Is York, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, York has remained a Seller's Market.
Key Takeaway
York is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in York, PA
How much do homes in York, PA cost?
Median Sold Price
$234,953
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in York have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in York was $234,953 in June 2024, up 6.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.5K | $60K | -41.5% |
| 2 Bedrooms | $173.9K | $195K | +12.1% |
| 3 Bedrooms | $222.8K | $234.9K | +5.5% |
| 4 Bedrooms | $330K | $330K | 0.0% |
| 5+ Bedrooms | $164K | $170K | +3.7% |
Summary: York housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.5%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| York | $219.9K | $234.9K | +6.8% |
| Spring Garden Township | $251K | $264.9K | +5.6% |
| West York | $157K | $164K | +4.5% |
| Springettsbury Township | $260K | $265K | +1.9% |
| North York | $165K | $140K | -15.2% |
Housing Supply in York, PA
How many homes are available in York, PA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 626 | 614 | -1.9% |
Summary: The York real estate market had 614 homes for sale in June 2024, a 1.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 72 | 63 | -12.5% |
| 3 Bedrooms | 292 | 282 | -3.4% |
| 4 Bedrooms | 187 | 194 | +3.7% |
| 5+ Bedrooms | 73 | 71 | -2.7% |
Summary: The York housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 2.7%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 199 | 173 | -13.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
75 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in York, you could pay more than the asking price. 43.4% of homes here sold above asking price last month.
Summary: A total of 173 homes were sold or pending in York in June 2024, down by 13.1% month-over-month. Of the 173 sold homes, 25% were sold under asking, 32% were sold at asking, and 43% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 14 Days | 20 Days | +40.8% |
Summary: Homes in York had an average of 20 days on market in Jun 2024, up by 40.8% compared to last year.
Breakdown of Home Sale Times
148 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in York are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 173 homes were sold in York; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
