Is York, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing York is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, York was a Seller's Market.

Key Takeaway

York 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 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

+$76,450(+47.8%)

Key Takeaway

Homes in York have sold for 47.8% more than they did a year ago.

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

# BEDSFeb 2023Feb 2024CHANGE
1 $87.5K$60K
-31.4%
2 $122.5K$185K
+51.0%
3 $179.9K$235K
+30.6%
4 $180K$334.7K
+86.0%
5+ $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
+47.8%
Spring Garden Township
+14.9%
West York
+11.9%
Springettsbury Township
+4.8%

Housing Supply in York, PA

How many homes are available in York, PA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
782739-5.5%

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

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 8881
-8.0%
3 331302
-8.8%
4 215214
-0.5%
5+ 146140
-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 2024Feb 2024CHANGE
139116-16.5%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.

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 2023Feb 2024CHANGE
22 Days39 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in York, PA

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