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Properties for Sale in Yonkers, New York, United States

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Real estate in Yonkers

New York State in the northeastern part of United States is a magnet for both local and foreign homebuyers and investors. If you are on the hunt for your dream home or an apartment for sale in a location with a great view of the Hudson River and the scenic Palisades, Yonkers should rank high on your list. This charming city in Westchester County, with its blend of urban and suburban setting and distinctive architectural styles is often referred to as the “Gateway to the Hudson Valley” for its unique landscape and appeal. Before you get in touch with a real estate broker, it’s crucial to acquaint yourself with the local real estate market, what properties are currently available in Yonkers, and the cost of purchasing a property in this one of a kind location. Yonkers showcases a diverse array of real estate from luxury high-rise apartments overlooking the river, to traditional single-family homes nestled in quiet neighborhoods. It also offers an easy commute to Manhattan, making it an attractive option for those who want a mix of city and suburban living. Regardless of your preferences, Yonkers has the diversity to cater to all types of homeowners and investors.

Yonkers properties: Market trends overview

The real estate market in Yonkers, New York, has seen consistent value appreciation, making it attractive to investors and property buyers, particularly from Canada, Europe, Asia, and South America. Yonkers' prime location along the Hudson River offers the best of both worlds, the tranquil riverside living with the thrill and hustle and bustle of New York City, thanks to its exceptional transportation networks. Yonkers boasts of a lively cityscape, rich historical background, and superior quality of life. Over the years, the Yonkers city administration has been investing more in the town's growth, providing a wide range of real estate options for domestic and foreign buyers. These include modern and convenient townhouses, condominiums, contemporary styled villas, classic brownstones, and luxury penthouses. Finding properties for sale in Yonkers that suits any budget and lifestyle choices is possible, making this city by the river a desirable destination for global buyers. Its diverse neighborhoods feature a unique blend of urban and suburban charm, further enhancing the appeal of its housing market.

Average price of a property for sale in Yonkers

What is the typical price tag attached to properties in Yonkers, New York? The answer isn't concrete due to several influencing factors, such as the type of property, its closeness to the city center and local attractions, the amenities it offers, and the personal preferences of buyers (luxury features, size, ease of access, and so forth). Recent data indicates that the highest quoted price for a property for sale in Yonkers was $627 per square foot. The priciest properties are generally located in the Woodstock Park-Yonkers downtown area. However, the most affordable prices with an average per square foot of $376, can be found in the neighbourhood of Park Hill-Cedar Knolls. The average asking price for a residence in Yonkers at the moment hovers around $652,843. It should be taken into account that these averages can fluctuate significantly based on the aforementioned factors and the ever-changing nature of the real estate market.

Types of properties can you find in Yonkers

Yonkers, New York boasts a variety of real estate types, from contemporary condominiums to luxurious penthouses, opulent waterfront mansions, and traditional American family homes. Prime real estate can often be found within gated community complexes and offer 3-4 bedroom condominiums with spacious patios, or a 2-story home, each floor with its own entrance, broad patios, and a dedicated kitchen. Additionally, options for a brand new, luxury villa in a highly sought after location in Yonkers are available, offering stunning views of the Hudson River, proximity to various amenities, and providing an idyllic living environment. The housing diversity in Yonkers, New York serves to cater to a wide range of lifestyle needs and preferences.