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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North University is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, North University has remained a Buyer's Market.

Key Takeaway

North University is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North University, TX

How much do homes in North University, TX cost?

Median Sold Price

$343,750

$447/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,750(+1.1%)

Key Takeaway

Homes in North University have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in North University was $343,750 in October 2024, up 1.1% from last year, and the median price per square foot was $447.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $226.7K$248K
+9.4%
2 $359.4K$350K
-2.6%
3 $766.4K$600K
-21.7%
4 $2.8M$1.2M
-55.2%
5+ $925K$1.9M
+112.0%

Summary: North University housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 55.2%, and 5+ bedroom homes increased by 112%.

Housing Supply in North University, TX

How many homes are available in North University, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2017-15.0%

Summary: The North University real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 76
-14.3%
2 75
-28.6%
3 22
0.0%
4 21
-50.0%
5+ 23
+50.0%

Summary: The North University housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North University, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in North University in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for North University, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
239 Days9 Days-96.2%

Summary: Homes in North University had an average of 9 days on market in Oct 2024, down by 96.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North University are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in North University; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

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