Is Central Northside, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central Northside is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Central Northside was a Seller's Market.

Key Takeaway

Central Northside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Central Northside, PA

How much do homes in Central Northside, PA cost?

Median Sold Price

$450,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$43,000(+10.6%)

Key Takeaway

Homes in Central Northside have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Central Northside was $450,000 in April 2024, up 10.6% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $331.2K$263.1K
-20.5%
2 $340K$97.9K
-71.2%
3 $422K$449.9K
+6.6%
4 $515K$530.7K
+3.1%
5+ $195K$540K
+176.9%

Summary: Central Northside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.5%, 2 bedroom homes decreased by 71.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 176.9%.

Housing Supply in Central Northside, PA

How many homes are available in Central Northside, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2326+13.0%

Summary: The Central Northside real estate market had 26 homes for sale in April 2024, a 13.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 66
0.0%
3 1113
+18.2%
4 35
+66.7%
5+ 22
0.0%

Summary: The Central Northside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Central Northside, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Central Northside in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Central Northside, PA

How long does it take to sell a home in Central Northside, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
78 Days58 Days-26.3%

Summary: Homes in Central Northside had an average of 58 days on market in Apr 2024, down by 26.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Central Northside has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Central Northside; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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