Rafael BarbosaCompass · East Harlem to Bronxville 914-430-0440

How to Price Your Home in Yonkers: Comps, Days on Market and the 1.5% Transfer Tax

Rafael Barbosa
Licensed Real Estate Salesperson, Compass
Downtown Yonkers along the Hudson River, with the waterfront pier, train station and hillside homes

The right price for a Yonkers home is the one recent sales of similar homes support, checked against how fast those homes sold, and then tested against what you will actually net after the 1.9% in transfer taxes. In October 2026, single-family houses in Yonkers closed at a median of $814,500 after a median of 29 days on the market, according to OneKey MLS closed sales I compiled for my October 2026 market report. That median is a reference point, not a price. Here is how I get from the citywide number to the number for your home.

I live in Colonial Heights and have sold homes across Yonkers for more than 14 years. These are the three tools I use for every pricing conversation.

Step 1: Start with the right comparable sales

Comparable sales, or comps, are recent closed sales of homes like yours, close to yours. Buyers, their agents and the bank's appraiser all start here, so your price has to hold up against the same sales.

Good comps match your home on:

  • Property type. Yonkers houses, two- to four-family homes, condos and co-ops are separate markets with very different prices.
  • Location. Within Yonkers, the street, transit access and the neighborhood all move price. A sale a mile away can be a poor comp.
  • Size, lot and parking. Living area, bedrooms and baths, lot size, a driveway or garage.
  • Condition. Kitchens, baths, roof, boiler and electrical. Updated mechanicals matter to buyers more than many sellers expect.
  • Timing. Closed sales from the last three to six months carry the most weight. Older sales need adjusting.

Every closed sale in Yonkers is recorded with the Westchester County Clerk, and listed sales also appear in OneKey MLS with their days on market and price history. I use both, so the comps reflect what buyers actually paid.

Here is how the property types compared in October 2026:

Yonkers, October 2026 Closed sales Median sale price Median days on market
Single-family houses 40 $814,500 29
Two- to four-family homes 10 $874,500 42
Condos 11 $407,000 59
Co-ops 47 $200,000 43
All Yonkers sales 108 $463,125 43

Source: OneKey MLS closed sales, October 2026, compiled by Rafael Barbosa. Days on market counts listed sales only.

The all-sales median of $463,125 mixes co-ops at $200,000 with houses at $814,500. If you own a house, that blended number would underprice it badly. If you own a co-op, it would overprice it. Always start from your own property type.

Step 2: Read days on market as a pricing signal

Days on market tells you how buyers are reacting to price. In October 2026, Yonkers houses went in a median of 29 days. That gives you a practical test:

  • A comparable house that sold in two or three weeks was likely priced at or below what buyers were willing to pay. It is a strong comp for your ceiling.
  • A comparable house that sat for two or three months and then sold after a reduction tells you where buyers resisted. Its first list price is often the most useful number in the file, because it shows a price that did not work.
  • Your own listing gets its biggest audience in the first two weeks, when buyers who have been watching the market see it for the first time. A house that passes the 29-day mark without an offer starts to look overpriced to those same buyers, and offers tend to come in lower.

Co-ops and condos move on a slower clock. A Yonkers condo at 45 days is not a problem when the condo median is 59. I compare your days on market with your own property type, never with the citywide figure.

Step 3: Price from your net, not just your list price

In Yonkers, the transfer tax is large enough that it belongs in the pricing conversation from the start. According to the City of Yonkers, the city charges a real estate transfer tax of 1.5% of the sale price, paid by the seller. New York State adds 0.4%, for 1.9% in total on a house, a two- to four-family home or a condo. Co-op sales are exempt from the Yonkers tax and pay only the 0.4% state tax.

Here is what that looks like at the October 2026 medians:

Sale at October 2026 median Yonkers tax (1.5%) NYS tax (0.4%) Total transfer taxes
House, $814,500 $12,218 $3,258 $15,476
Two- to four-family, $874,500 $13,118 $3,498 $16,616
Condo, $407,000 $6,105 $1,628 $7,733
Co-op, $200,000 Exempt $800 $800

Add your brokerage commission (set in your listing agreement and negotiable), your attorney's fee, your mortgage payoff and the tax and water adjustments at closing. The net proceeds calculator runs all of it with the Yonkers and state taxes built in, and my seller closing costs guide covers each cost in detail.

Knowing your net early changes how you price. A seller who knows the bottom line can choose a list price that draws buyers in the first two weeks instead of padding the price "to leave room," which in a 29-day market usually costs more than it saves.

Mistakes I see Yonkers sellers make

  1. Pricing from the online estimate. Automated estimates cannot see your renovated kitchen, your new boiler or the busy road behind the house. Use them as a rough starting point only.
  2. Pricing from the assessment. The assessed value on your tax bill is for property taxes, not for sale.
  3. Pricing from a neighbor's list price. A list price is a wish. Closed prices and days on market show what buyers paid and how fast.
  4. Ignoring property type. A two-family home is valued on its comps and its rent roll. My multi-family site, yonkersmultifamily.com, explains how buyers value a two-family house.
  5. Forgetting paperwork. Open permits and certificates of occupancy that do not match the house slow down a Yonkers sale. Pull your records from the City of Yonkers before you list.

Get a written price for your Yonkers home

For a deeper look at the city, read my Yonkers neighborhood guide, or the Colonial Heights guide if you are in northeast Yonkers. When you are ready for a number you can rely on, I prepare a free written pricing analysis built from the closest closed sales to your home, their days on market and a full net proceeds estimate, in English or Spanish.

Call or text me at 914-430-0440, or request a free home value estimate.

Sources: OneKey MLS closed sales, October 2026, compiled by Rafael Barbosa; Westchester County Clerk recorded sales; City of Yonkers, Real Estate Transfer Tax; NYS Department of Taxation and Finance, real estate transfer tax. Small samples change from month to month. General information only, not an appraisal and not legal or tax advice.

Frequently asked questions

How do I figure out what my Yonkers home is worth?

Start with closed sales of similar homes near you from the last three to six months, adjust for differences in size, condition, parking and lot, then check what is on the market and in contract today. In October 2026, Yonkers single-family houses sold at a median of $814,500, but your own price comes from the sales closest to your home, not the citywide median.

How long does it take to sell a house in Yonkers?

Single-family houses that closed in Yonkers in October 2026 spent a median of 29 days on the market, based on OneKey MLS closed sales. Two- to four-family homes took a median of 42 days, co-ops 43 and condos 59.

What is the transfer tax when you sell a home in Yonkers?

The seller of a house or condo pays the City of Yonkers transfer tax of 1.5% plus the New York State transfer tax of 0.4%, for 1.9% in total. Co-op sales are exempt from the Yonkers tax and pay only the 0.4% state tax.

Should I price my Yonkers home high and leave room to negotiate?

Usually not. Days on market is the clearest signal buyers have. A house that sits well past the 29-day median for Yonkers houses invites lower offers, while a house priced in line with recent sales draws the most buyers in its first weeks.

Is the assessed value on my Yonkers tax bill what my house is worth?

No. The assessment is used to calculate property taxes and follows its own rules. Market value comes from recent sales of comparable homes.

CallTextHome value