Wallkill, NY—12589
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wallkill, NY
As of Oct '25, the median home price in Wallkill, NY is $467,000, with a year-over-year change of 2.9%. This indicates that home prices in Wallkill, NY are increasing. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $467,000 | 2.9% |
| Single Family | $467,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $337,000 | 1.5% |
3 Bed | $450,000 | 2.5% |
4 Bed | $563,000 | 3.9% |
| 5 Bed | $529,000 | 3.7% |
% of Housing Stock
Rental Trends — Wallkill, NY
As of July '25, Rentcast reports the average rent in Wallkill, NY is $2,350, with a year-over-year rent change of 1.3%. Per bedroom, the median rent as of July '25 in Wallkill, NY is 1-bedrooms: $1,590, 2-bedrooms: $2,950, 3-bedrooms: $2,590. The most common rental property sizes in Wallkill, NY are 2-bedroom and 3-bedroom, accounting for 49.8% and 16.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,590 |
| 2 Bed Rent | $2,400 | $2,950 |
| 3 Bed Rent | $2,400 | $2,590 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wallkill, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Wallkill, NY is 73. This is a increase of 47.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $596,000 | 8.0% |
Listing Count | 60 | 33.0% |
| Listings as % of Homes | 0.7% | 33.0% |
Days on Market | 73 | 47.0% |
Demographics — Wallkill, NY
As of the latest ACS Survey released in 2023, Wallkill, NY has a population of 19,600, which has increased by 15.4% over the past 5 years. Wallkill, NY is a moderately popular place for families, as children make up 17.2% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | 15.4% |
% Under 18 | 17.2% | -1.7% |
% Seniors | 11.1% | -4.3% |
% WFH | 11.1% | 60.9% |
% w/ College Degree | 22.9% | -5.0% |
As of the latest ACS Survey released in 2023, Wallkill, NY is a predominantly white area, with 63.5% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Wallkill, NY is hispanic, making up 19.6% of the population. Foreign-born residents account for 8.3% of the population in Wallkill, NY, and this percentage has decreased by 2.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.5% | -7.3% |
% Black | 10.0% | 7.5% |
% Hispanic | 19.6% | 4.3% |
% Asian | 0.9% | -62.5% |
% Foreign Born | 8.3% | -2.4% |
Mortgage and Risk — Wallkill, NY
According to HUD data as of 2023, there were 344 mortgage originations in Wallkill, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Wallkill, NY. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 344 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Wallkill, NY
Wallkill, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,500 | $1,280 |
| 2 Bedroom | -$750 | $2,400 | $1,650 |
| 3 Bedroom | -$310 | $2,400 | $2,090 |
| 4 Bedroom | N/A | N/A | $2,310 |
Affordability — Wallkill, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $467,000 |
| Median Household Income | $118,000 |