Is York, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, York was a Seller's Market.
Housing Prices in York, PA
How much do homes in York, PA cost?
Median Sold Price
$236,450
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in York was $236,450 in February 2024, up 47.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87.5K | $60K | -31.4% |
2 Bedrooms | $122.5K | $185K | +51.0% |
3 Bedrooms | $179.9K | $235K | +30.6% |
4 Bedrooms | $180K | $334.7K | +86.0% |
5+ Bedrooms | $124.4K | $176.6K | +42.0% |
Summary: York housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 51%, 3 bedroom homes increased by 30.6%, 4 bedroom homes increased by 86%, and 5+ bedroom homes increased by 42%.
Median Sold Price Compared To Nearby Cities
York | $160K | $236.4K | +47.8% |
Spring Garden Township | $234.9K | $270K | +14.9% |
West York | $144.7K | $162K | +11.9% |
Springettsbury Township | $252.7K | $265K | +4.8% |
Housing Supply in York, PA
How many homes are available in York, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
782 | 739 | -5.5% |
Summary: The York real estate market had 739 homes for sale in February 2024, a 5.5% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 88 | 81 | -8.0% |
3 Bedrooms | 331 | 302 | -8.8% |
4 Bedrooms | 215 | 214 | -0.5% |
5+ Bedrooms | 146 | 140 | -4.1% |
Summary: The York housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 4.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
139 | 116 | -16.5% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 116 homes were sold or pending in York in February 2024, down by 16.5% month-over-month. Of the 116 sold homes, 43% were sold under asking, 28% were sold at asking, and 29% were sold over asking.
Days on Market for York, PA
How long does it take to sell a home in York, PA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
22 Days | 39 Days | +74.3% |
Summary: Homes in York had an average of 39 days on market in Feb 2024, up by 74.3% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During February 2024, 116 homes were sold in York; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.