Is Yorktown, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorktown is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Yorktown has remained a Seller's Market.

Key Takeaway

Yorktown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Yorktown, VA

How much do homes in Yorktown, VA cost?

Median Sold Price

$375,000

$228/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$111,000(-22.8%)

Key Takeaway

Homes in Yorktown have sold for 22.8% less than they did a month ago.

Summary: The median home sold price in Yorktown was $375,000 in October 2024, down 22.8% from last month, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $404.9K$280K
-30.8%
4 $498K$428.5K
-14.0%
5+ $665.7K$720K
+8.1%

Summary: Yorktown housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.8%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Poquoson
+75.6%
Newport News
-2.3%
Yorktown
-22.8%

Housing Supply in Yorktown, VA

How many homes are available in Yorktown, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
199201+1.0%

Summary: The Yorktown real estate market had 201 homes for sale in October 2024, a 1.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1422
+57.1%
3 7269
-4.2%
4 7675
-1.3%
5+ 3735
-5.4%

Summary: The Yorktown 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 increased by 57.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 5.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4647+2.2%

Asking Price vs. Sold Price

5 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 Yorktown, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in Yorktown in October 2024, up by 2.2% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Yorktown, VA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days30 Days+13.1%

Summary: Homes in Yorktown had an average of 30 days on market in Oct 2024, up by 13.1% compared to last month.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 47 homes were sold in Yorktown; 60% of homes were sold within 30 days, 32% 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 20 Days Ago

Newest Listings in Yorktown, VA

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