Is North Central, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Central was a Seller's Market.
Key Takeaway
North Central 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 North Central, TX
How much do homes in North Central, TX cost?
Median Sold Price
$686,580
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Central have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in North Central was $686,580 in May 2024, down 1.8% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $263.5K | $239.5K | -9.1% |
| 2 Bedrooms | $496K | $399.5K | -19.5% |
| 3 Bedrooms | $730K | $677K | -7.2% |
| 4 Bedrooms | $1.3M | $1.2M | -6.5% |
| 5+ Bedrooms | $1.6M | $1.9M | +19.4% |
Summary: North Central housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Violet Crown Heights | $849K | $875K | +3.1% |
| North Central | $699.5K | $686.5K | -1.8% |
Housing Supply in North Central, TX
How many homes are available in North Central, TX?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 292 | 325 | +11.3% |
Summary: The North Central real estate market had 325 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 15 | -11.8% |
| 2 Bedrooms | 69 | 71 | +2.9% |
| 3 Bedrooms | 113 | 131 | +15.9% |
| 4 Bedrooms | 69 | 79 | +14.5% |
| 5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The North Central housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 49 | -14.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Central, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in North Central in May 2024, down by 14.0% month-over-month. Of the 49 sold homes, 59% were sold under asking, 18% were sold at asking, and 22% were sold over asking.
Days on Market for North Central, TX
How long does it take to sell a home in North Central, TX?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 43 Days | +23.1% |
Summary: Homes in North Central had an average of 43 days on market in May 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Central are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 49 homes were sold in North Central; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.