$178 Closing Credit*
$14,999
3 Beds
•2 Full Baths
Joseph Leroy Jones, Listing Office: Keller Williams Legacy
Is North, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North has remained a Seller's Market.
Key Takeaway
North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North, MD
How much do homes in North, MD cost?
Median Sold Price
$275,395
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,424(+2.0%)
Key Takeaway
Homes in North have sold for 2% more than they did a year ago.
Summary: The median home sold price in North was $275,395 in November 2024, up 2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.2K | $145K | +4.1% |
| 2 Bedrooms | $216K | $236K | +9.3% |
| 3 Bedrooms | $248.9K | $255K | +2.5% |
| 4 Bedrooms | $363.3K | $349.9K | -3.7% |
| 5+ Bedrooms | $687.6K | $595K | -13.5% |
Summary: North housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Roland Park | $625K | $825K | +32.0% |
| North | $269.9K | $275.3K | +2.0% |
Housing Supply in North, MD
How many homes are available in North, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 383 | 376 | -1.8% |
Summary: The North real estate market had 376 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 12 | -25.0% |
| 2 Bedrooms | 77 | 67 | -13.0% |
| 3 Bedrooms | 164 | 167 | +1.8% |
| 4 Bedrooms | 76 | 85 | +11.8% |
| 5+ Bedrooms | 50 | 45 | -10.0% |
Summary: The North housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 75 | -14.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North, you could pay more than the asking price. 42.7% of homes here sold above asking price last month.
Summary: A total of 75 homes were sold or pending in North in November 2024, down by 14.8% month-over-month. Of the 75 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 30 Days | -7.1% |
Summary: Homes in North had an average of 30 days on market in Nov 2024, down by 7.1% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 75 homes were sold in North; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
