Is Northridge Estates, 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, Northridge Estates has remained a Seller's Market.
Key Takeaway
Northridge Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northridge Estates, OH
How much do homes in Northridge Estates, OH cost?
Median Sold Price
$187,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Northridge Estates have sold for 22.9% less than they did a year ago.
Summary: The median home sold price in Northridge Estates was $187,000 in April 2024, down 22.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $134.9K | -20.6% |
| 3 Bedrooms | $219K | $180K | -17.8% |
| 4 Bedrooms | $274.9K | $283.9K | +3.3% |
| 5+ Bedrooms | $340K | - | N/A |
Summary: Northridge Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.6%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.
Housing Supply in Northridge Estates, OH
How many homes are available in Northridge Estates, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Summary: The Northridge Estates real estate market had 4 homes for sale in April 2024, a 60.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northridge Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northridge Estates, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Northridge Estates in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Northridge Estates, OH
How long does it take to sell a home in Northridge Estates, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 249 Days | 53 Days | -78.8% |
Summary: Homes in Northridge Estates had an average of 53 days on market in Apr 2024, down by 78.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northridge Estates are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Northridge Estates; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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