Is North, MD 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 has remained a Seller's Market.
Housing Prices in North, MD
How much do homes in North, MD cost?
Median Sold Price
$273,378
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North was $273,378 in April 2024, up 6.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $145K | +26.1% |
2 Bedrooms | $200K | $221K | +10.5% |
3 Bedrooms | $249.1K | $252.2K | +1.2% |
4 Bedrooms | $325K | $358.5K | +10.3% |
5+ Bedrooms | $626.5K | $687.6K | +9.8% |
Summary: North housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.1%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
North | $256.3K | $273.3K | +6.6% |
Roland Park | $686K | $725K | +5.7% |
Housing Supply in North, MD
How many homes are available in North, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
370 | 418 | +13.0% |
Summary: The North real estate market had 418 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 15 | 0.0% |
2 Bedrooms | 70 | 79 | +12.9% |
3 Bedrooms | 163 | 180 | +10.4% |
4 Bedrooms | 71 | 83 | +16.9% |
5+ Bedrooms | 51 | 61 | +19.6% |
Summary: The North 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 12.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 19.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 84 | -5.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in North in April 2024, down by 5.6% month-over-month. Of the 84 sold homes, 32% were sold under asking, 19% were sold at asking, and 49% were sold over asking.
Days on Market for North, MD
How long does it take to sell a home in North, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 28 Days | -14.5% |
Summary: Homes in North had an average of 28 days on market in Apr 2024, down by 14.5% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 84 homes were sold in North; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.