Is York, VA 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 August 2023

At the same time last year, York was a Buyer'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, VA

How much do homes in York, VA cost?

Median Sold Price

$338,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$33,500(+11.0%)

Key Takeaway

Homes in York have sold for 11% more than they did a year ago.

Summary: The median home sold price in York was $338,500 in August 2024, up 11% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $165K-
N/A
2 $200K$303K
+51.5%
3 $285K$337.5K
+18.4%
4 $399K$414.2K
+3.8%
5+ $387.5K$450K
+16.1%

Summary: York housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.5%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Cities

York
+11.0%
Abingdon
+9.1%
Hayes
+8.3%
Gloucester Point
+5.8%

Housing Supply in York, VA

How many homes are available in York, VA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
5468+25.9%

Summary: The York real estate market had 68 homes for sale in August 2024, a 25.9% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 3037
+23.3%
4 1118
+63.6%
5+ 65
-16.7%

Summary: The York housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in York in August 2024, up by 57.1% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for York, VA

How long does it take to sell a home in York, VA?

Average Sale Time

Aug 2023Aug 2024CHANGE
10 Days49 Days+379.5%

Summary: Homes in York had an average of 49 days on market in Aug 2024, up by 379.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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 August 2024, 11 homes were sold in York; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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 12 Days Ago

Newest Listings in York, VA

Nearby Markets to York, VA

What housing markets are near York, VA?