Property Market Report – York
February 2026
This report provides an overview of current conditions in the York residential property market, including pricing, demand, supply and outlook as we move towards the spring selling season.
Market Overview
The York property market has started 2026 on a stable footing, with improving buyer confidence following a more cautious second half of 2025.
Activity levels have increased since January, with more enquiries, viewings and offers being recorded. However, buyers remain price-sensitive and realistic pricing is essential to achieve successful outcomes.
The market is best described as balanced, with neither buyers nor sellers holding a clear advantage overall.
Average House Prices
According to the latest data from Rightmove, the average asking price in York is approximately £324,000.
Key trends include:
• Prices remain slightly below the peak levels seen in 2023
• Values have stabilised over recent months
• Well-presented homes in desirable areas continue to achieve strong prices
• Overpriced properties are seeing reductions before securing buyers
Family homes between £300,000 and £600,000 remain the most active sector of the York market.
Buyer Demand
Buyer demand has strengthened since the start of the year.
This is being driven by:
• Improved mortgage stability
• Greater confidence in inflation and interest rates
• Pent-up demand from buyers who delayed moving in 2024 and 2025
Interest rate decisions by the Bank of England have played a key role in restoring confidence, with buyers now more comfortable planning moves.
Proceedable buyers, particularly those who have already sold, remain in the strongest position.
Supply Levels
The number of homes available for sale has increased compared with this time last year.
This means:
• Buyers have more choice
• Competition between sellers has increased
• Presentation and pricing are more important than ever
Homes that are correctly priced are still attracting strong interest and selling within reasonable timescales.
Time to Sell
The average time to agree a sale in York is currently between 10 and 16 weeks.
Factors that influence speed of sale include:
• Pricing strategy
• Location
• Condition and presentation
• Property type
Well-prepared homes continue to sell significantly faster than those requiring substantial work or priced above market value.
Rental Market
The rental market in York remains very strong.
Data from the Office for National Statistics shows average rents in the area have increased year-on-year, driven by:
• Limited supply
• Strong tenant demand
• Continued population growth
This is supporting ongoing interest from property investors.
Leasehold and Legislative Changes
Ongoing leasehold reform and the upcoming Renters’ Rights Act are influencing both landlord and buyer behaviour.
While some landlords are reviewing their portfolios, investor demand remains present, particularly for well-located and well-maintained properties.
Key Trends in York
Current local trends include:
• Strong demand for family homes
• Continued popularity of period properties
• High interest in energy-efficient homes
• Buyers prioritising location, schools and transport links
• Greater emphasis on realistic pricing
Outlook for Spring 2026
The outlook for the York property market is cautiously positive.
We expect:
• Gradual increase in transaction levels
• Stable pricing with modest growth
• Strong spring market activity
• Continued demand from both homeowners and investors
York remains one of the most desirable cities in the North of England, with long-term fundamentals supporting the housing market.
Summary
The York market is active, stable and improving.
For sellers, accurate pricing and strong presentation remain essential.
For buyers, improved choice and stable mortgage conditions are creating good opportunities.