Is Youngsville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Youngsville Township has remained a Seller's Market.
Housing Prices in Youngsville Township, NC
How much do homes in Youngsville Township, NC cost?
Median Sold Price
$422,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Youngsville Township was $422,500 in March 2024, up 2% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $215K | N/A |
2 Bedrooms | $372.5K | $467K | +25.4% |
3 Bedrooms | $378.3K | $379.9K | 0.4% |
4 Bedrooms | $441.3K | $481.2K | +9.0% |
5+ Bedrooms | $433.4K | $449.9K | +3.8% |
Summary: Youngsville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
Youngsville | $419.8K | $434.9K | +3.6% |
Youngsville Township | $414K | $422.5K | +2.0% |
Wake Forest | $539.8K | $539.6K | 0% |
Harris Township | $363.5K | $362K | -0.4% |
Franklinton Township | $375K | $364.3K | -2.9% |
Housing Supply in Youngsville Township, NC
How many homes are available in Youngsville Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
156 | 133 | -14.7% |
Summary: The Youngsville Township real estate market had 133 homes for sale in March 2024, a 14.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 72 | 58 | -19.4% |
4 Bedrooms | 68 | 63 | -7.4% |
5+ Bedrooms | 12 | 8 | -33.3% |
Summary: The Youngsville Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 32 | -22.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Youngsville Township in March 2024, down by 22.0% month-over-month. Of the 32 sold homes, 44% were sold under asking, 41% were sold at asking, and 16% were sold over asking.
Days on Market for Youngsville Township, NC
How long does it take to sell a home in Youngsville Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
119 Days | 65 Days | -45.0% |
Summary: Homes in Youngsville Township had an average of 65 days on market in Mar 2024, down by 45% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Youngsville Township; 16% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.