Is York, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing York is a seller's market

Buyer's
Market

Difference Since November 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

$239,287

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,408(+1.9%)

Key Takeaway

Homes in York have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in York was $239,287 in November 2024, up 1.9% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $117.5K$139.9K
+19.1%
2 $182.9K$199.9K
+9.3%
3 $234.3K$237.1K
+1.2%
4 $332.6K$335.3K
+0.8%
5+ $171K$185K
+8.1%

Summary: York housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

West York
+12.5%
North York
+5.8%
York
+1.9%
Springettsbury Township
-0.6%
Spring Garden Township
-3.6%

Housing Supply in York, PA

How many homes are available in York, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
630544-13.7%

Summary: The York real estate market had 544 homes for sale in November 2024, a 13.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 7178
+9.9%
3 278236
-15.1%
4 199162
-18.6%
5+ 7764
-16.9%

Summary: The York housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 9.9%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 16.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
195165-15.4%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

62 Homes Were Sold
At Asking

48 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York, expect to pay close to the asking price. 37.6% of homes here sold near the asking price last month.

Summary: A total of 165 homes were sold or pending in York in November 2024, down by 15.4% month-over-month. Of the 165 sold homes, 33% were sold under asking, 38% were sold at asking, and 29% 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

Nov 2023Nov 2024CHANGE
23 Days24 Days+7.2%

Summary: Homes in York had an average of 24 days on market in Nov 2024, up by 7.2% compared to last year.

Breakdown of Home Sale Times

119 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in York are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 165 homes were sold in York; 72% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% 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 17 Days Ago

Newest Listings in York, PA

Nearby Markets to York, PA

What housing markets are near York, PA?