Is North Side, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Side is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Side was a Seller's Market.

Key Takeaway

North Side is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Side, PA

How much do homes in North Side, PA cost?

Median Sold Price

$179,850

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$7,435(-4.0%)

Key Takeaway

Homes in North Side have sold for 4% less than they did a year ago.

Summary: The median home sold price in North Side was $179,850 in April 2024, down 4% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $85K$191.5K
+125.3%
2 $136K$115K
-15.4%
3 $190K$180K
-5.3%
4 $245K$240K
-2.0%
5+ $265K$275K
+3.8%

Summary: North Side housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125.3%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Neighborhoods

North Side
-4.0%
Perry South
-19.8%

Housing Supply in North Side, PA

How many homes are available in North Side, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
186201+8.1%

Summary: The North Side real estate market had 201 homes for sale in April 2024, a 8.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 4952
+6.1%
3 7786
+11.7%
4 3740
+8.1%
5+ 2020
0.0%

Summary: The North Side 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 increased by 6.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3029-3.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Side, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in North Side in April 2024, down by 3.3% month-over-month. Of the 29 sold homes, 59% were sold under asking, 14% were sold at asking, and 28% were sold over asking.

Days on Market for North Side, PA

How long does it take to sell a home in North Side, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
85 Days71 Days-17.2%

Summary: Homes in North Side had an average of 71 days on market in Apr 2024, down by 17.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Side are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 29 homes were sold in North Side; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% 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 2 Days Ago

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