Is North Central, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Central is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, North Central has remained a Seller's Market.

Key Takeaway

North Central is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Central, TX

How much do homes in North Central, TX cost?

Median Sold Price

$676,601

$452/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$48,399(-6.7%)

Key Takeaway

Homes in North Central have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in North Central was $676,601 in April 2024, down 6.7% from last year, and the median price per square foot was $452.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $270K$240K
-11.1%
2 $496K$415K
-16.3%
3 $750.5K$673.6K
-10.2%
4 $1.1M$1.2M
+5.6%
5+ $1.5M$1.9M
+27.5%

Summary: North Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 16.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 27.5%.

Median Sold Price Compared To Nearby Neighborhoods

Violet Crown Heights
+2.8%
North Central
-6.7%

Housing Supply in North Central, TX

How many homes are available in North Central, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
268302+12.7%

Summary: The North Central real estate market had 302 homes for sale in April 2024, a 12.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1516
+6.7%
2 6972
+4.3%
3 100115
+15.0%
4 6172
+18.0%
5+ 2327
+17.4%

Summary: The North Central housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 17.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6354-14.3%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Central, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in North Central in April 2024, down by 14.3% month-over-month. Of the 54 sold homes, 59% were sold under asking, 19% were sold at asking, and 22% were sold over asking.

Days on Market for North Central, TX

How long does it take to sell a home in North Central, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days42 Days-3.5%

Summary: Homes in North Central had an average of 42 days on market in Apr 2024, down by 3.5% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 54 homes were sold in North Central; 72% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 15% 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 5 Days Ago

Newest Listings in North Central, TX

Nearby Markets to North Central, TX