Is Youngtown, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Youngtown is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Youngtown was a Seller's Market.

Key Takeaway

Youngtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Youngtown, AZ

How much do homes in Youngtown, AZ cost?

Median Sold Price

$335,500

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,550(+4.9%)

Key Takeaway

Homes in Youngtown have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Youngtown was $335,500 in February 2024, up 4.9% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $160K-
N/A
2 $275.5K$279.5K
+1.5%
3 $335K$350K
+4.5%
4 $431K$396.5K
-8.0%
5+ $390K$430K
+10.3%

Summary: Youngtown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Youngtown
+4.9%
El Mirage
-7.8%

Housing Supply in Youngtown, AZ

How many homes are available in Youngtown, AZ?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2627+3.8%

Summary: The Youngtown real estate market had 27 homes for sale in February 2024, a 3.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 12
+100.0%
2 99
0.0%
3 1112
+9.1%
4 54
-20.0%
5+ 00
0.0%

Summary: The Youngtown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Youngtown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Youngtown in February 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Youngtown, AZ

How long does it take to sell a home in Youngtown, AZ?

Average Sale Time

Feb 2023Feb 2024CHANGE
125 Days75 Days-40.3%

Summary: Homes in Youngtown had an average of 75 days on market in Feb 2024, down by 40.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Youngtown has remained consistent over time.

Summary: During February 2024, 2 homes were sold in Youngtown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Youngtown, AZ

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