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Saturday, November 2, 2024

Yorktown home prices fall in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Yorktown fell by $25,000 while total sales decreased by 3%, according to BlockShopper.com.

From October through December of 2018, there were 159 homes sold, with a median sale price of $260,000 - a 8.8% decrease over the $285,000 median sale price for the same period of the previous year. There were 164 homes sold in Yorktown in the fourth quarter of 2017.

The median sales tax in Yorktown for the most recent year with available data, 2016, was $2,262, approximately 0.9% of the median home sale price for the fourth quarter of 2018.

The following table compares Yorktown to other York County cities in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Yorktown159164-3%$260,000$285,000-8.8%
Williamsburg4552-13.5%$202,500$221,000-8.4%

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