Is Wappingers Falls, NY 12590 a buyer’s or seller’s market?
Wappingers Falls is a seller’s market. With about 2.9 months of supply and 64% 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 87% of U.S. ZIP codes, and #274 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 Wappingers Falls housing market right now
In the three months ending August 31, 2026, 64% of homes in Wappingers Falls, NY 12590 sold above their list price, the typical home went under contract in 33 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 54%, homes sold about as fast and the median sale price rose 3% to $519,775. Overall, Wappingers Falls is more competitive than a year ago, so tougher for buyers.
Within Dutchess County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 96%. On our competition score, Wappingers Falls ranks #274 of 649 NY ZIP codes with enough sales (score 82 out of 100).
Nearby, buyers who want less competition could look at Tivoli 12583 (0% sold over asking) or Stanfordville 12581 (0% sold over asking), while Verbank 12585 (75% sold over asking) is even more competitive.
Run the numbers for 12590
Nearby markets
Amenia 12501Buyer’s market $189 /sq ftBarrytown 12507 — /sq ftBeacon 12508Balanced $400 /sq ftChelsea 12512 — /sq ft Browse all markets →Towns like Wappingers Falls nearby
Find towns like Wappingers Falls in other states →Where Wappingers Falls is
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Questions about Wappingers Falls real estate
Is Wappingers Falls a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Wappingers Falls, NY 12590 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 Wappingers Falls?
The typical home went under contract in 33 days in the latest three months.
Do homes in Wappingers Falls sell over asking?
64% of homes sold above their original list price, and the typical sale closed at 103.3% of the list price.
What are property taxes in Wappingers Falls?
About 1.89% of a home’s value a year in Dutchess County, or roughly $7,560 on a $400,000 home.
What is the median home price in Wappingers Falls?
The median sale price was $519,775 in the three months ending August 31, 2026, about $280 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