Is North Central, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Central has remained a Seller's Market.
Housing Prices in North Central, TX
How much do homes in North Central, TX cost?
Median Sold Price
$676,601
$452/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Central was $676,601 in April 2024, down 6.7% from last year, and the median price per square foot was $452.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $240K | -11.1% |
2 Bedrooms | $496K | $415K | -16.3% |
3 Bedrooms | $750.5K | $673.6K | -10.2% |
4 Bedrooms | $1.1M | $1.2M | +5.6% |
5+ Bedrooms | $1.5M | $1.9M | +27.5% |
Summary: North Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 27.5%.
Median Sold Price Compared To Nearby Neighborhoods
Violet Crown Heights | $849K | $872.5K | +2.8% |
North Central | $725K | $676.6K | -6.7% |
Housing Supply in North Central, TX
How many homes are available in North Central, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
268 | 302 | +12.7% |
Summary: The North Central real estate market had 302 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 16 | +6.7% |
2 Bedrooms | 69 | 72 | +4.3% |
3 Bedrooms | 100 | 115 | +15.0% |
4 Bedrooms | 61 | 72 | +18.0% |
5+ Bedrooms | 23 | 27 | +17.4% |
Summary: The North Central housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 54 | -14.3% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in North Central in April 2024, down by 14.3% month-over-month. Of the 54 sold homes, 59% were sold under asking, 19% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 42 Days | -3.5% |
Summary: Homes in North Central had an average of 42 days on market in Apr 2024, down by 3.5% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 54 homes were sold in North Central; 72% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.