Is Northshore, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northshore is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Northshore was a Seller's Market.

Key Takeaway

Northshore 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 Northshore, TX

How much do homes in Northshore, TX cost?

Median Sold Price

$185,000

$122/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$40,000(-17.8%)

Key Takeaway

Homes in Northshore have sold for 17.8% less than they did a month ago.

Summary: The median home sold price in Northshore was $185,000 in October 2024, down 17.8% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $138K$185K
+34.1%
3 $212.4K$179.9K
-15.3%
4 $245.5K$220K
-10.4%
5+ --
N/A

Summary: Northshore housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.1%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes did not change.

Housing Supply in Northshore, TX

How many homes are available in Northshore, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4142+2.4%

Summary: The Northshore real estate market had 42 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2326
+13.0%
4 1511
-26.7%
5+ 02
+100.0%

Summary: The Northshore 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 13%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northshore, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Northshore in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for Northshore, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
65 Days10 Days-84.6%

Summary: Homes in Northshore had an average of 10 days on market in Oct 2024, down by 84.6% compared to last month.

Breakdown of Home Sale Times

7 Homes Were 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 Northshore are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Northshore; 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 16 Days Ago

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