Is Yorkshire, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Yorkshire was a Buyer's Market.
Key Takeaway
Yorkshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Yorkshire, NY
How much do homes in Yorkshire, NY cost?
Median Sold Price
$173,565
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Yorkshire have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Yorkshire was $173,565 in May 2024, down 1.5% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.5K | $70.7K | -51.0% |
| 3 Bedrooms | $171.7K | $174.1K | +1.4% |
| 4 Bedrooms | $342.5K | $200K | -41.6% |
| 5+ Bedrooms | $151.5K | $195.8K | +29.2% |
Summary: Yorkshire housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 41.6%, and 5+ bedroom homes increased by 29.2%.
Median Sold Price Compared To Nearby Cities
| Delevan | $157.5K | $160K | +1.6% |
| Yorkshire | $176.2K | $173.5K | -1.5% |
Housing Supply in Yorkshire, NY
How many homes are available in Yorkshire, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Summary: The Yorkshire real estate market had 3 homes for sale in May 2024, a 50.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Yorkshire housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Yorkshire, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Yorkshire in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Yorkshire, NY
How long does it take to sell a home in Yorkshire, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 88 Days | 15 Days | -83.0% |
Summary: Homes in Yorkshire had an average of 15 days on market in May 2024, down by 83% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yorkshire are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Yorkshire; 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.
