The typical house here goes for about £315,000, which is South Devon money without the postcard tax. Detached sits well above that. Terraces and semis sit under it. The whole village turns over roughly two dozen sales in a year. Small market, decent price, and one unusual sale is enough to move the whole number.
The Land Registry recorded 25 sales in the year to February 2026, with a median of about £315,000. Split by type, detached houses ran at about £438,000 across ten sales, terraces at about £300,000 across eight, and semi-detached at about £285,000 across six. Twenty-five sales is an entire village's worth of moving house in twelve months, which is the kind of market where the neighbours know what you paid before the solicitor has finished typing it.
The official house price index, which covers a wider area than the village itself, put the average property at about £364,000 as of May 2026, down about 7% over the year and about 1% over the month. Flats specifically were down about 10% over the year. Those are published changes for the index area rather than a forecast, and a village of this size does not have enough sales of its own to argue with them.
Council tax is where rural life sends the bill. The most common band on the valuation list is E, with about 26% of dwellings in bands A or B. A band D bill in this area runs at about £2,615 a year, and the most common band sits a step above that, so budget upward rather than across.
Renting is a district question rather than a village one. Typical private rent across the South Hams area was about £1,000 a month as of April 2026, and that is a mean from the official private rent index, not a median of what is currently advertised. By size, one-bedroom homes averaged about £730 a month, two beds about £910, three beds about £1,120, and four or more about £1,610. Those are district-wide averages, and they include a lot of places that are not Yealmpton.
On affordability, household income for the wider statistical area was modelled at about £58,000 gross, before tax, in the financial year to March 2023. That is a modelled figure describing that year rather than anything landing in a bank account this month. Set against a typical sale price near £315,000, buying here is a stretch of the ordinary English kind: reachable on two incomes, hard on one, and considerably easier if you are arriving with equity from somewhere with pavements.
For anyone comparing like with like, about 80% of the last year's sales could be matched to an energy certificate's floor area, and across those the median came out at roughly £3,700 per square metre, on a typical floor area of about 89 square metres. Nobody has ever bought a house in a Devon village by the square metre, but it is the only honest way to weigh a bungalow against a terrace when both are asking similar money.
The bedroom mix explains the rest. Census 2021 put about 38% of households in homes with four or more bedrooms, about 36% with three, about 20% with two and about 7% with one. The small end of the market barely exists, so downsizing here usually means moving sideways into something single-storey rather than into a flat, and first-time buyers are competing for a very short list.
Prices come out fair rather than cheap. The money buys floor space, a garden and a protected setting that costs a great deal more a few miles closer to the water, and the catch is not the asking price but the council tax band underneath it and how rarely anything comes up.