Is North Creek, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Creek is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Creek, NY

How much do homes in North Creek, NY cost?

Median Sold Price

$339,250

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,250(+5.4%)

Key Takeaway

Homes in North Creek have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in North Creek was $339,250 in November 2024, up 5.4% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K-
N/A
2 $298.5K$305K
+2.2%
3 $322K$341.2K
+6.0%
4 $355K$361K
+1.7%
5+ $957K$450K
-53.0%

Summary: North Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 53%.

Median Sold Price Compared To Nearby Cities

North Creek
+5.4%
Johnsburg
-1.2%
Chester
-11.1%

Housing Supply in North Creek, NY

How many homes are available in North Creek, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2117-19.0%

Summary: The North Creek real estate market had 17 homes for sale in November 2024, a 19.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 21
-50.0%
3 87
-12.5%
4 44
0.0%
5+ 55
0.0%

Summary: The North Creek housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Creek, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in North Creek in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Creek, NY

How long does it take to sell a home in North Creek, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
66 Days41 Days-36.9%

Summary: Homes in North Creek had an average of 41 days on market in Nov 2024, down by 36.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in North Creek; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in North Creek, NY

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