Is Wappingers Falls, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wappingers Falls is a buyer's market

Buyer's
Market

Difference Since May 2021

Since last year, Wappingers Falls has remained a Buyer's Market.

Key Takeaway

Wappingers Falls is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Wappingers Falls, NY cost?

Median Sold Price

$301,925

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$51,925(+20.8%)

Key Takeaway

Homes in Wappingers Falls have sold for 20.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $58.5K$85.5K
+46.2%
2 $170K$201K
+18.2%
3 $262.5K$349K
+33.0%
4 $372.5K$317.5K
-14.8%
5+ $300K$465K
+55.0%

Median Sold Price Compared To Nearby Cities

Wappingers Falls
+20.8%
Wappinger
+7.1%

How many homes are available in Wappingers Falls, NY?

Number of Homes For Sale

Apr 2022May 2022%
2526+4.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 21
-50.0%
2 66
0.0%
3 913
+44.4%
4 54
-20.0%
5+ 32
-33.3%

Number of Homes Sold

Apr 2022May 2022%
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wappingers Falls, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
151 Days82 Days-45.7%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wappingers Falls has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Wappingers Falls, NY

There are 26 homes are for sale in Wappingers Falls, NY real estate market. Between April 2022 and May 2022, Wappingers Falls, NY real estate market has seen increase in the number of listings by 4%. While the average time on the market in May 2022 was 82 days, the median list price was $301,925. This housing market listing prices have changed between April 2022 and May 2022: 1 bedroom properties prices increased by 46.2%, 2 bedrooms properties prices increased by 18.2%, prices of 3 bedrooms properties went up by 33%, 4 bedrooms properties prices decreased by 14.8%, the cost of 5 bedrooms properties went up by 55%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 50% less available, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went up by 44.4%, number of 4 bedrooms homes decreased by 20%, the quantity of 5 bedrooms homes went down by 33.3%. Over 1 listings were sold over their listed price in May 2022 in Wappingers Falls, NY. In the same period over 0 listings were sold below the listed price and 0 listings were sold for the listed price.

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