$3,324 Closing Credit*
$279,900
2,024 SqFt
4 Beds
•2 Full Baths
David Serota, Listing Office: Serota Real Estate LLC
Is North Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, North Park was a Neutral Market.
Key Takeaway
North Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Park, NY
How much do homes in North Park, NY cost?
Median Sold Price
$333,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,000(+7.4%)
Key Takeaway
Homes in North Park have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in North Park was $333,000 in November 2024, up 7.4% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $180K | -10.0% |
| 3 Bedrooms | $292.5K | $290K | -0.9% |
| 4 Bedrooms | $320K | $305.8K | -4.4% |
| 5+ Bedrooms | $376.2K | $373.5K | -0.7% |
Summary: North Park 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 decreased by 10%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| North Park | $310K | $333K | +7.4% |
| Starin Central | $345K | $335K | -2.9% |
Housing Supply in North Park, NY
How many homes are available in North Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The North Park real estate market had 32 homes for sale in November 2024, a 3.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The North Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Park, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in North Park in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for North Park, NY
How long does it take to sell a home in North Park, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 32 Days | -0.4% |
Summary: Homes in North Park had an average of 32 days on market in Nov 2024, down by 0.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in North Park; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
