$10,000 Closing Credit*
$999,000
2,400 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Douglas Elliman Real Estate
Is North Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Hills was a Seller's Market.
Key Takeaway
North Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in North Hills, NY
How much do homes in North Hills, NY cost?
Median Sold Price
$1,740,000
$535/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$227,500(+15.0%)
Key Takeaway
Homes in North Hills have sold for 15% more than they did a year ago.
Summary: The median home sold price in North Hills was $1,740,000 in October 2024, up 15% from last year, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.3M | $1.2M | -4.6% |
| 3 Bedrooms | $1.3M | $1.5M | +15.4% |
| 4 Bedrooms | $1.9M | $1.8M | -6.8% |
| 5+ Bedrooms | $2.1M | $2.9M | +33.5% |
Summary: North Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 33.5%.
Median Sold Price Compared To Nearby Cities
| North Hills | $1.5M | $1.7M | +15.0% |
| North Hempstead | $900.1K | $989.8K | +10.0% |
Housing Supply in North Hills, NY
How many homes are available in North Hills, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 45 | -10.0% |
Summary: The North Hills real estate market had 45 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 28 | 25 | -10.7% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The North Hills housing inventory by bedroom type for October 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 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Hills, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in North Hills in October 2024, down by 41.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for North Hills, NY
How long does it take to sell a home in North Hills, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 126 Days | 54 Days | -57.0% |
Summary: Homes in North Hills had an average of 54 days on market in Oct 2024, down by 57% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in North Hills; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.