Is Wappinger, 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, Wappinger has remained a Seller's Market.
Housing Prices in Wappinger, NY
How much do homes in Wappinger, NY cost?
Median Sold Price
$421,250
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wappinger was $421,250 in March 2024, up 15.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $160K | +14.3% |
2 Bedrooms | $218K | $230K | +5.5% |
3 Bedrooms | $385K | $426K | +10.6% |
4 Bedrooms | $443.8K | $485K | +9.3% |
5+ Bedrooms | $533K | $550K | +3.2% |
Summary: Wappinger housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Hopewell Junction | $464.5K | $538K | +15.8% |
Wappinger | $365K | $421.2K | +15.4% |
East Fishkill | $496.9K | $560K | +12.7% |
Wappingers Falls | $385K | $430K | +11.7% |
La Grange | $419.9K | $441.1K | +5.1% |
Housing Supply in Wappinger, NY
How many homes are available in Wappinger, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 64 | +3.2% |
Summary: The Wappinger real estate market had 64 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 3 | -62.5% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Wappinger housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 62.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Wappinger in March 2024, down by 21.1% month-over-month. Of the 15 sold homes, 33% were sold under asking, 13% were sold at asking, and 53% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 81 Days | +14.3% |
Summary: Homes in Wappinger had an average of 81 days on market in Mar 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Wappinger; 47% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.