Wallkill, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wallkill Neighborhoods Since 2000




Wallkill, NY Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Wallkill Housing Market Information

With 2,263 people, 871 houses or apartments, and a median cost of homes of $234,189, 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 61.49% of the town's housing units. Other types of housing that are prevalent in Wallkill include large apartment complexes or high rise apartments ( 20.08%), duplexes, homes converted to apartments or other small apartment buildings ( 18.43%).

The most prevalent building size and type in Wallkill are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.68% owning and 44.32% renting.

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 ( 37.27%). A lesser amount of the housing stock also hails from before 1939 ( 19.05%). There's also some housing in Wallkill built between 2000 and later ( 2.28%).

Wallkill Home Appreciation Rates

Homes have actually lost value in Wallkill over the last then years, as home values have seen a decline of 24.94% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Wallkill home appreciation rates at -2.15%, which equates to an annual appreciation rate of -8.33%.

NeighborhoodScout's data show that during the latest twelve months, Wallkill's appreciation rate, at 5.14%, has been at or slightly above the national average. In the latest quarter, Wallkill's appreciation rate has been -2.15%, which annualizes to a rate of -8.33%.

Notably, Wallkill's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Wallkill's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$234,189

Wallkill, NY HOME PRICES

Value Range
> $1,001,000 1.2
$751,001 - $1,001,000 0.0
$501,001 - $751,000 2.6
$400,001 - $501,000 1.4
$300,001 - $400,000 15.0
$200,001 - $300,000 41.0
$100,001 - $200,000 35.1
$50,001 - $100,000 1.1
$0 - $50,000 2.6

High for NY
High for Nation

Value Relative to Nation Value Relative to State
25.0615258408532 38.6083052749719

Number Of Homes And Apartments:
871

Wallkill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
42.93% 2.09% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,203 / per month

Homeownership Rate

Homeownership
Owners 55.68
Renters 44.32
Vacant 9.83

Housing Market Details

 

Age of Homes

AGE OF Wallkill HOMES
2000 or Newer 2.3
1970 - 1999 41.4
1940 - 1969 37.3
1939 or Older 19.0

Types of Homes

TYPE OF Wallkill HOMES
Single-Family 61.5
Townhomes 0.0
Small Apt. Buildings 18.4
Apt. Complexes 20.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Wallkill HOMES
No Bedroom 0.00
1 Bedroom 28.16
2 Bedrooms 13.56
3 Bedrooms 29.50
4 Bedrooms 14.39
5 or more bedrooms 14.39