Yonkers Home Prices & Values

$380,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.2% 1-year change
  • 1.4% 1-year forecast

The median home value in Yonkers is $380,700. Yonkers home values have gone up 6.2% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Yonkers is $179, which is lower than the New York Metro average of $258. The median price of homes currently listed in Yonkers is $205,000 while the median price of homes that sold is $398,750. The median rent price in Yonkers is $1,450, which is lower than the New York Metro median of $2,795.

Foreclosures will be a factor impacting home values in the next several years. In Yonkers 0.5 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.1 and also lower than the national value of 4.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Yonkers is 16.7%, which is higher than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Yonkers homeowners underwater on their mortgage is 16.9%, which is higher than New York Metro at 15.7%.

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Relative ZHVI
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Yonkers Market Overview

Data through May 31, 2014
  • $380,700 ZHVI
  • 1.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $205,000 Median listing price
  • $398,750 Median sale price
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Yonkers Market Health

Data through May 31, 2014
  • 7.7/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 16.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 16.7% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

0.5 homes Yonkers
1.1 homes New York Metro
4.8 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Greenville $917,200 Bronxville $790,000 Hastings on Hudson $654,900
Eastchester $593,200 Dobbs Ferry $582,200 Pelham $581,200
Ardsley $570,200 Tuckahoe $496,300 Mount Vernon $357,100

Listings & Sales

Data through May 31, 2014
  • $179 Median list price / sq ft
  • $252 Median sale price / sq ft
  • 23.8% Listings with price cut
19.9%
Sold below listing
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Yonkers Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,398 Yonkers
$2,297 New York Metro
$1,310 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,450 Rent list price
  • $1.68 Rent list price / sq ft
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