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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Wallkill, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Wallkill, NY Housing Market Trends

With 2,166 people, 809 houses or apartments, and a median cost of homes of $514,509, Wallkill real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Wallkill, accounting for 65.84% of the town's housing units. Other types of housing that are prevalent in Wallkill include duplexes, homes converted to apartments or other small apartment buildings ( 17.19%), large apartment complexes or high rise apartments ( 11.88%), and a few mobile homes or trailers ( 4.64%).

People in Wallkill primarily live in small (one, two or no bedroom) single-family detached homes. Wallkill has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Wallkill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Wallkill built between 1940-1969 ( 28.05%). A lesser amount of the housing stock also hails from before 1939 ( 17.53%). There's also some housing in Wallkill built between 2000 and later ( 14.93%).

Wallkill Home Appreciation Rates

In the last 10 years, Wallkill has experienced some of the highest home appreciation rates of any community in the nation. Wallkill real estate appreciated 118.84% over the last ten years, which is an average annual home appreciation rate of 8.15%, putting Wallkill in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Wallkill definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Wallkill that despite a nationwide downturn in the housing market, Wallkill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wallkill appreciation rates continue to be some of the highest in America, at 19.96%, which is higher than appreciation rates in 99.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wallkill. Wallkill appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.38%.

Relative to New York, our data show that Wallkill's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.

Average Home Values

Median Home Value

$514,509

Wallkill, NY Home Prices
> $1,643,000
$1,232,001 - $1,643,000
$821,001 - $1,232,000
$657,001 - $821,000
$493,001 - $657,000
$328,001 - $493,000
$164,001 - $328,000
$82,001 - $164,000
$0 - $82,000
0.0%
0.0%
2.3%
2.3%
7.9%
7.9%
21.6%
21.6%
17.7%
17.7%
40.1%
40.1%
9.6%
9.6%
0.0%
0.0%
0.8%
0.8%
0% 100.0%
% of Homes
High

for New york

Very High

for nation

Number of Homes And Apartments:

809

Wallkill Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,885 / per month

Homeownership Rate

Owners
Renters
63.8%
63.8%
36.2%
36.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.5%
8.5%
91.5%
91.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.9%
14.9%
39.5%
39.5%
28.1%
28.1%
17.5%
17.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.8%
65.8%
0.5%
0.5%
17.2%
17.2%
11.9%
11.9%
4.6%
4.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
15.2%
15.2%
38.6%
38.6%
31.3%
31.3%
13.5%
13.5%
1.5%
1.5%
0% 100.0%
% of Homes