Is Yorkwood, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorkwood is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Yorkwood was a Seller's Market.

Key Takeaway

Yorkwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Yorkwood, AL

How much do homes in Yorkwood, AL cost?

Median Sold Price

$292,750

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,850(+4.6%)

Key Takeaway

Homes in Yorkwood have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Yorkwood was $292,750 in October 2024, up 4.6% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$190K
N/A
3 $200K$277.2K
+38.6%
4 $347.4K$379.9K
+9.3%
5+ $445K-
N/A

Summary: Yorkwood housing prices by bedroom type for October 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 38.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.

Housing Supply in Yorkwood, AL

How many homes are available in Yorkwood, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The Yorkwood real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 910
+11.1%
4 68
+33.3%
5+ 33
0.0%

Summary: The Yorkwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yorkwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Yorkwood in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Yorkwood, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Yorkwood, AL

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