Is North Hill, OH 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 Hill has remained a Seller's Market.
Key Takeaway
North Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Hill, OH
How much do homes in North Hill, OH cost?
Median Sold Price
$110,000
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Hill have sold for 10% more than they did a year ago.
Summary: The median home sold price in North Hill was $110,000 in April 2024, up 10% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51K | $78.7K | +54.3% |
| 2 Bedrooms | $85K | $90.9K | +7.0% |
| 3 Bedrooms | $110K | $118K | +7.3% |
| 4 Bedrooms | $104.5K | $119.9K | +14.8% |
| 5+ Bedrooms | $91.5K | $136K | +48.6% |
Summary: North Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.3%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 48.6%.
Median Sold Price Compared To Nearby Neighborhoods
| North Hill | $100K | $110K | +10.0% |
| Chapel Hill | $114.5K | $124.5K | +8.7% |
| Elizabeth Park Valley | $107K | $110.5K | +3.3% |
| Merriman Valley | $280K | $255.5K | -8.8% |
Housing Supply in North Hill, OH
How many homes are available in North Hill, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 59 | +3.5% |
Summary: The North Hill real estate market had 59 homes for sale in April 2024, a 3.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The North Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Hill, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in North Hill in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for North Hill, OH
How long does it take to sell a home in North Hill, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 27 Days | -42.0% |
Summary: Homes in North Hill had an average of 27 days on market in Apr 2024, down by 42% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Hill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in North Hill; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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