$2,838 Closing Credit*
$239,000
1,248 SqFt
4 Beds
•2 Full Baths
Bryan Weng, Listing Office: 20/20 Real Estate - Bensalem
Is Northwood, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Northwood has remained a Seller's Market.
Key Takeaway
Northwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwood, PA
How much do homes in Northwood, PA cost?
Median Sold Price
$185,500
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,500(+3.1%)
Key Takeaway
Homes in Northwood have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Northwood was $185,500 in November 2024, up 3.1% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $190K | +123.5% |
| 3 Bedrooms | $175K | $180K | +2.9% |
| 4 Bedrooms | $229.4K | $204K | -11.1% |
| 5+ Bedrooms | $292.5K | $285K | -2.6% |
Summary: Northwood 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 123.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Feltonville | $165K | $172.2K | +4.4% |
| Frankford | $140K | $144.9K | +3.5% |
| Northwood | $180K | $185.5K | +3.1% |
| Summerdale | $180K | $182.5K | +1.4% |
| Juniata | $179.9K | $182K | +1.2% |
Housing Supply in Northwood, PA
How many homes are available in Northwood, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 40 | -7.0% |
Summary: The Northwood real estate market had 40 homes for sale in November 2024, a 7.0% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Northwood 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 decreased by 50%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwood, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Northwood in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Northwood, PA
How long does it take to sell a home in Northwood, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 95 Days | 35 Days | -63.3% |
Summary: Homes in Northwood had an average of 35 days on market in Nov 2024, down by 63.3% compared to last year.
Breakdown of Home Sale Times
5 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 Northwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Northwood; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
