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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Youngstown is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Youngstown, FL

How much do homes in Youngstown, FL cost?

Median Sold Price

$296,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,000(+3.9%)

Key Takeaway

Homes in Youngstown have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Youngstown was $296,000 in March 2024, up 3.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $97.5K$116.5K
+19.5%
2 $123.2K$160.2K
+30.0%
3 $260K$257K
-1.2%
4 $300K$298K
-0.7%
5+ $327.5K$390K
+19.1%

Summary: Youngstown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 19.1%.

Median Sold Price Compared To Nearby Cities

Panama City
+8.5%
Southport
+7.0%
Youngstown
+3.9%

Housing Supply in Youngstown, FL

How many homes are available in Youngstown, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4643-6.5%

Summary: The Youngstown real estate market had 43 homes for sale in March 2024, a 6.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 1818
0.0%
4 2321
-8.7%
5+ 20
-100.0%

Summary: The Youngstown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Youngstown in March 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Mar 2023Mar 2024CHANGE
43 Days42 Days-2.1%

Summary: Homes in Youngstown had an average of 42 days on market in Mar 2024, down by 2.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Youngstown are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in Youngstown; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Youngstown, FL

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