Yonkers Real Estate Market Report: Q1 2026

Yonkers is undergoing a remarkable transformation, driven by its waterfront revitalization and growing appeal among buyers seeking value north of NYC. This Q1 2026 market report covers the latest sales data and what it means for buyers, sellers, and investors.

Q1 2026 Key Metrics

- **Median Sale Price:** $490,000

- **Closed Sales:** 67

- **Average Days on Market:** 55

- **Price per Square Foot:** $295

Quarter-over-Quarter Comparison

Yonkers' median sale price increased from $470,000 in Q4 2025 to $490,000 in Q1 2026, a 4.3% gain. Sales volume rose from 58 to 67 closed transactions. Average days on market improved from 60 to 55 days, signaling stronger buyer activity and a tightening market.

Market Outlook

The Yonkers waterfront is seeing unprecedented investment, driving up demand and property values across the city. The market offers exceptional value compared to NYC and lower Westchester, making it highly attractive to first-time buyers and investors. With new construction active and the downtown waterfront continuing to develop, Yonkers is positioned for sustained growth.

What This Means for Sellers

Sellers in Yonkers are benefiting from rising prices and shrinking days on market. Waterfront condos and well-maintained single-family homes in eastern neighborhoods like Colonial Heights are seeing particularly strong interest. If you are considering selling, the current data supports a confident approach to pricing.

What This Means for Buyers

Buyers will find exceptional value in Yonkers, with single-family homes ranging from $400,000 to $800,000 and luxury waterfront condos from $500,000 to over $1 million. The market is competitive but still offers significantly more space and value than comparable NYC or lower Westchester properties. Buyers should move efficiently on well-priced listings.

Bottom Line

Yonkers' Q1 2026 data confirms a market on an upward trajectory. With waterfront development driving growth and prices still well below neighboring markets, Yonkers remains one of the best value plays in the New York metropolitan area.

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