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 April 2023

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.

Housing Prices in Youngtown, AZ

How much do homes in Youngtown, AZ cost?

Median Sold Price

$335,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+9.8%)

Key Takeaway

Homes in Youngtown have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Youngtown was $335,000 in April 2024, up 9.8% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $160K-
N/A
2 $275.1K$293.5K
+6.7%
3 $333.7K$350K
+4.9%
4 $400K$397.5K
-0.6%
5+ $437.9K$430K
-1.8%

Summary: Youngtown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 1.8%.

Median Sold Price Compared To Nearby Cities

Youngtown
+9.8%
El Mirage
-4.3%

Housing Supply in Youngtown, AZ

How many homes are available in Youngtown, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3430-11.8%

Summary: The Youngtown real estate market had 30 homes for sale in April 2024, a 11.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 107
-30.0%
3 1718
+5.9%
4 53
-40.0%
5+ 00
0.0%

Summary: The Youngtown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Youngtown, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Youngtown in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% 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

Apr 2023Apr 2024CHANGE
51 Days54 Days+7.0%

Summary: Homes in Youngtown had an average of 54 days on market in Apr 2024, up by 7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 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.

Summary: During April 2024, 9 homes were sold in Youngtown; 11% of homes were sold within 30 days, 78% of homes were sold within 30 to 90 days, and 11% 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 19 Days Ago

Newest Listings in Youngtown, AZ

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