Is Wallkill, NY 12589 a buyer’s or seller’s market?
Wallkill is a seller’s market. With about 3.4 months of supply and 55% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 77% of U.S. ZIP codes, and #345 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wallkill housing market right now
In the three months ending August 31, 2026, 55% of homes in Wallkill, NY 12589 sold above their list price, the typical home went under contract in 42 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 44%, homes sold more slowly (30 days then) and the median sale price rose 6% to $504,832. Overall, Wallkill is more competitive than a year ago, so tougher for buyers.
Within Ulster County, homes here sell more slowly than in 51% of the county’s ZIP codes, and sell more often over asking than in 84%. On our competition score, Wallkill ranks #345 of 649 NY ZIP codes with enough sales (score 73 out of 100).
Nearby, buyers who want less competition could look at Claryville 12725 (0% sold over asking) or Clintondale 12515 (0% sold over asking), while Boiceville 12412 (100% sold over asking) and Shokan 12481 (100% sold over asking) are even more competitive.
Run the numbers for 12589
Nearby markets
Accord 12404Balanced $282 /sq ftArkville 12406 — /sq ftBearsville 12409Seller’s market $507 /sq ftBig Indian 12410Buyer’s market $225 /sq ft Browse all markets →Towns like Wallkill nearby
Find towns like Wallkill in other states →Where Wallkill is
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Questions about Wallkill real estate
Is Wallkill a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Wallkill, NY 12589 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wallkill?
The typical home went under contract in 42 days in the latest three months.
Do homes in Wallkill sell over asking?
55% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.
What are property taxes in Wallkill?
About 1.77% of a home’s value a year in Ulster County, or roughly $7,080 on a $400,000 home.
What is the median home price in Wallkill?
The median sale price was $504,832 in the three months ending August 31, 2026, about $261 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology