Is Wappingers Falls, 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, Wappingers Falls has remained a Seller's Market.
Key Takeaway
Wappingers Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wappingers Falls, NY
How much do homes in Wappingers Falls, NY cost?
Median Sold Price
$430,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wappingers Falls have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Wappingers Falls was $430,000 in March 2024, up 11.7% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $160K | +14.3% |
| 2 Bedrooms | $228K | $230K | +0.9% |
| 3 Bedrooms | $395K | $435.9K | +10.4% |
| 4 Bedrooms | $465K | $480K | +3.2% |
| 5+ Bedrooms | $457K | $590K | +29.1% |
Summary: Wappingers Falls 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 0.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 29.1%.
Median Sold Price Compared To Nearby Cities
| Wappinger | $365K | $421.2K | +15.4% |
| Wappingers Falls | $385K | $430K | +11.7% |
Housing Supply in Wappingers Falls, NY
How many homes are available in Wappingers Falls, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 82 | 90 | +9.8% |
Summary: The Wappingers Falls real estate market had 90 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 4 | -55.6% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 40 | 42 | +5.0% |
| 4 Bedrooms | 13 | 22 | +69.2% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Wappingers Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 55.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wappingers Falls, you could pay more than the asking price. 52.2% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Wappingers Falls in March 2024, the same as the previous month. Of the 23 sold homes, 35% were sold under asking, 13% were sold at asking, and 52% were sold over asking.
Days on Market for Wappingers Falls, NY
How long does it take to sell a home in Wappingers Falls, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 73 Days | -0.4% |
Summary: Homes in Wappingers Falls had an average of 73 days on market in Mar 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wappingers Falls are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Wappingers Falls; 48% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 30% 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.