Home Values

Yonkers Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$358,500

  • -4.6% 1-year change
  • -2.4% 1-year forecast

The median home value in Yonkers is $358,500. Yonkers home values have declined -4.6% over the past year and Zillow predicts they will fall -2.4% within the next year. The median list price per square foot in Yonkers is None. The median rent price in Yonkers is $1,600, which is lower than the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Yonkers 1.3 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 2.2 and also lower than the national value of 3.9

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 17.6%, which is higher than the national value of 6.3%. 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 13.6%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Yonkers Market Overview

Data through Apr 30, 2015
  • $358,500 ZHVI
  • -2.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $435,450 Median sale price (Mar 31, 2015)
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Yonkers Market Health

Data through Apr 30, 2015
  • 4.4/10 Less healthy
    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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 13.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 17.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.3 homes Yonkers
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

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

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $297 Median sale price / sq ft
  • No data Listings with price cut
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Yonkers Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,490 Yonkers
    $2,372 New York Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,600 Rent list price
  • $1.80 Rent list price / sq ft
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