Yorktown, VA Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Yorktown, VA Housing Market Trends

With a population of 198, 195 total housing units (homes and apartments), and a median house value of $361,195, Yorktown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Yorktown, accounting for 39.49% of the town's housing units. Other types of housing that are prevalent in Yorktown include duplexes, homes converted to apartments or other small apartment buildings ( 30.77%), large apartment complexes or high rise apartments ( 14.87%), and a few row houses and other attached homes ( 14.87%).

People in Yorktown primarily live in small (one, two or no bedroom) single-family detached homes. Yorktown has a mixture of owner-occupied and renter-occupied housing.

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 ( 40.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.28%).

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 58.40%, which ranks in the top 30% nationwide. This equates to an annual average Yorktown house appreciation rate of 4.71%.

NeighborhoodScout's data show that during the latest twelve months, Yorktown's appreciation rate, at 9.37%, has been at or slightly above the national average. In the latest quarter, Yorktown's appreciation rate has been 3.28%, which annualizes to a rate of 13.79%.

Relative to Virginia, our data show that Yorktown's latest annual appreciation rate is higher than 60% 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:
$361,195

Yorktown, VA HOME PRICES

> $1,326,000
0.0%
0.0%
$994,001 - $1,326,000
1.2%
1.2%
$663,001 - $994,000
9.5%
9.5%
$530,001 - $663,000
9.3%
9.3%
$398,001 - $530,000
14.8%
14.8%
$265,001 - $398,000
36.5%
36.5%
$133,001 - $265,000
22.0%
22.0%
$66,001 - $133,000
2.2%
2.2%
$0 - $66,000
4.5%
4.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for VA

Value Relative To Nation

Number Of Homes And Apartments:
195

Yorktown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
183.03% 4.96%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,406 / per month

Homeownership Rate

Owners
54.4%
54.4%
Renters
45.6%
45.6%
Vacant
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
11.3%
11.3%
1970 - 1999
48.2%
48.2%
1940 - 1969
40.5%
40.5%
1939 or Older
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
39.5%
39.5%
Townhomes
14.9%
14.9%
Small Apt. Buildings
30.8%
30.8%
Apt. Complexes
14.9%
14.9%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
14.9%
14.9%
2 Bedrooms
48.2%
48.2%
3 Bedrooms
19.5%
19.5%
4 Bedrooms
17.4%
17.4%
5 or more bedrooms
0.0%
0.0%
0.0% 100.0%
% OF HOMES