Is Yorktown, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Yorktown has remained a Seller's Market.
Key Takeaway
Yorktown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yorktown, VA
How much do homes in Yorktown, VA cost?
Median Sold Price
$1,369,750
$480/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Yorktown have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Yorktown was $1,369,750 in April 2024, up 13.2% from last year, and the median price per square foot was $480.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $717.5K | - | N/A |
| 2 Bedrooms | - | $915K | N/A |
| 3 Bedrooms | $982.5K | $1.0M | +7.5% |
| 4 Bedrooms | $1.1M | $1.3M | +11.2% |
| 5+ Bedrooms | $1.9M | $1.8M | -5.0% |
Summary: Yorktown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Neighborhoods
| Yorktown | $1.2M | $1.3M | +13.2% |
| Williamsburg | $1.7M | $1.6M | -1.4% |
| Rock Spring | $1.6M | $1.5M | -4.7% |
| Leeway Overlee | $1.1M | $1.0M | -13.1% |
Housing Supply in Yorktown, VA
How many homes are available in Yorktown, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Yorktown real estate market had 9 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Yorktown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yorktown, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Yorktown in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Yorktown, VA
How long does it take to sell a home in Yorktown, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 4 Days | +22.7% |
Summary: Homes in Yorktown had an average of 4 days on market in Apr 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yorktown are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Yorktown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
