Is North Side, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Side is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, North Side was a Seller's Market.

Key Takeaway

North Side is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Side, PA

How much do homes in North Side, PA cost?

Median Sold Price

$187,500

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$3,500(+1.9%)

Key Takeaway

Homes in North Side have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in North Side was $187,500 in May 2024, up 1.9% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $85K$119.9K
+41.1%
2 $130K$134.5K
+3.5%
3 $190K$185K
-2.6%
4 $237K$235K
-0.8%
5+ $265K$267.5K
+0.9%

Summary: North Side housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.1%, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Neighborhoods

Perry South
+16.4%
North Side
+1.9%
Perry North
-11.2%

Housing Supply in North Side, PA

How many homes are available in North Side, PA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
190222+16.8%

Summary: The North Side real estate market had 222 homes for sale in May 2024, a 16.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 34
+33.3%
2 4958
+18.4%
3 8395
+14.5%
4 3746
+24.3%
5+ 1819
+5.6%

Summary: The North Side housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3037+23.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Side, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in North Side in May 2024, up by 23.3% month-over-month. Of the 37 sold homes, 51% were sold under asking, 8% were sold at asking, and 41% were sold over asking.

Days on Market for North Side, PA

How long does it take to sell a home in North Side, PA?

Average Sale Time

May 2023May 2024CHANGE
45 Days56 Days+21.8%

Summary: Homes in North Side had an average of 56 days on market in May 2024, up by 21.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 37 homes were sold in North Side; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 16% 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 1 Day Ago

Newest Listings in North Side, PA

Nearby Markets to North Side, PA