Yonkers, NY 10701 Real Estate Market Report

ZIP Code: 10701
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Yonkers, NY (ZIP: 10701) is characterized by a median sold price of $699,000, reflecting a robust demand despite a backdrop of elevated inventory levels. The neighborhood has experienced a notable price trend, with values up year-over-year, indicating a strengthening market. The median listing price stands at $784,499.50, suggesting a significant gap between seller expectations and actual market transactions, which may create pricing friction for prospective buyers.

Market activity appears to be moderate, with median days on market reaching 325, indicating a slower sales velocity in the current environment. This extended timeframe may suggest that buyers are exercising caution, potentially due to elevated interest rate pressure. Overall, the market temperature is assessed as neutral, reflecting a balance between supply and demand dynamics, although the presence of excess supply relative to sales activity may influence future pricing strategies.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $699,000 indicates strong market activity despite elevated inventory levels.

2. With a median listing price of $784,499.50, there is a noticeable gap between seller expectations and actual sales, suggesting potential pricing friction.

3. The median days on market of 325 reflects a slower sales velocity, indicating that buyers may be taking more time to make purchasing decisions.

4. The year-over-year price trend is up, signaling a strengthening market despite current inventory pressures.

5. The market temperature is assessed as neutral, suggesting a balanced environment between supply and demand, although elevated interest rate pressure may impact future buyer behavior.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.