Is Youngstown, OH 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, Youngstown has remained a Seller's Market.
Housing Prices in Youngstown, OH
How much do homes in Youngstown, OH cost?
Median Sold Price
$145,507
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Youngstown was $145,507 in March 2024, up 8.5% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81K | $78.4K | -3.1% |
2 Bedrooms | $97K | $115K | +18.6% |
3 Bedrooms | $134.9K | $145.4K | +7.7% |
4 Bedrooms | $161.7K | $180.3K | +11.5% |
5+ Bedrooms | $200K | $195K | -2.5% |
Summary: Youngstown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
Campbell | $90.7K | $109K | +20.1% |
Struthers | $112.2K | $129.5K | +15.4% |
Youngstown | $134.1K | $145.5K | +8.5% |
Liberty Township | $135K | $141K | +4.4% |
Housing Supply in Youngstown, OH
How many homes are available in Youngstown, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
479 | 491 | +2.5% |
Summary: The Youngstown real estate market had 491 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 76 | 77 | +1.3% |
3 Bedrooms | 267 | 268 | 0.4% |
4 Bedrooms | 106 | 106 | 0.0% |
5+ Bedrooms | 28 | 36 | +28.6% |
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 increased by 1.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
118 | 125 | +5.9% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 125 homes were sold or pending in Youngstown in March 2024, up by 5.9% month-over-month. Of the 125 sold homes, 54% were sold under asking, 16% were sold at asking, and 30% were sold over asking.
Days on Market for Youngstown, OH
How long does it take to sell a home in Youngstown, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 63 Days | +25.5% |
Summary: Homes in Youngstown had an average of 63 days on market in Mar 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
44 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Summary: During March 2024, 125 homes were sold in Youngstown; 38% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.