Is Yorktown Heights, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorktown Heights is a neutral's market

Buyer's
Market

Difference Since March 2023

Since last year, Yorktown Heights has remained a Neutral Market.

Key Takeaway

Yorktown Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Yorktown Heights, NY

How much do homes in Yorktown Heights, NY cost?

Median Sold Price

$582,000

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$12,500(+2.2%)

Key Takeaway

Homes in Yorktown Heights have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Yorktown Heights was $582,000 in March 2024, up 2.2% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $250K$302K
+20.8%
2 $397K$422.5K
+6.4%
3 $575K$600K
+4.3%
4 $699K$713K
+2.0%
5+ $736.2K$755K
+2.6%

Summary: Yorktown Heights housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Yorktown
+4.0%
Yorktown Heights
+2.2%

Housing Supply in Yorktown Heights, NY

How many homes are available in Yorktown Heights, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6981+17.4%

Summary: The Yorktown Heights real estate market had 81 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 711
+57.1%
2 1313
0.0%
3 2325
+8.7%
4 2324
+4.3%
5+ 38
+166.7%

Summary: The Yorktown Heights housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 166.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yorktown Heights, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Yorktown Heights in March 2024, down by 18.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.

Days on Market for Yorktown Heights, NY

How long does it take to sell a home in Yorktown Heights, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days58 Days+9.9%

Summary: Homes in Yorktown Heights had an average of 58 days on market in Mar 2024, up by 9.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 13 homes were sold in Yorktown Heights; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Yorktown Heights, NY

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What housing markets are near Yorktown Heights, NY?