$2,019 Closing Credit*
$169,989
1,515 SqFt
3 Beds
•1 Full Bath, 1 Partial
Andrew Spangenberger, Listing Office: Cummings & Co. Realtors
Is North, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$272,806
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,091(+2.7%)
Key Takeaway
Homes in North have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in North was $272,806 in October 2024, up 2.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $145K | +3.6% |
| 2 Bedrooms | $210K | $234.5K | +11.7% |
| 3 Bedrooms | $248.4K | $250.8K | +1.0% |
| 4 Bedrooms | $358K | $349.9K | -2.2% |
| 5+ Bedrooms | $675.3K | $609K | -9.8% |
Summary: North housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Roland Park | $686K | $822.5K | +19.9% |
| North | $265.7K | $272.8K | +2.7% |
Housing Supply in North, MD
How many homes are available in North, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 380 | 425 | +11.8% |
Summary: The North real estate market had 425 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 17 | +13.3% |
| 2 Bedrooms | 77 | 78 | +1.3% |
| 3 Bedrooms | 180 | 192 | +6.7% |
| 4 Bedrooms | 63 | 88 | +39.7% |
| 5+ Bedrooms | 45 | 50 | +11.1% |
Summary: The North housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 83 | -1.2% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North, you could pay more than the asking price. 45.8% of homes here sold above asking price last month.
Summary: A total of 83 homes were sold or pending in North in October 2024, down by 1.2% month-over-month. Of the 83 sold homes, 29% were sold under asking, 25% were sold at asking, and 46% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +24.7% |
Summary: Homes in North had an average of 25 days on market in Oct 2024, up by 24.7% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 83 homes were sold in North; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
