Is York, PA 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, York has remained a Seller's Market.
Key Takeaway
York is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in York, PA
How much do homes in York, PA cost?
Median Sold Price
$235,093
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in York have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in York was $235,093 in April 2024, up 15.4% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.5K | $60K | -31.4% |
| 2 Bedrooms | $169K | $189.8K | +12.3% |
| 3 Bedrooms | $216.2K | $231.8K | +7.2% |
| 4 Bedrooms | $292.6K | $332K | +13.5% |
| 5+ Bedrooms | $144.9K | $175K | +20.7% |
Summary: York housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Cities
| York | $203.7K | $235K | +15.4% |
| West York | $149.9K | $164.5K | +9.7% |
| Spring Garden Township | $250K | $270K | +8.0% |
| Springettsbury Township | $250K | $265.7K | +6.3% |
| North York | $159.9K | $157.2K | -1.7% |
Housing Supply in York, PA
How many homes are available in York, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 540 | 535 | -0.9% |
Summary: The York real estate market had 535 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 63 | 49 | -22.2% |
| 3 Bedrooms | 243 | 227 | -6.6% |
| 4 Bedrooms | 157 | 173 | +10.2% |
| 5+ Bedrooms | 76 | 84 | +10.5% |
Summary: The York housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 10.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 166 | 135 | -18.7% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in York, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 135 homes were sold or pending in York in April 2024, down by 18.7% month-over-month. Of the 135 sold homes, 31% were sold under asking, 30% were sold at asking, and 39% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 28 Days | +78.3% |
Summary: Homes in York had an average of 28 days on market in Apr 2024, up by 78.3% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in York are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 135 homes were sold in York; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
