Cheap Homes in Yonkers, NY

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Top Reasons To Live In Yonkers, NY In 2024

Yonkers is located in Westchester, New York, with an estimated municipal population of 200,370 residents. All of the best foreclosed homes for sale in Yonkers are located in the following zip code areas on 10708 10703 10701 10705 10704 10707 10710 10702. The estimated population per square kilometer (.62 miles) in Yonkers is 4,295.

Cost Of Living In Yonkers, NY

So, about how much do homes cost in Yonkers? The most recent median value of resident-owned homes in Yonkers is 401,878. An estimated 46.1 percent of households in Yonkers own their homes, with an average family size of 3.38. The median household income in Yonkers is 63,849, with32.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Yonkers, the median commute time of resident workers (in minutes) is 35. And last, but certainly not least, are you looking for homes to rent in Yonkers? If so, the average rent price paid by renters in Yonkers is 1,383, according to recent statistics.

Diversity And Demographics In Yonkers, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Yonkers, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Yonkers is 39, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Yonkers is 42.3, with an average family size of 3.38.

The percentage of residents who report their race in Yonkers is as follows:

White 52%
Black / African American 19.9%
Asian 6.5%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4%
Other 16.8%

Looking for family-friendly neighborhoods in and/or near Yonkers? Or maybe you are searching for 55+ active adult communities in and/or near Yonkers?

The percentage of residents who report their age in Yonkers is as follows:

Under 10 11.4%
Aged 10-19 12.9%
20s 13.5%
30s 13.6%
40s 13.1%
50s 13.3%
60s 10.3%
70s 7.2%
80+ 4.8%

Best Schools In Yonkers, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Yonkers with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Yonkers.

Pros And Cons Of Living In Yonkers, New York

How do you know that living in -- or moving to -- Yonkers is right where you need to be? Perhaps you grew up in Yonkers or already live nearby; therefore, the decision to buy a home in Yonkers is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Yonkers for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Yonkers:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Yonkers.

Reasons To Move To Yonkers, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Yonkers can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Yonkers, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Yonkers, NY


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