Is Youngsville Township, NC 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, 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
$425,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Youngsville Township was $425,000 in May 2024, up 2.4% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $95K | -55.8% |
2 Bedrooms | $440K | $468.7K | +6.5% |
3 Bedrooms | $383K | $385K | 0.5% |
4 Bedrooms | $440K | $495.9K | +12.7% |
5+ Bedrooms | $433.4K | $449.4K | +3.7% |
Summary: Youngsville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.8%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
Youngsville | $419.5K | $438.1K | +4.4% |
Wake Forest | $525.7K | $539.2K | +2.6% |
Youngsville Township | $414.9K | $425K | +2.4% |
Harris Township | $369.9K | $364.4K | -1.5% |
Franklinton Township | $376.8K | $369.1K | -2.0% |
Housing Supply in Youngsville Township, NC
How many homes are available in Youngsville Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
164 | 173 | +5.5% |
Summary: The Youngsville Township real estate market had 173 homes for sale in May 2024, a 5.5% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 62 | 69 | +11.3% |
4 Bedrooms | 82 | 80 | -2.4% |
5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The Youngsville Township 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 remained the same, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 36 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Youngsville Township in May 2024, the same as the previous month. Of the 36 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
86 Days | 17 Days | -80.1% |
Summary: Homes in Youngsville Township had an average of 17 days on market in May 2024, down by 80.1% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 36 homes were sold in Youngsville Township; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.