Is Yorktown, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$542,500
$235/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Yorktown have sold for 50.3% more than they did a month ago.
Summary: The median home sold price in Yorktown was $542,500 in March 2024, up 50.3% from last month, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $333K | $542.5K | +62.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Yorktown housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 62.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Yorktown | $361K | $542.5K | +50.3% |
| Newport News | $258K | $284.9K | +10.4% |
Housing Supply in Yorktown, VA
How many homes are available in Yorktown, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 156 | 156 | 0.0% |
Summary: The Yorktown real estate market had 156 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 62 | 51 | -17.7% |
| 4 Bedrooms | 48 | 52 | +8.3% |
| 5+ Bedrooms | 32 | 37 | +15.6% |
Summary: The Yorktown housing inventory by bedroom type for March 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 decreased by 17.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 15.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 29 | -38.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yorktown, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 29 homes were sold or pending in Yorktown in March 2024, down by 38.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 40 Days | +19.0% |
Summary: Homes in Yorktown had an average of 40 days on market in Mar 2024, up by 19% compared to last month.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 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 March 2024, 29 homes were sold in Yorktown; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
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