Is Yorktown, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Yorktown was a Buyer's Market.
Housing Prices in Yorktown, VA
How much do homes in Yorktown, VA cost?
Median Sold Price
$452,950
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Yorktown was $452,950 in May 2024, down 1.1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $194K | $208K | +7.2% |
3 Bedrooms | $322.2K | $335K | +4.0% |
4 Bedrooms | $596.9K | $520K | -12.9% |
5+ Bedrooms | $569K | $625K | +9.8% |
Summary: Yorktown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
Gloucester Point | $290K | $327.5K | +12.9% |
Yorktown | $457.9K | $452.9K | -1.1% |
Housing Supply in Yorktown, VA
How many homes are available in Yorktown, VA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
171 | 198 | +15.8% |
Summary: The Yorktown real estate market had 198 homes for sale in May 2024, a 15.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 67 | 80 | +19.4% |
4 Bedrooms | 56 | 68 | +21.4% |
5+ Bedrooms | 37 | 37 | 0.0% |
Summary: The Yorktown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 43 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Yorktown in May 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Yorktown, VA
How long does it take to sell a home in Yorktown, VA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 18 Days | +38.5% |
Summary: Homes in Yorktown had an average of 18 days on market in May 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Yorktown; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.