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Preforeclosure Homes in Yonkers, NY 10705

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Living in Yonkers, NY

Yonkers, NY, is a dynamic city situated along the Hudson River, offering residents a diverse lifestyle with suburban charm and urban convenience. With beautiful parks, cultural attractions, and excellent public transport to NYC, it’s a great place for families and professionals. Housing options range from affordable apartments to spacious family homes.

Current Market Conditions in Yonkers, NY

The Yonkers real estate market has been experiencing steady growth, driven by a strong demand for housing and an influx of new residents attracted by the city's amenities and proximity to New York City. While home prices have risen, the market remains accessible for first-time home buyers due to a variety of price points in the area.

Condominium developments and revitalization projects along the waterfront have also played a role in boosting the local economy and increasing property values.

Home Value Estimator For Yonkers, NY

There are currently 30,451 real estate properties in Yonkers, NY, with a median automated valuation model (AVM) price of $724,183.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Yonkers, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Yonkers, NY, is $798,001.00, with the most expensive house in Yonkers, NY, topping out at $249,295,064.00 and the cheapest home in Yonkers, NY, clocking in at $10,042.00. In other words, there’s something for every potential homebuyer or savvy investor in Yonkers, NY!

Rent Prices In Yonkers, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Yonkers, NY, is on a rollercoaster ride. The average rent price in Yonkers, NY, is $2,617.00. Indeed, when looking to rent in Yonkers, NY, you can expect to pay as little as $1,040.00 or as much as $7,000.00, with the average rent median estimated to be $2,590.00. The good news is that finding an affordable and desirable property to rent in Yonkers, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Yonkers, NY 10705 Preforeclosure Homes


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