Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | York County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $344,634 | $257,048 | $242,182 |
| Price Trend (Annual %) | 7.2% | 4.1% | 8.2% |
| Median Gross Rent | $1,777 | $1,514 | $1,342 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in York County is about 34% higher than in Virginia. Rent is about 17% higher than the Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in York County, up about 7.2% and 3.5% a year respectively. Home prices are changing faster.
Median rent in York County rose about 28.1% between 2015 and 2023, from $1,387 to $1,777. Over the same span, rent in Virginia rose about 35.7%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in York County.
Buying the median-priced home in York County costs roughly 16.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in York County. The price-to-rent ratio in Virginia is about 14.2.
| Metric | York County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $344,634 | $257,048 | $242,182 |
| Median Household Income | $111,129 | $91,409 | $78,145 |
| Price-to-Income Ratio | 3.1 | 2.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in York County rose about 50.6%, while median household income rose about 41.6% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | York County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.7% | 61.1% | 58.2% |
| Rental Rate | 27.0% | 29.9% | 31.3% |
| Vacancy Rate | 6.3% | 9.0% | 10.6% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
York County has a homeownership rate of 66.7%, higher than the Virginia average of 61.1%. Its housing vacancy rate is 6.3%, compared with 9.0% in Virginia.
Housing Stock
| Metric | York County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.53 people | 2.54 people |
| Median Structure Built Year | 1987 | 1981 | 1978 |
| Median Number of Rooms | 6.8 | 6.0 | 5.5 |
The typical housing unit in York County was built around 1987. On average, 2.6 people live in a home with about 6.8 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in York County, Virginia.
What is the median home price in York County, Virginia?
The median home price in York County, Virginia is $344,634, higher than the Virginia average of $257,048.
What is the average home price in York County, Virginia?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in York County, Virginia?
The median gross rent in York County, Virginia is $1,777 per month, higher than the Virginia average of $1,514.
What was the median gross rent in York County in 2020?
In 2020, the median gross rent in York County, Virginia was $1,502 per month.
What is the price-to-rent ratio in York County, Virginia?
The price-to-rent ratio in York County, Virginia is about 16.2, meaning it would take roughly 16.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in York County.
Are home prices or rent rising faster in York County, Virginia?
Both home prices and rent are rising in York County, up about 7.2% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in York County, Virginia?
66.7% of households in York County, Virginia own their home, higher than the Virginia average of 61.1%.
What is the vacancy rate in York County, Virginia?
The housing vacancy rate in York County, Virginia is 6.3%, lower than the Virginia average of 9.0%.