Yorktown Heights, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Yorktown Heights Neighborhoods Since 2000




Yorktown Heights, NY Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Yorktown Heights Housing Market Information

With 1,825 people, 632 houses or apartments, and a median cost of homes of $514,939, Yorktown Heights house prices are not only among the most expensive in New York, Yorktown Heights 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 Yorktown Heights, accounting for 77.85% of the town's housing units. Other types of housing that are prevalent in Yorktown Heights include duplexes, homes converted to apartments or other small apartment buildings ( 16.93%), large apartment complexes or high rise apartments ( 5.22%).

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 Heights. Owner-occupied housing accounts for 74.89% of Yorktown Heights's homes, and 71.36% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Yorktown Heights's housing was primarily built during this period, from the '40s through the '60s. A full 40.19% of the town's housing hails from this era. Other housing ages represented in Yorktown Heights include homes built between 1970-1999 ( 37.03%) and housing constructed before 1939 ( 18.51%). There's also some housing in Yorktown Heights built between 2000 and later ( 4.27%).

Yorktown Heights Home Appreciation Rates

Yorktown Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Yorktown Heights during the period has been just -1.44%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Yorktown Heights's appreciation rate, at 3.44%, has been at or slightly above the national average. In the latest quarter, Yorktown Heights's appreciation rate has been 0.66%, which annualizes to a rate of 2.68%.

Relative to New York, our data show that Yorktown Heights's latest annual appreciation rate is higher than 60% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Yorktown Heights differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Yorktown Heights - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Yorktown Heights real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$514,939

Yorktown Heights, NY HOME PRICES

Value Range
> $1,089,000 3.6
$817,001 - $1,089,000 8.3
$544,001 - $817,000 26.2
$436,001 - $544,000 26.7
$326,001 - $436,000 18.0
$218,001 - $326,000 14.6
$109,001 - $218,000 2.0
$55,001 - $109,000 0.0
$0 - $55,000 0.7

Very High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
5.57834290401969 15.712682379349

Number Of Homes And Apartments:
632

Yorktown Heights Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
47.87% 2.29% 4 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,341 / per month

Homeownership Rate

Homeownership
Owners 74.89
Renters 25.11
Vacant 0.00

Housing Market Details

 

Age of Homes

AGE OF Yorktown Heights HOMES
2000 or Newer 4.3
1970 - 1999 37.0
1940 - 1969 40.2
1939 or Older 18.5

Types of Homes

TYPE OF Yorktown Heights HOMES
Single-Family 77.8
Townhomes 0.0
Small Apt. Buildings 16.9
Apt. Complexes 5.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Yorktown Heights HOMES
No Bedroom 0.00
1 Bedroom 2.37
2 Bedrooms 19.62
3 Bedrooms 50.32
4 Bedrooms 21.04
5 or more bedrooms 6.65