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

Housing Market Conditions



Gauge showing Wappingers Falls is a seller's market


Difference Since August 2022

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

How much do homes in Wappingers Falls, NY cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Wappingers Falls have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Wappingers Falls was $402,750 in August 2023, up 3.3% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $130K$149.7K
2 $215K$250K
3 $400K$399.4K
4 $430.8K$485K
5+ $578K$570K

Summary: Wappingers Falls housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 16.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Cities

Wappingers Falls

Housing Supply

How many homes are available in Wappingers Falls, NY?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Wappingers Falls real estate market had 142 homes for sale in August 2023, a 1.4% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 76
2 1819
3 7776
4 3232
5+ 109

Summary: The Wappingers Falls housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

24 Homes Were 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. 64.9% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Wappingers Falls in August 2023, up by 19.4% month-over-month. Of the 37 sold homes, 22% were sold under asking, 14% were sold at asking, and 65% were sold over asking.

Days on Market

How long does it take to sell a home in Wappingers Falls, NY?

Average Sale Time

Aug 2022Aug 2023CHANGE
41 Days66 Days+61.8%

Summary: Homes in Wappingers Falls had an average of 66 days on market in Aug 2023, up by 61.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wappingers Falls are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 37 homes were sold in Wappingers Falls; 41% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

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Nearby Markets

What housing markets are near Wappingers Falls, NY?