Wappingers Falls, NY—12590
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wappingers Falls, NY
Wappingers Falls, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $482,000 | 4.8% |
| Single Family | $491,000 | 4.7% |
| Condos | $235,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $190,000 | 3.8% |
2 Bed | $368,000 | 4.5% |
3 Bed | $477,000 | 4.8% |
4 Bed | $551,000 | 5.0% |
| 5 Bed | $594,000 | 4.9% |
% of Housing Stock
Rental Trends — Wappingers Falls, NY
As of July '25, Rentcast reports the average rent in Wappingers Falls, NY is $2,730, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Wappingers Falls, NY is 1-bedrooms: $1,900, 2-bedrooms: $2,240, 3-bedrooms: $3,690, 4-bedrooms: $4,260. The most common rental property sizes in Wappingers Falls, NY are 2-bedroom and 1-bedroom, accounting for 41.9% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,840 | $1,900 |
| 2 Bed Rent | $2,400 | $2,240 |
| 3 Bed Rent | $3,100 | $3,690 |
| 4 Bed Rent | $4,000 | $4,260 |
% of Rental Stock
Property Listings — Wappingers Falls, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Wappingers Falls, NY is 40. This is a increase of 45.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $532,000 | 13.0% |
Listing Count | 118 | 77.0% |
| Listings as % of Homes | 0.8% | 77.0% |
Days on Market | 40 | 45.0% |
Demographics — Wappingers Falls, NY
As of the latest ACS Survey released in 2023, Wappingers Falls, NY has a population of 35,800, which has increased by 3.2% over the past 5 years. Wappingers Falls, NY is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,800 | 3.2% |
% Under 18 | 17.0% | -11.5% |
% Seniors | 20.8% | 31.6% |
% WFH | 14.1% | 171.2% |
% w/ College Degree | 36.1% | 2.3% |
As of the latest ACS Survey released in 2023, Wappingers Falls, NY is a predominantly white area, with 65.6% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Wappingers Falls, NY is hispanic, making up 18.3% of the population. Foreign-born residents account for 12.4% of the population in Wappingers Falls, NY, and this percentage has increased by 0.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 65.6% | -5.2% |
% Black | 8.3% | 33.9% |
% Hispanic | 18.3% | 7.6% |
% Asian | 4.2% | -25.0% |
% Foreign Born | 12.4% | 0.8% |
Mortgage and Risk — Wappingers Falls, NY
According to HUD data as of 2023, there were 554 mortgage originations in Wappingers Falls, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Wappingers Falls, NY. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 554 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Wappingers Falls, NY
As of 2024, the percent of homes in Wappingers Falls, NY under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Wappingers Falls, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 282 |
Total Units Section 8 | 268 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,840 | $1,600 |
| 2 Bedroom | -$350 | $2,400 | $2,050 |
| 3 Bedroom | -$490 | $3,100 | $2,610 |
| 4 Bedroom | -$1,170 | $4,000 | $2,830 |
Affordability — Wappingers Falls, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $482,000 |
| Median Household Income | $98,300 |