Is Youngsville, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Youngsville was a Seller's Market.
Housing Prices in Youngsville, LA
How much do homes in Youngsville, LA cost?
Median Sold Price
$270,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Youngsville was $270,000 in April 2024, down 4.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $219K | N/A |
2 Bedrooms | $245K | $238.5K | -2.7% |
3 Bedrooms | $245K | $243K | -0.8% |
4 Bedrooms | $352.3K | $385K | +9.3% |
5+ Bedrooms | $430K | $357.5K | -16.9% |
Summary: Youngsville 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 decreased by 2.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 16.9%.
Median Sold Price Compared To Nearby Cities
Youngsville | $283.6K | $270K | -4.8% |
Broussard | $314.8K | $299K | -5.0% |
Housing Supply in Youngsville, LA
How many homes are available in Youngsville, LA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
208 | 210 | +1.0% |
Summary: The Youngsville real estate market had 210 homes for sale in April 2024, a 1.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 112 | 108 | -3.6% |
4 Bedrooms | 77 | 79 | +2.6% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Youngsville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 35 | -12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Youngsville in April 2024, down by 12.5% month-over-month. Of the 35 sold homes, 34% were sold under asking, 49% were sold at asking, and 17% were sold over asking.
Days on Market for Youngsville, LA
How long does it take to sell a home in Youngsville, LA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
110 Days | 63 Days | -42.6% |
Summary: Homes in Youngsville had an average of 63 days on market in Apr 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Youngsville; 54% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.