Is Yonkers, NY 10701 a buyer’s or seller’s market?
Yonkers is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 64% of U.S. ZIP codes, and #396 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Yonkers housing market right now
In the three months ending August 31, 2026, 51% of homes in Yonkers, NY 10701 sold above their list price, the typical home went under contract in 40 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 48 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 37%, homes sold faster (44 days then) and the median sale price rose 7% to $559,758. Overall, Yonkers is more competitive than a year ago, so tougher for buyers.
Within Westchester County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Yonkers ranks #396 of 649 NY ZIP codes with enough sales (score 61 out of 100).
Nearby, buyers who want less competition could look at Millwood 10546 (0% sold over asking) or Ardsley On Hudson 10503 (0% sold over asking), while Lincolndale 10540 (100% sold over asking) and Purdys 10578 (100% sold over asking) are even more competitive.
Run the numbers for 10701
Nearby markets
Amawalk 10501Seller’s market $342 /sq ftArdsley 10502Seller’s market $584 /sq ftArdsley On Hudson 10503 $671 /sq ftArmonk 10504Seller’s market $531 /sq ft Browse all markets →Towns like Yonkers nearby
Find towns like Yonkers in other states →Where Yonkers is
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Questions about Yonkers real estate
Is Yonkers a buyer’s or seller’s market?
A balanced market: there were 5 months of supply in Yonkers, NY 10701 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Yonkers?
The typical home went under contract in 40 days in the latest three months.
Do homes in Yonkers sell over asking?
51% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Yonkers?
About 1.51% of a home’s value a year in Westchester County, or roughly $6,040 on a $400,000 home.
What is the median home price in Yonkers?
The median sale price was $559,758 in the three months ending August 31, 2026, about $306 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology