Is Northside, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Northside has remained a Seller's Market.
Key Takeaway
Northside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northside, FL
How much do homes in Northside, FL cost?
Median Sold Price
$322,868
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Northside have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Northside was $322,868 in May 2024, down 0.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $197K | -14.3% |
| 3 Bedrooms | $285K | $290K | +1.7% |
| 4 Bedrooms | $370K | $352K | -4.9% |
| 5+ Bedrooms | $450K | $404.9K | -10.0% |
Summary: Northside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 10%.
Median Sold Price Compared To Nearby Neighborhoods
| Northside | $324.9K | $322.8K | -0.7% |
| Duval | $285K | $275K | -3.5% |
Housing Supply in Northside, FL
How many homes are available in Northside, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 569 | 589 | +3.5% |
Summary: The Northside real estate market had 589 homes for sale in May 2024, a 3.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 274 | 280 | +2.2% |
| 4 Bedrooms | 226 | 236 | +4.4% |
| 5+ Bedrooms | 41 | 43 | +4.9% |
Summary: The Northside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 4.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 101 | 111 | +9.9% |
Asking Price vs. Sold Price
65 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northside, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.
Summary: A total of 111 homes were sold or pending in Northside in May 2024, up by 9.9% month-over-month. Of the 111 sold homes, 59% were sold under asking, 25% were sold at asking, and 16% were sold over asking.
Days on Market for Northside, FL
How long does it take to sell a home in Northside, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 76 Days | 57 Days | -24.2% |
Summary: Homes in Northside had an average of 57 days on market in May 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northside are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 111 homes were sold in Northside; 45% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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