$6,531 Closing Credit*
$550,000
2,654 SqFt
4 Beds
•3 Full Baths
Peter S Kima, Chad Wingler, Listing Office: Real Broker, LLC
Is Youngsville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Youngsville was a Seller's Market.
Key Takeaway
Youngsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Youngsville, NC
How much do homes in Youngsville, NC cost?
Median Sold Price
$445,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+4.7%)
Key Takeaway
Homes in Youngsville have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Youngsville was $445,000 in September 2024, up 4.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $95K | -55.8% |
| 2 Bedrooms | $445K | $257.4K | -42.2% |
| 3 Bedrooms | $385K | $399K | +3.6% |
| 4 Bedrooms | $476.6K | $545K | +14.3% |
| 5+ Bedrooms | $471.2K | $500K | +6.1% |
Summary: Youngsville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.8%, 2 bedroom homes decreased by 42.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
| Youngsville | $425K | $445K | +4.7% |
| Youngsville Township | $415.6K | $432.2K | +4.0% |
Housing Supply in Youngsville, NC
How many homes are available in Youngsville, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 131 | 141 | +7.6% |
Summary: The Youngsville real estate market had 141 homes for sale in September 2024, a 7.6% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 63 | 71 | +12.7% |
| 4 Bedrooms | 60 | 58 | -3.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Youngsville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Youngsville, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Youngsville in September 2024, down by 11.5% month-over-month. Of the 23 sold homes, 57% were sold under asking, 39% were sold at asking, and 4% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 111 Days | 68 Days | -38.7% |
Summary: Homes in Youngsville had an average of 68 days on market in Sep 2024, down by 38.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Youngsville has remained consistent over time.
Summary: During September 2024, 23 homes were sold in Youngsville; 30% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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