Commercial Real Estate Market in Wappingers Falls, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
70 active listings and 549 off-market properties in Wappingers Falls, NY. Commercial property asks $119/SF to buy and $37.76/SF/Yr to lease.
Market Trends
Wappingers Falls, NY spans 34.8 square miles in Dutchess County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Wappingers Falls, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Wappingers Falls, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Wappingers Falls, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Wappingers Falls, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Wappingers Falls, NY has 37,051 residents in 14,563 households. Density runs 1,064 people per square mile. Median household income here is $98,252 and median gross rent $1,674 a month.
37,051
Population
14,563
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
34.8 sq mi
ZIP Area
1,064
Density / Sq Mi
$98,252
Median Household Income
$52,861
Median Earnings
$1,674
Median Rent
$365,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| New Hamburg | — | $37.76 |
| Fishkill | — | — |
| Marlborough | — | — |
Commercial property in Wappingers Falls, NY asks $119/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wappingers Falls?
Commercial property in Wappingers Falls, NY asks an average of $119 per square foot. The 7 most recent recorded sales traded at a median of $159/SF.
How much does it cost to lease commercial space in Wappingers Falls?
Asking lease rates in Wappingers Falls, NY average $37.76 per square foot per year.
Where does Realmo's Wappingers Falls market data come from?
Realmo compiles Wappingers Falls, NY figures from 7 recent recorded sales, 49 active sale listings, 21 active lease listings, 549 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 49 active for-sale and 21 active for-lease listings in Wappingers Falls, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
