Is York, VA 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 October 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, VA

How much do homes in York, VA cost?

Median Sold Price

$338,500

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,500(+16.7%)

Key Takeaway

Homes in York have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in York was $338,500 in October 2024, up 16.7% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K-
N/A
2 $245K$301K
+22.9%
3 $265K$360K
+35.8%
4 $399.9K$411.7K
+3.0%
5+ $396.2K$510K
+28.7%

Summary: York 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 increased by 22.9%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Cities

York
+16.7%
Hayes
+10.0%
Gloucester Point
+8.6%
Abingdon
+1.0%

Housing Supply in York, VA

How many homes are available in York, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5261+17.3%

Summary: The York real estate market had 61 homes for sale in October 2024, a 17.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2836
+28.6%
4 1517
+13.3%
5+ 55
0.0%

Summary: The York 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 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in York in October 2024, up by 22.2% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for York, VA

How long does it take to sell a home in York, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days32 Days+84.2%

Summary: Homes in York had an average of 32 days on market in Oct 2024, up by 84.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 11 homes were sold in York; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

Newest Listings in York, VA

Nearby Markets to York, VA

What housing markets are near York, VA?