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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Youngtown is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Youngtown has remained a Seller's Market.

Key Takeaway

Youngtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Youngtown, AZ cost?

Median Sold Price

$310,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$35,000(+12.7%)

Key Takeaway

Homes in Youngtown have sold for 12.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 -$150K
N/A
2 $245K$275.3K
+12.4%
3 $275K$335K
+21.8%
4 $357K$433K
+21.3%
5+ -$390K
N/A

Median Sold Price Compared To Nearby Cities

El Mirage
+18.1%
Youngtown
+12.7%

How many homes are available in Youngtown, AZ?

Number of Homes For Sale

Nov 2022Dec 2022%
3431-8.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 1512
-20.0%
3 1212
0.0%
4 66
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were 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. 57.1% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
12 Days54 Days+324.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were 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.

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

About Youngtown, AZ

Number of homes for sale in Youngtown, AZ real estate market have reached 31. The number of listings in Youngtown, AZ decreased by 8.8% between November 2022 and December 2022. In December 2022 median list price was $310,000 and the average listing age was 54 days. This housing market listing prices have changed between November 2022 and December 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 12.4%, the cost of 3 bedrooms properties went up by 21.8%, 4 bedrooms properties became 21.3% more expensive, 5 bedrooms properties became 0% more expensive. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 20%, 3 bedrooms homes did not move, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. In December 2022 more than 0 listings in Youngtown, AZ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below.

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