$2,731 Closing Credit*
$229,999
1,730 SqFt
5 Beds
•2 Full Baths
Justin Tayler Morrison, Listing Office: Realty Mark Cityscape
Is Northwood, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$185,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,000(+1.1%)
Key Takeaway
Homes in Northwood have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Northwood was $185,000 in October 2024, up 1.1% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $80K | $140K | +75.0% |
| 3 Bedrooms | $175K | $180K | +2.9% |
| 4 Bedrooms | $229.9K | $210K | -8.7% |
| 5+ Bedrooms | $305K | $253.5K | -16.9% |
Summary: Northwood 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 increased by 75%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 16.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Summerdale | $177.7K | $181.2K | +2.0% |
| Juniata | $177.5K | $180K | +1.4% |
| Northwood | $183K | $185K | +1.1% |
| Frankford | $145.8K | $140K | -4.0% |
Housing Supply in Northwood, PA
How many homes are available in Northwood, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 50 | +13.6% |
Summary: The Northwood real estate market had 50 homes for sale in October 2024, a 13.6% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Northwood 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 increased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwood, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Northwood in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 96 Days | 70 Days | -27.1% |
Summary: Homes in Northwood had an average of 70 days on market in Oct 2024, down by 27.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Northwood; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
