Yorktown, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Yorktown, IN Real Estate Data


Yorktown Housing Market Information

With 11,231 people, 4,410 houses or apartments, and a median cost of homes of $136,583, house prices in Yorktown are solidly below the national average.

Single-family detached homes are the single most common housing type in Yorktown, accounting for 84.25% of the town's housing units. Other types of housing that are prevalent in Yorktown include large apartment complexes or high rise apartments ( 7.73%), row houses and other attached homes ( 4.44%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.37%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Yorktown. Owner-occupied housing accounts for 78.67% of Yorktown's homes, and 70.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Yorktown built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Yorktown built between 1940-1969 ( 36.11%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.65%). There's also some housing in Yorktown built before 1939 ( 10.40%).

Yorktown Home Appreciation Rates

Appreciation rates for homes in Yorktown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.16%, which ranks in the top 50% nationwide. This equates to an annual average Yorktown house appreciation rate of 0.31%.

Appreciation rates are so strong in Yorktown that despite a nationwide downturn in the housing market, Yorktown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Yorktown appreciation rates continue to be some of the highest in America, at 7.71%, which is higher than appreciation rates in 89.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Yorktown. Yorktown appreciation rates in the latest quarter were at 8.94%, which equates to an annual appreciation rate of 40.86%.

Importantly, this makes Yorktown one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Indiana, our data show that Yorktown's latest annual appreciation rate is higher than 90% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$136,583

Yorktown, IN HOME PRICES

Value Range
> $1,124,000 0.2
$843,001 - $1,124,000 0.0
$562,001 - $843,000 0.0
$449,001 - $562,000 1.7
$337,001 - $449,000 5.8
$225,001 - $337,000 10.0
$112,001 - $225,000 44.6
$56,001 - $112,000 29.3
$0 - $56,000 8.4

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
57.3929847162851 39.3665158371041

Number Of Homes And Apartments:
4,410

Rent & Ownership

 

Average Market Rent:
$866 / per month

Homeownership Rate

Homeownership
Owners 78.67
Renters 21.33
Vacant 5.00

Housing Market Details

 

Age of Homes

AGE OF Yorktown HOMES
2000 or Newer 14.6
1970 - 1999 38.8
1940 - 1969 36.1
1939 or Older 10.4

Types of Homes

TYPE OF Yorktown HOMES
Single-Family 84.3
Townhomes 4.4
Small Apt. Buildings 2.4
Apt. Complexes 7.7
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Yorktown HOMES
No Bedroom 1.10
1 Bedroom 3.92
2 Bedrooms 22.32
3 Bedrooms 52.69
4 Bedrooms 17.47
5 or more bedrooms 2.50

Yorktown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
8.67% 0.49% 2 1
* 10 is highest

Popular Neighborhoods in Yorktown

Zip Codes in Yorktown, IN