Is Wappinger, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Wappinger has remained a Seller's Market.
Housing Prices in Wappinger, NY
How much do homes in Wappinger, NY cost?
Median Sold Price
$426,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Wappinger was $426,000 in June 2024, up 13% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $160K | +14.3% |
2 Bedrooms | $222.5K | $245K | +10.1% |
3 Bedrooms | $385K | $430K | +11.7% |
4 Bedrooms | $440K | $500K | +13.6% |
5+ Bedrooms | $504.5K | $482.5K | -4.4% |
Summary: Wappinger housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
East Fishkill | $499.1K | $567.5K | +13.7% |
Hopewell Junction | $469.8K | $532K | +13.2% |
Wappinger | $376.8K | $426K | +13.0% |
Wappingers Falls | $388.1K | $435.2K | +12.1% |
La Grange | $419.4K | $450K | +7.3% |
Housing Supply in Wappinger, NY
How many homes are available in Wappinger, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
94 | 112 | +19.1% |
Summary: The Wappinger real estate market had 112 homes for sale in June 2024, a 19.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 39 | 52 | +33.3% |
4 Bedrooms | 18 | 20 | +11.1% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Wappinger housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 22 | +83.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Wappinger in June 2024, up by 83.3% month-over-month. Of the 22 sold homes, 14% were sold under asking, 9% were sold at asking, and 77% were sold over asking.
Days on Market for Wappinger, NY
How long does it take to sell a home in Wappinger, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
53 Days | 29 Days | -45.4% |
Summary: Homes in Wappinger had an average of 29 days on market in Jun 2024, down by 45.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 22 homes were sold in Wappinger; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.