Is Youngstown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$145,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Youngstown was $145,000 in February 2024, up 7.6% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $81K | $77K | -4.9% |
2 Bedrooms | $96.3K | $110K | +14.2% |
3 Bedrooms | $134.9K | $144.8K | +7.3% |
4 Bedrooms | $159.9K | $180.5K | +12.9% |
5+ Bedrooms | $200.1K | $182.5K | -8.8% |
Summary: Youngstown housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Cities
Struthers | $110K | $125.5K | +14.1% |
Campbell | $95K | $105K | +10.5% |
Youngstown | $134.7K | $145K | +7.6% |
Liberty Township | $135K | $140K | +3.7% |
Housing Supply in Youngstown, OH
How many homes are available in Youngstown, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
478 | 482 | +0.8% |
Summary: The Youngstown real estate market had 482 homes for sale in February 2024, a 0.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 71 | 77 | +8.5% |
3 Bedrooms | 264 | 259 | -1.9% |
4 Bedrooms | 112 | 114 | +1.8% |
5+ Bedrooms | 27 | 30 | +11.1% |
Summary: The Youngstown housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
119 | 106 | -10.9% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 106 homes were sold or pending in Youngstown in February 2024, down by 10.9% month-over-month. Of the 106 sold homes, 58% were sold under asking, 20% were sold at asking, and 23% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
56 Days | 55 Days | -2.0% |
Summary: Homes in Youngstown had an average of 55 days on market in Feb 2024, down by 2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During February 2024, 106 homes were sold in Youngstown; 29% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.