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 13,998 people, 5,675 houses or apartments, and a median cost of homes of $783,815, York house prices are not only among the most expensive in Maine, York real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in York, accounting for 81.71% of the town's housing units. Other types of housing that are prevalent in York include duplexes, homes converted to apartments or other small apartment buildings ( 10.01%), large apartment complexes or high rise apartments ( 4.99%), and a few mobile homes or trailers ( 2.32%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in York. Owner-occupied housing accounts for 80.10% of York's homes, and 64.19% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in York 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 York built before 1939 ( 20.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.13%). There's also some housing in York built between 2000 and later ( 16.29%).
A decent proportion of the York housing stock is seasonally occupied. That is, homes and condos in York are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the York housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in York have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.34%, which ranks in the top 30% nationwide. This equates to an annual average York house appreciation rate of 7.36%.
Appreciation rates are so strong in York that despite a nationwide downturn in the housing market, York real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, York appreciation rates continue to be some of the highest in America, at 11.61%, which is higher than appreciation rates in 98.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in York. York appreciation rates in the latest quarter were at 3.59%, which equates to an annual appreciation rate of 15.16%.
Importantly, this makes York 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 Maine, our data show that York's latest annual appreciation rate is higher than 70% of the other cities and towns in Maine.
$783,815
for Maine
for nation
5,675
$2,408 / per month