Is Youngstown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Youngstown was a Buyer's Market.
Housing Prices in Youngstown, FL
How much do homes in Youngstown, FL cost?
Median Sold Price
$295,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Youngstown was $295,000 in May 2024, up 1.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $116.5K | -2.9% |
2 Bedrooms | $160.2K | $142.4K | -11.1% |
3 Bedrooms | $250K | $250K | 0.0% |
4 Bedrooms | $310K | $299K | -3.5% |
5+ Bedrooms | $347K | $390K | +12.4% |
Summary: Youngstown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Cities
Panama City | $340.3K | $348.8K | +2.5% |
Youngstown | $290K | $295K | +1.7% |
Southport | $470.8K | $475K | +0.9% |
Housing Supply in Youngstown, FL
How many homes are available in Youngstown, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 48 | +4.3% |
Summary: The Youngstown real estate market had 48 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Youngstown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 13 | +160.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Youngstown in May 2024, up by 160.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Youngstown, FL
How long does it take to sell a home in Youngstown, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 52 Days | +126.5% |
Summary: Homes in Youngstown had an average of 52 days on market in May 2024, up by 126.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Youngstown; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.