Is Youngstown, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Youngstown is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Youngstown, FL

How much do homes in Youngstown, FL cost?

Median Sold Price

$287,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$7,000(+2.5%)

Key Takeaway

Homes in Youngstown have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Youngstown was $287,000 in September 2024, up 2.5% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $97.5K$95K
-2.6%
2 $150.5K$169.9K
+12.9%
3 $249.5K$250K
0.2%
4 $289.9K$298K
+2.8%
5+ $330K$367K
+11.2%

Summary: Youngstown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Youngstown
+2.5%
Southport
+1.3%
Panama City
-0.4%

Housing Supply in Youngstown, FL

How many homes are available in Youngstown, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4340-7.0%

Summary: The Youngstown real estate market had 40 homes for sale in September 2024, a 7.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 1411
-21.4%
4 1820
+11.1%
5+ 55
0.0%

Summary: The Youngstown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
770.0%

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 Youngstown, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Youngstown in September 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% 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

Sep 2023Sep 2024CHANGE
31 Days96 Days+205.0%

Summary: Homes in Youngstown had an average of 96 days on market in Sep 2024, up by 205% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Youngstown are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 7 homes were sold in Youngstown; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% 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 Sep 1, 2024

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