Is Youngsville, 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 has remained a Seller's Market.
Housing Prices in Youngsville, NC
How much do homes in Youngsville, NC cost?
Median Sold Price
$434,990
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Youngsville was $434,990 in March 2024, up 3.6% 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 | $310K | $315K | +1.6% |
3 Bedrooms | $382.6K | $379.4K | -0.8% |
4 Bedrooms | $464.7K | $499.9K | +7.6% |
5+ Bedrooms | $468K | $498.1K | +6.4% |
Summary: Youngsville 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 1.6%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 6.4%.
Median Sold Price Compared To Nearby Cities
Youngsville | $419.8K | $434.9K | +3.6% |
Youngsville Township | $414K | $422.5K | +2.0% |
Housing Supply in Youngsville, NC
How many homes are available in Youngsville, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
122 | 104 | -14.8% |
Summary: The Youngsville real estate market had 104 homes for sale in March 2024, a 14.8% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 58 | 46 | -20.7% |
4 Bedrooms | 53 | 51 | -3.8% |
5+ Bedrooms | 11 | 7 | -36.4% |
Summary: The Youngsville 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 20.7%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 22 | -31.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Youngsville in March 2024, down by 31.3% month-over-month. Of the 22 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.
Days on Market for Youngsville, NC
How long does it take to sell a home in Youngsville, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
133 Days | 63 Days | -52.0% |
Summary: Homes in Youngsville had an average of 63 days on market in Mar 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Youngsville; 18% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.