Market Overview
Home Prices in Wappingers Falls, NY
The median home value in Wappingers Falls, NY is $504,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wappingers Falls are priced23% above average. Wappingers Falls is part of the Poughkeepsie-Newburgh-Middletown, NY metro area.
Over the past five years, Wappingers Falls home values have risen by approximately33.2%, reflecting strong long-term appreciation in this market.
Price History
Wappingers Falls Home Price Trend
City Comparison
Wappingers Falls vs. National Median
At $504,929, homes in Wappingers Falls cost 23% above the national median of $410,000. Buyers in Wappingers Falls should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wappingers Falls?
20% Down Payment
$100,986
on $504,929
Monthly P&I
$2,633/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,344/mo
incl. taxes & insurance
Income Needed
$133,760
gross annual (30% rule)
10% Down Option
$50,493
+ PMI applies
Loan Amount (20% dn)
$403,943
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wappingers Falls, NY?
The median home value in Wappingers Falls is $504,929 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Wappingers Falls?
Over the past year, home values in Wappingers Falls have increased by 5.4%. Over five years, prices have risen approximately 33.2%.
How much do I need to earn to buy a home in Wappingers Falls?
To comfortably afford the median home price of $504,929 with a 20% down payment ($100,986) at today's rates (6.8%), you'd need a gross annual income of approximately $133,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Wappingers Falls compare to the national average home price?
The national median home value is approximately $410,000. At $504,929, homes in Wappingers Falls are 23% above the national average.
What metro area is Wappingers Falls part of?
Wappingers Falls is part of the Poughkeepsie-Newburgh-Middletown, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.