Is Yorktown, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Yorktown has remained a Seller's Market.
Key Takeaway
Yorktown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yorktown, NY
How much do homes in Yorktown, NY cost?
Median Sold Price
$588,333
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Yorktown have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Yorktown was $588,333 in May 2024, up 3.6% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $247K | $290K | +17.4% |
| 2 Bedrooms | $410K | $422.5K | +3.0% |
| 3 Bedrooms | $575K | $600K | +4.3% |
| 4 Bedrooms | $698.2K | $749.5K | +7.3% |
| 5+ Bedrooms | $745.1K | $755K | +1.3% |
Summary: Yorktown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Yorktown | $568K | $588.3K | +3.6% |
| Yorktown Heights | $575K | $591.8K | +2.9% |
| Mohegan Lake | $450K | $440K | -2.2% |
Housing Supply in Yorktown, NY
How many homes are available in Yorktown, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 144 | 158 | +9.7% |
Summary: The Yorktown real estate market had 158 homes for sale in May 2024, a 9.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 17 | -5.6% |
| 2 Bedrooms | 23 | 25 | +8.7% |
| 3 Bedrooms | 55 | 70 | +27.3% |
| 4 Bedrooms | 35 | 34 | -2.9% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Yorktown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 30 | +42.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yorktown, you could pay more than the asking price. 76.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Yorktown in May 2024, up by 42.9% month-over-month. Of the 30 sold homes, 20% were sold under asking, 3% were sold at asking, and 77% were sold over asking.
Days on Market for Yorktown, NY
How long does it take to sell a home in Yorktown, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 30 Days | -13.1% |
Summary: Homes in Yorktown had an average of 30 days on market in May 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Yorktown are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 30 homes were sold in Yorktown; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.