Youngstown, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Youngstown, NY 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

Youngstown Housing Market Information

With a population of 1,921, 801 total housing units (homes and apartments), and a median house value of $163,866, Youngstown real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Youngstown, accounting for 75.83% of the village's housing units. Other types of housing that are prevalent in Youngstown include duplexes, homes converted to apartments or other small apartment buildings ( 11.20%), large apartment complexes or high rise apartments ( 10.38%), and a few row houses and other attached homes ( 2.59%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Youngstown. Owner-occupied housing accounts for 80.15% of Youngstown's homes, and 63.21% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Youngstown's housing was primarily built during this period, from the '40s through the '60s. A full 51.30% of the village's housing hails from this era. Other housing ages represented in Youngstown include homes built before 1939 ( 25.00%) and housing constructed between 1970-1999 ( 21.82%). There's also some housing in Youngstown built between 2000 and later ( 1.89%).

Youngstown Home Appreciation Rates

Appreciation rates for homes in Youngstown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.44%, which ranks in the top 50% nationwide. This equates to an annual average Youngstown house appreciation rate of 0.24%.

Over the last year, Youngstown appreciation rates have trailed the rest of the nation. In the last twelve months, Youngstown's appreciation rate has been 1.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Youngstown were at -0.40%, which equates to an annual appreciation rate of -1.57%.

Relative to New York, our data show that Youngstown's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$163,866

Youngstown, NY HOME PRICES

Value Range
> $1,002,000 2.0
$751,001 - $1,002,000 0.0
$501,001 - $751,000 2.9
$401,001 - $501,000 4.4
$300,001 - $401,000 6.0
$200,001 - $300,000 15.3
$100,001 - $200,000 47.3
$50,001 - $100,000 17.8
$0 - $50,000 4.2

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
44.1228172975507 53.6475869809203

Number Of Homes And Apartments:
801

Youngstown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
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
38.95% 1.93% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$982 / per month

Homeownership Rate

Homeownership
Owners 80.15
Renters 19.85
Vacant 5.54

Housing Market Details

 

Age of Homes

AGE OF Youngstown HOMES
2000 or Newer 1.9
1970 - 1999 21.8
1940 - 1969 51.3
1939 or Older 25.0

Types of Homes

TYPE OF Youngstown HOMES
Single-Family 75.8
Townhomes 2.6
Small Apt. Buildings 11.2
Apt. Complexes 10.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Youngstown HOMES
No Bedroom 2.83
1 Bedroom 4.48
2 Bedrooms 25.59
3 Bedrooms 44.81
4 Bedrooms 18.40
5 or more bedrooms 3.89

Popular Neighborhoods in Youngstown

Zip Codes in Youngstown, NY