Is Yorkville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorkville is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Yorkville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Yorkville, NY

How much do homes in Yorkville, NY cost?

Median Sold Price

$1,053,250

$1,162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$71,750(-6.4%)

Key Takeaway

Homes in Yorkville have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Yorkville was $1,053,250 in November 2024, down 6.4% from last year, and the median price per square foot was $1,162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $650K$655K
+0.8%
2 $1.2M$1.2M
-1.7%
3 $2.1M$2.5M
+19.2%
4 $4.0M$2.9M
-28.7%
5+ $7.8M$6.6M
-14.7%

Summary: Yorkville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 19.2%, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes decreased by 14.7%.

Median Sold Price Compared To Nearby Neighborhoods

Upper East Side
+3.4%
Upper Manhattan
+1.5%
Carnegie Hill
-4.0%
Yorkville
-6.4%

Housing Supply in Yorkville, NY

How many homes are available in Yorkville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
328267-18.6%

Summary: The Yorkville real estate market had 267 homes for sale in November 2024, a 18.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 129107
-17.1%
2 9072
-20.0%
3 6649
-25.8%
4 3027
-10.0%
5+ 1312
-7.7%

Summary: The Yorkville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.1%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4718-61.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yorkville, expect to pay close to the asking price. 77.8% of homes here sold near the asking price last month.

Summary: A total of 18 homes were sold or pending in Yorkville in November 2024, down by 61.7% month-over-month. Of the 18 sold homes, 17% were sold under asking, 78% were sold at asking, and 6% were sold over asking.

Days on Market for Yorkville, NY

How long does it take to sell a home in Yorkville, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
142 Days158 Days+11.3%

Summary: Homes in Yorkville had an average of 158 days on market in Nov 2024, up by 11.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Yorkville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 18 homes were sold in Yorkville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

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