Is North Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, North Hills was a Buyer's Market.
Housing Prices in North Hills, NY
How much do homes in North Hills, NY cost?
Median Sold Price
$1,645,000
$495/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in North Hills was $1,645,000 in June 2024, up 8.9% from last year, and the median price per square foot was $495.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $585K | - | N/A |
2 Bedrooms | $1.3M | $1.3M | +3.1% |
3 Bedrooms | $1.4M | $1.5M | +7.1% |
4 Bedrooms | $2.1M | $1.7M | -18.5% |
5+ Bedrooms | $1.8M | $2.5M | +36.9% |
Summary: North Hills housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 36.9%.
Median Sold Price Compared To Nearby Cities
North Hempstead | $872.8K | $963.1K | +10.3% |
North Hills | $1.5M | $1.6M | +8.9% |
Lake Success | $1.6M | $1.6M | +3.1% |
Housing Supply in North Hills, NY
How many homes are available in North Hills, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
48 | 46 | -4.2% |
Summary: The North Hills real estate market had 46 homes for sale in June 2024, a 4.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The North Hills housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in North Hills in June 2024, down by 22.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for North Hills, NY
How long does it take to sell a home in North Hills, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
92 Days | 22 Days | -76.0% |
Summary: Homes in North Hills had an average of 22 days on market in Jun 2024, down by 76% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 7 homes were sold in North Hills; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.