Is Yonkers, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yonkers is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Yonkers has remained a Seller's Market.

Key Takeaway

Yonkers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Yonkers, NY cost?

Median Sold Price

$476,040

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$26,079(+5.8%)

Key Takeaway

Homes in Yonkers have sold for 5.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $152K$162K
+6.6%
2 $244K$258.9K
+6.1%
3 $525K$567.8K
+8.2%
4 $605K$650K
+7.4%
5+ $699.5K$739K
+5.6%

Median Sold Price Compared To Nearby Cities

Mount Vernon
+12.8%
Yonkers
+5.8%
Eastchester
0.2%
Bronxville
-0.8%
Tuckahoe
-11.1%

How many homes are available in Yonkers, NY?

Number of Homes For Sale

Nov 2021Dec 2021%
960904-5.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 246239
-2.8%
2 244235
-3.7%
3 207178
-14.0%
4 121116
-4.1%
5+ 142136
-4.2%

Number of Homes Sold

Nov 2021Dec 2021%
135156+15.6%

Asking Price vs. Sold Price

78 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

57 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yonkers, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
47 Days58 Days+23.4%

Breakdown of Home Sale Times

61 Homes Were Sold
Under 30 Days

61 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yonkers are selling fast, if you're buying plan to act quickly.

About Yonkers, NY

Yonkers, NY has 904 homes for sale to choose from. Between November 2021 and December 2021, Yonkers, NY real estate market has seen decrease in the number of listings by 5.8%. While the average time on the market in December 2021 was 58 days, the median list price was $476,040. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 6.6%, 2 bedrooms properties prices increased by 6.1%, prices of 3 bedrooms properties increased by 8.2%, 4 bedrooms properties prices increased by 7.4%, the cost of 5 bedrooms properties went up by 5.6%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went down by 2.8%, 2 bedrooms homes became 3.7% less available, the quantity of 3 bedrooms homes went down by 14%, volume of 4 bedrooms homes went down by 4.1%, 5 bedrooms homes became 4.2% less available. Yonkers, NY housing market in December 2021 saw over 57 listings sold above listed price, more than 21 sold at listed price and over 78 sold below.

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