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Yonkers, NY—10708

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$967,000
8.5% YoY Growth
Household Income
$121,000
13.3% YoY Growth
Days on Market
40
16.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$3,280
16.9% YoY Growth
1-Bed Rent
$2,500
13.5% YoY Growth
2-Bed Rent
$3,300
17.2% YoY Growth
3-Bed Rent
$4,500
12.9% YoY Growth

Other Zip Codes in Yonkers, NY

1070310710107011070510704
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Yonkers, NY

As of May '26, the median home price in Yonkers, NY is $967,000, with a year-over-year change of 8.5%. This indicates that home prices in Yonkers, NY are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$967,0008.5%
Single Family $1,460,0002.1%
Condos $331,0006.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $248,000
    5.5%
    2 Bed
    		$412,0007.9%
    3 Bed
    		$973,0008.5%
    4 Bed
    		$1,534,0008.4%
    5 Bed $2,644,6729.9%
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    % of Housing Stock

    Studio
    4.8%
    1 Bedroom
    28.0%
    2 Bedrooms
    29.6%
    3 Bedrooms
    21.2%
    4 Bedrooms
    8.9%
    5+ Bedrooms
    7.4%

    Rental Trends — Yonkers, NY

    As of July '25, Rentcast reports the average rent in Yonkers, NY is $3,780, with a year-over-year rent change of -16.9%. Per bedroom, the median rent as of July '25 in Yonkers, NY is studios: $1,660, 1-bedrooms: $2,630, 2-bedrooms: $3,710, 3-bedrooms: $5,270, 4-bedrooms: $8,100. The most common rental property sizes in Yonkers, NY are 1-bedroom and 2-bedroom, accounting for 48.1% and 32.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,280$3,780
    Studio Rent $1,500$1,660
    1 Bed Rent $2,500$2,630
    2 Bed Rent $3,300$3,710
    3 Bed Rent $4,500$5,270
    4 Bed Rent $7,250$8,100
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    % of Rental Stock

    Studio
    9.5%
    1 Bedroom
    48.1%
    2 Bedrooms
    32.1%
    3 Bedrooms
    5.6%
    4 Bedrooms
    3.1%
    5+ Bedrooms
    1.6%

    Property Listings — Yonkers, NY

    As of May '26, Realtor.com reports that the median days on market for a home in Yonkers, NY is 40. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$400,000-7.0%
    Listing Count
    		91-52.0%
    Listings as % of Homes0.9%-52.0%
    Days on Market
    		4016.0%
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    Demographics — Yonkers, NY

    As of the latest ACS Survey released in 2023, Yonkers, NY has a population of 21,900, which has remained stable by 0.1% over the past 5 years. Yonkers, NY is a moderately popular place for families, as children make up 17.7% of the population. The area has a highly educated workforce, with 64.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		21,9000.1%
    % Under 18
    		17.7%-10.2%
    % Seniors
    		21.5%10.3%
    % WFH
    		18.9%225.9%
    % w/ College Degree
    		64.8%4.0%
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    As of the latest ACS Survey released in 2023, Yonkers, NY is a predominantly white area, with 69.0% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Yonkers, NY is hispanic, making up 17.2% of the population. Foreign-born residents account for 15.7% of the population in Yonkers, NY, and this percentage has decreased by 7.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		69.0%-4.3%
    % Black
    		7.0%29.6%
    % Hispanic
    		17.2%13.2%
    % Asian
    		3.7%-32.7%
    % Foreign Born
    		15.7%-7.6%
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    Mortgage and Risk — Yonkers, NY

    According to HUD data as of 2023, there were 332 mortgage originations in Yonkers, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Yonkers, NY. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		332
    % Conventional Loans
    		99.0%
    % Government Loans
    		1.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Yonkers, NY

    As of 2024, the percent of homes in Yonkers, NY under the Section 8 program is 4.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Yonkers, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		102
    Total Units Section 8
    		102
    % Rentals under Section 8
    		4.5%
    % Occupied Section 8
    		86.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$230$2,500$2,730
    2 Bedroom-$280$3,300$3,020
    3 Bedroom-$740$4,500$3,760
    4 Bedroom-$3,190$7,250$4,060

    Affordability — Yonkers, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio7.2
    Median Home Price$967,000
    Median Household Income$121,000

    Yonkers, NY — ZIP Code Boundary Map

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    Frequently Asked Questions