Is North Side, VA 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, North Side has remained a Seller's Market.
Housing Prices in North Side, VA
How much do homes in North Side, VA cost?
Median Sold Price
$351,825
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Side was $351,825 in April 2024, up 3.8% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $206K | $238.2K | +15.7% |
3 Bedrooms | $327K | $337K | +3.1% |
4 Bedrooms | $415.5K | $410K | -1.3% |
5+ Bedrooms | $559.4K | $501K | -10.5% |
Summary: North Side 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 increased by 15.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in North Side, VA
How many homes are available in North Side, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
123 | 143 | +16.3% |
Summary: The North Side real estate market had 143 homes for sale in April 2024, a 16.3% increase 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 | 13 | 16 | +23.1% |
3 Bedrooms | 69 | 82 | +18.8% |
4 Bedrooms | 34 | 38 | +11.8% |
5+ Bedrooms | 7 | 7 | 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 23.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 47 | +56.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in North Side in April 2024, up by 56.7% month-over-month. Of the 47 sold homes, 32% were sold under asking, 28% were sold at asking, and 40% were sold over asking.
Days on Market for North Side, VA
How long does it take to sell a home in North Side, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 21 Days | +8.5% |
Summary: Homes in North Side had an average of 21 days on market in Apr 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in North Side; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.