Yorktown, VA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Yorktown Neighborhoods Since 2000




Yorktown, VA 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 Housing Market Information

With a population of 198, 94 total housing units (homes and apartments), and a median house value of $268,775, Yorktown real estate prices are well above average cost compared to national prices.

Row houses and other attached homes are the single most common housing type in Yorktown, accounting for 35.24% of the town's housing units. Other types of housing that are prevalent in Yorktown include single-family detached homes ( 32.38%), duplexes, homes converted to apartments or other small apartment buildings ( 18.10%), and a few large apartment complexes or high rise apartments ( 14.29%). This particular housing mix is relatively uncommon and characteristic of towns that are compact and walkable, and which often have a lively downtown.

The most prevalent building size and type in Yorktown are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The town has a mixture of owners and renters, with 48.94% owning and 51.06% renting.

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 before 1939 ( 23.81%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.24%).

Vacant housing appears to be an issue in Yorktown. Fully 10.48% of the housing stock is classified as vacant. Left unchecked, vacant Yorktown homes and apartments can be a drag on the real estate market, holding Yorktown real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

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 1.79%, which ranks in the top 50% nationwide. This equates to an annual average Yorktown house appreciation rate of 0.18%.

NeighborhoodScout's data show that during the latest twelve months, Yorktown's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Yorktown's appreciation rate has been -0.63%, which annualizes to a rate of -2.48%.

Notably, Yorktown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Virginia, our data show that Yorktown's latest annual appreciation rate is higher than 70% of the other cities and towns in Virginia.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Yorktown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Yorktown - 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 real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$268,775

Yorktown, VA HOME PRICES

Value Range
> $1,082,000 0.7
$811,001 - $1,082,000 0.5
$541,001 - $811,000 1.6
$433,001 - $541,000 5.7
$325,001 - $433,000 17.1
$216,001 - $325,000 35.9
$108,001 - $216,000 34.3
$54,001 - $108,000 2.6
$0 - $54,000 1.7

High for VA
Very High for Nation

Value Relative to Nation Value Relative to State
19.9519512480956 23.8227146814404

Number Of Homes And Apartments:
94

Yorktown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
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
110.94% 4.42% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$919 / per month

Homeownership Rate

Homeownership
Owners 48.94
Renters 51.06
Vacant 10.48

Housing Market Details

 

Age of Homes

AGE OF Yorktown HOMES
2000 or Newer 0.0
1970 - 1999 61.0
1940 - 1969 15.2
1939 or Older 23.8

Types of Homes

TYPE OF Yorktown HOMES
Single-Family 32.4
Townhomes 35.2
Small Apt. Buildings 18.1
Apt. Complexes 14.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Yorktown HOMES
No Bedroom 0.00
1 Bedroom 23.81
2 Bedrooms 8.57
3 Bedrooms 60.95
4 Bedrooms 6.67
5 or more bedrooms 0.00