Is Wallkill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wallkill is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Wallkill was a Buyer's 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

$449,950

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$49,950(+12.5%)

Key Takeaway

Homes in Wallkill have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Wallkill was $449,950 in November 2024, up 12.5% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$540K
+170.0%
2 $252.5K$317K
+25.5%
3 $380K$407.5K
+7.2%
4 $550K$527.4K
-4.1%
5+ $485K$552.5K
+13.9%

Summary: Wallkill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 170%, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 13.9%.

Median Sold Price Compared To Nearby Cities

Modena
+23.8%
Plattekill
+18.2%
Wallkill
+12.5%
Gardiner
-18.1%

Housing Supply in Wallkill, NY

How many homes are available in Wallkill, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4642-8.7%

Summary: The Wallkill real estate market had 42 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 52
-60.0%
3 1918
-5.3%
4 1918
-5.3%
5+ 34
+33.3%

Summary: The Wallkill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wallkill, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wallkill in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
165 Days101 Days-38.7%

Summary: Homes in Wallkill had an average of 101 days on market in Nov 2024, down by 38.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wallkill has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Wallkill; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 2 Days Ago

Newest Listings in Wallkill, NY

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