Is Youngtown, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Youngtown has remained a Seller's Market.
Housing Prices in Youngtown, AZ
How much do homes in Youngtown, AZ cost?
Median Sold Price
$333,200
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Youngtown was $333,200 in May 2024, up 7.5% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | - | N/A |
2 Bedrooms | $271.5K | $300K | +10.5% |
3 Bedrooms | $336.7K | $349K | +3.6% |
4 Bedrooms | $399.9K | $398K | -0.5% |
5+ Bedrooms | $430K | $512.9K | +19.3% |
Summary: Youngtown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
Youngtown | $310K | $333.2K | +7.5% |
El Mirage | $369.9K | $360K | -2.7% |
Housing Supply in Youngtown, AZ
How many homes are available in Youngtown, AZ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 45 | +18.4% |
Summary: The Youngtown real estate market had 45 homes for sale in May 2024, a 18.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 25 | 33 | +32.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Youngtown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 32%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Youngtown in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 55% were sold at asking, and 27% were sold over asking.
Days on Market for Youngtown, AZ
How long does it take to sell a home in Youngtown, AZ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 65 Days | +4.5% |
Summary: Homes in Youngtown had an average of 65 days on market in May 2024, up by 4.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Youngtown; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.