Is North Central, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Central is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, North Central has remained a Neutral Market.

Key Takeaway

North Central 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 Central, TX

How much do homes in North Central, TX cost?

Median Sold Price

$680,800

$448/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$325(0%)

Key Takeaway

The sold price of homes in North Central has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $252.4K$227K
-10.1%
2 $486K$382.5K
-21.3%
3 $689K$661K
-4.1%
4 $1.2M$1.1M
-1.4%
5+ $1.8M$1.7M
-5.9%

Summary: North Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes decreased by 21.3%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 5.9%.

Median Sold Price Compared To Nearby Neighborhoods

North Central
0%
Violet Crown Heights
-17.2%

Housing Supply in North Central, TX

How many homes are available in North Central, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
253245-3.2%

Summary: The North Central real estate market had 245 homes for sale in November 2024, a 3.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2222
0.0%
2 4951
+4.1%
3 10698
-7.5%
4 5451
-5.6%
5+ 2223
+4.5%

Summary: The North Central 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 increased by 4.1%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4239-7.1%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Central, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in North Central in November 2024, down by 7.1% month-over-month. Of the 39 sold homes, 64% were sold under asking, 10% were sold at asking, and 26% were sold over asking.

Days on Market for North Central, TX

How long does it take to sell a home in North Central, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days104 Days+139.7%

Summary: Homes in North Central had an average of 104 days on market in Nov 2024, up by 139.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in North Central are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 39 homes were sold in North Central; 31% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 41% 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 17 Days Ago

Newest Listings in North Central, TX

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