Is North Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, North Hills has remained a Buyer's Market.
Housing Prices in North Hills, NY
How much do homes in North Hills, NY cost?
Median Sold Price
$1,554,000
$478/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Hills was $1,554,000 in March 2024, up 1.2% from last year, and the median price per square foot was $478.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $585K | - | N/A |
2 Bedrooms | $1.3M | $1.1M | -11.7% |
3 Bedrooms | $1.4M | $1.4M | +3.3% |
4 Bedrooms | $1.8M | $1.8M | 0.4% |
5+ Bedrooms | $1.8M | $2.5M | +36.5% |
Summary: North Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 36.5%.
Median Sold Price Compared To Nearby Cities
North Hempstead | $888.5K | $919.2K | +3.4% |
North Hills | $1.5M | $1.5M | +1.2% |
Lake Success | $1.6M | $1.6M | -1.5% |
Housing Supply in North Hills, NY
How many homes are available in North Hills, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 42 | +10.5% |
Summary: The North Hills real estate market had 42 homes for sale in March 2024, a 10.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The North Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in North Hills in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
130 Days | 117 Days | -9.8% |
Summary: Homes in North Hills had an average of 117 days on market in Mar 2024, down by 9.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in North Hills; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% of homes were sold over 90 days.