Is Wappinger, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wappinger was a Seller's Market.
Housing Prices in Wappinger, NY
How much do homes in Wappinger, NY cost?
Median Sold Price
$425,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wappinger was $425,000 in April 2024, up 16.2% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $160K | +14.3% |
2 Bedrooms | $222.2K | $230K | +3.5% |
3 Bedrooms | $386.2K | $430K | +11.3% |
4 Bedrooms | $440K | $485K | +10.2% |
5+ Bedrooms | $533K | $517.5K | -2.9% |
Summary: Wappinger housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
Hopewell Junction | $457K | $539.3K | +18.0% |
Wappinger | $365.6K | $425K | +16.2% |
Wappingers Falls | $385K | $435.4K | +13.1% |
East Fishkill | $498.7K | $559.6K | +12.2% |
La Grange | $419K | $455K | +8.6% |
Housing Supply in Wappinger, NY
How many homes are available in Wappinger, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 73 | +19.7% |
Summary: The Wappinger real estate market had 73 homes for sale in April 2024, a 19.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 16 | 19 | +18.8% |
3 Bedrooms | 27 | 31 | +14.8% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Wappinger housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 9 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Wappinger in April 2024, down by 40.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 69 Days | +4.4% |
Summary: Homes in Wappinger had an average of 69 days on market in Apr 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Wappinger; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.