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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 221, 120 total housing units (homes and apartments), and a median house value of $557,268, Yorktown house prices are not only among the most expensive in Virginia, Yorktown real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Yorktown, accounting for 40.83% of the town's housing units. Other types of housing that are prevalent in Yorktown include row houses and other attached homes ( 30.83%), duplexes, homes converted to apartments or other small apartment buildings ( 20.83%), and a few large apartment complexes or high rise apartments ( 7.50%).
Dwellings in Yorktown tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.33% of the homes in Yorktown have two or fewer bedrooms.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Yorktown's housing was primarily built during this period, from the '40s through the '60s. A full 51.67% of the town's housing hails from this era. Other housing ages represented in Yorktown include homes built between 1970-1999 ( 37.50%) and housing constructed between 2000 and later ( 10.83%).
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 105.10%, which ranks in the top 30% nationwide. This equates to an annual average Yorktown house appreciation rate of 7.45%.
NeighborhoodScout's data show that during the latest twelve months, Yorktown's appreciation rate, at 6.71%, has been at or slightly above the national average. In the latest quarter, Yorktown's appreciation rate has been 2.22%, which annualizes to a rate of 9.17%.
Relative to Virginia, our data show that Yorktown's latest annual appreciation rate is higher than 50% 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.
$557,268
for Virginia
for nation
120
$1,542 / per month