Is North York, PA 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, North York has remained a Seller's Market.
Key Takeaway
North York is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North York, PA
How much do homes in North York, PA cost?
Median Sold Price
$148,250
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North York have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in North York was $148,250 in May 2024, down 8.8% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $124K | $67.7K | -45.4% |
| 3 Bedrooms | $170K | $148.2K | -12.8% |
| 4 Bedrooms | $128.5K | $130K | +1.2% |
| 5+ Bedrooms | $157.4K | $169.9K | +8.0% |
Summary: North York 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 45.4%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
| York | $209.6K | $235K | +12.1% |
| Spring Garden Township | $250K | $272K | +8.8% |
| Manchester Township | $265K | $275.4K | +3.9% |
| North York | $162.5K | $148.2K | -8.8% |
Housing Supply in North York, PA
How many homes are available in North York, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The North York real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The North York 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North York, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in North York in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for North York, PA
How long does it take to sell a home in North York, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 13 Days | +18.2% |
Summary: Homes in North York had an average of 13 days on market in May 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North York are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in North York; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
