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 27 Days Ago

Newest Listings in York, PA

Nearby Markets to York, PA

What housing markets are near York, PA?