Is Northport, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northport is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Northport has remained a Seller's Market.

Key Takeaway

Northport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northport, ND

How much do homes in Northport, ND cost?

Median Sold Price

$265,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,000(+10.4%)

Key Takeaway

Homes in Northport have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Northport was $265,000 in December 2024, up 10.4% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $230K$190K
-17.4%
3 $235K$259K
+10.2%
4 $271.2K$293K
+8.0%
5+ $295K$299.9K
+1.7%

Summary: Northport housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Neighborhoods

Northport
+10.4%
Trollwood
-0.7%
Washington
-0.9%

Housing Supply in Northport, ND

How many homes are available in Northport, ND?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1312-7.7%

Summary: The Northport real estate market had 12 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 34
+33.3%
5+ 32
-33.3%

Summary: The Northport housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northport, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Northport in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Northport, ND

How long does it take to sell a home in Northport, ND?

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 4 homes were sold in Northport; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Northport, ND

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