Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 11,689, 4,653 total housing units (homes and apartments), and a median house value of $201,138, 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 90.67% of the town's housing units. Other types of housing that are prevalent in Yorktown include large apartment complexes or high rise apartments ( 3.63%), mobile homes or trailers ( 2.74%), and a few row houses and other attached homes ( 1.58%).
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 90.38% of Yorktown's homes, and 83.88% 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 ( 34.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.78%). There's also some housing in Yorktown built before 1939 ( 12.12%).
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 84.99%, which ranks in the top 50% nationwide. This equates to an annual average Yorktown house appreciation rate of 6.34%.
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 11.82%, which is higher than appreciation rates in 98.88% 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 3.00%, which equates to an annual appreciation rate of 12.57%.
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.
$201,138
for Indiana
for nation
4,653
$1,297 / per month