Is Wappingers Falls, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Wappingers Falls has remained a Seller's Market.
Housing Prices
How much do homes in Wappingers Falls, NY cost?
Median Sold Price
$402,750
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
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
# BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $149.7K | +15.2% |
2 Bedrooms | $215K | $250K | +16.3% |
3 Bedrooms | $400K | $399.4K | -0.1% |
4 Bedrooms | $430.8K | $485K | +12.6% |
5+ Bedrooms | $578K | $570K | -1.4% |
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 | $390K | $402.7K | +3.3% |
Wappinger | $389.5K | $380K | -2.4% |
Housing Supply
How many homes are available in Wappingers Falls, NY?
Number of Homes For Sale
Jul 2023 | Aug 2023 | CHANGE |
---|---|---|
144 | 142 | -1.4% |
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
# BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 77 | 76 | -1.3% |
4 Bedrooms | 32 | 32 | 0.0% |
5+ Bedrooms | 10 | 9 | -10.0% |
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 2023 | Aug 2023 | CHANGE |
---|---|---|
31 | 37 | +19.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
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 2022 | Aug 2023 | CHANGE |
---|---|---|
41 Days | 66 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
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.