Is Youngsville Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Youngsville Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Youngsville Township has remained a Seller's Market.

Key Takeaway

Youngsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Youngsville Township, NC

How much do homes in Youngsville Township, NC cost?

Median Sold Price

$431,608

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,608(+4.0%)

Key Takeaway

Homes in Youngsville Township have sold for 4% more than they did a year ago.

Summary: The median home sold price in Youngsville Township was $431,608 in November 2024, up 4% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$95K
-55.8%
2 $458.5K$397.4K
-13.3%
3 $382.8K$390K
+1.9%
4 $450K$525K
+16.7%
5+ $431.9K$434.9K
+0.7%

Summary: Youngsville Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55.8%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Harris Township
+7.8%
Youngsville
+4.8%
Youngsville Township
+4.0%
Franklinton Township
+1.3%
Wake Forest
0.1%

Housing Supply in Youngsville Township, NC

How many homes are available in Youngsville Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
180161-10.6%

Summary: The Youngsville Township real estate market had 161 homes for sale in November 2024, a 10.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 8273
-11.0%
4 7471
-4.1%
5+ 2014
-30.0%

Summary: The Youngsville Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4033-17.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Youngsville Township, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Youngsville Township in November 2024, down by 17.5% month-over-month. Of the 33 sold homes, 48% were sold under asking, 30% were sold at asking, and 21% 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

Nov 2023Nov 2024CHANGE
83 Days51 Days-38.4%

Summary: Homes in Youngsville Township had an average of 51 days on market in Nov 2024, down by 38.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Youngsville Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 33 homes were sold in Youngsville Township; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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