Is North Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Hills was a Buyer's Market.
Housing Prices in North Hills, NY
How much do homes in North Hills, NY cost?
Median Sold Price
$1,554,000
$489/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Hills was $1,554,000 in April 2024, up 1.1% from last year, and the median price per square foot was $489.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $585K | - | N/A |
2 Bedrooms | $1.3M | $1.2M | -12.7% |
3 Bedrooms | $1.4M | $1.4M | +1.6% |
4 Bedrooms | $1.8M | $1.8M | -3.2% |
5+ Bedrooms | $1.8M | $2.4M | +32.4% |
Summary: North Hills 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 decreased by 12.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 32.4%.
Median Sold Price Compared To Nearby Cities
North Hempstead | $870.7K | $939K | +7.8% |
North Hills | $1.5M | $1.5M | +1.1% |
Lake Success | $1.6M | $1.6M | -2.4% |
Housing Supply in North Hills, NY
How many homes are available in North Hills, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 45 | +4.7% |
Summary: The North Hills real estate market had 45 homes for sale in April 2024, a 4.7% 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 | 10 | 12 | +20.0% |
3 Bedrooms | 23 | 23 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The North Hills 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in North Hills in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for North Hills, NY
How long does it take to sell a home in North Hills, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
170 Days | 35 Days | -79.1% |
Summary: Homes in North Hills had an average of 35 days on market in Apr 2024, down by 79.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in North Hills; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.