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
Since last year, Wallkill has remained a Seller's Market.
Key Takeaway
Wallkill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 March 2023
Key Takeaway
Homes in Wallkill have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Wallkill was $420,000 in March 2024, up 2.8% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245.7K | $370K | +50.6% |
| 2 Bedrooms | $252K | $262.5K | +4.2% |
| 3 Bedrooms | $399K | $400K | 0.3% |
| 4 Bedrooms | $469.9K | $451K | -4.0% |
| 5+ Bedrooms | $484.5K | $552.5K | +14.0% |
Summary: Wallkill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.6%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
| Plattekill | $387.5K | $405.5K | +4.6% |
| Wallkill | $408.5K | $420K | +2.8% |
| Gardiner | $600K | $570K | -5.0% |
Housing Supply in Wallkill, NY
How many homes are available in Wallkill, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The Wallkill real estate market had 51 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
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 decreased by 20%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wallkill, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Wallkill in March 2024, the same as the previous month. Of the 9 sold homes, 56% were sold under asking, 11% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 96 Days | 70 Days | -26.8% |
Summary: Homes in Wallkill had an average of 70 days on market in Mar 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wallkill has remained consistent over time.
Summary: During March 2024, 9 homes were sold in Wallkill; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% 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.