$9,500 Closing Credit*
$800,000
2,548 SqFt
4 Beds
•3 Full Baths
Angelina Peel, Listing Office: Power & Peel Real Estate
Is Oak Park - Northwood, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Oak Park - Northwood was a Seller's Market.
Key Takeaway
Oak Park - Northwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oak Park - Northwood, TX
How much do homes in Oak Park - Northwood, TX cost?
Median Sold Price
$499,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$46,500(+10.3%)
Key Takeaway
Homes in Oak Park - Northwood have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Oak Park - Northwood was $499,000 in August 2024, up 10.3% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $135K | -14.0% |
| 2 Bedrooms | $215K | $264.2K | +22.9% |
| 3 Bedrooms | $475K | $477.5K | 0.5% |
| 4 Bedrooms | $746K | $645K | -13.5% |
| 5+ Bedrooms | $800K | $762.1K | -4.7% |
Summary: Oak Park - Northwood housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Oak Park - Northwood | $452.5K | $499K | +10.3% |
| Northridge Park | $532K | $544.8K | +2.4% |
Housing Supply in Oak Park - Northwood, TX
How many homes are available in Oak Park - Northwood, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 116 | 122 | +5.2% |
Summary: The Oak Park - Northwood real estate market had 122 homes for sale in August 2024, a 5.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 11 | 0.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 57 | 60 | +5.3% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Oak Park - Northwood housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Park - Northwood, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Oak Park - Northwood in August 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Oak Park - Northwood, TX
How long does it take to sell a home in Oak Park - Northwood, TX?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 22 Days | 74 Days | +226.4% |
Summary: Homes in Oak Park - Northwood had an average of 74 days on market in Aug 2024, up by 226.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oak Park - Northwood are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 12 homes were sold in Oak Park - Northwood; 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.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved. 
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.