% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 51 Days | -28.3% |
Summary: Homes in Wallkill had an average of 51 days on market in Mar 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Wallkill; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.