Youngsville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Youngsville, NC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Youngsville Housing Market Information

With a population of 1,217, 606 total housing units (homes and apartments), and a median house value of $176,379, Youngsville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Youngsville, accounting for 48.77% of the town's housing units. Other types of housing that are prevalent in Youngsville include large apartment complexes or high rise apartments ( 45.71%), mobile homes or trailers ( 2.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.30%).

People in Youngsville primarily live in small (one, two or no bedroom) single-family detached homes. Youngsville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Youngsville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Youngsville built between 2000 and later ( 37.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.90%). There's also some housing in Youngsville built before 1939 ( 8.90%).

Youngsville Home Appreciation Rates

Appreciation rates for homes in Youngsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.99%, which ranks in the top 50% nationwide. This equates to an annual average Youngsville house appreciation rate of 0.29%.

NeighborhoodScout's data show that during the latest twelve months, Youngsville's appreciation rate, at 4.60%, has been at or slightly above the national average. In the latest quarter, Youngsville's appreciation rate has been 2.42%, which annualizes to a rate of 10.04%.

Importantly, this makes Youngsville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to North Carolina, our data show that Youngsville's latest annual appreciation rate is higher than 70% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$176,379

Youngsville, NC HOME PRICES

Value Range
> $1,102,000 1.4
$827,001 - $1,102,000 0.1
$551,001 - $827,000 1.1
$441,001 - $551,000 2.6
$331,001 - $441,000 14.0
$221,001 - $331,000 24.0
$110,001 - $221,000 45.4
$55,001 - $110,000 7.7
$0 - $55,000 3.7

High for NC
High for Nation

Value Relative to Nation Value Relative to State
39.4351341849291 31.0344827586207

Number Of Homes And Apartments:
606

Youngsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
22.09% 1.16% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,056 / per month

Homeownership Rate

Homeownership
Owners 36.30
Renters 63.70
Vacant 7.06

Housing Market Details

 

Age of Homes

AGE OF Youngsville HOMES
2000 or Newer 37.7
1970 - 1999 44.5
1940 - 1969 8.9
1939 or Older 8.9

Types of Homes

TYPE OF Youngsville HOMES
Single-Family 48.8
Townhomes 0.9
Small Apt. Buildings 2.3
Apt. Complexes 45.7
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Youngsville HOMES
No Bedroom 2.30
1 Bedroom 12.12
2 Bedrooms 46.17
3 Bedrooms 32.52
4 Bedrooms 4.14
5 or more bedrooms 2.76

Popular Neighborhoods in Youngsville

Zip Codes in Youngsville, NC