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 November 2023

At the same time last year, 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

$179,950

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,050(-9.1%)

Key Takeaway

Homes in Northshore have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in Northshore was $179,950 in November 2024, down 9.1% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$152K
+21.6%
2 $150K$168K
+12.0%
3 $195K$179.9K
-7.7%
4 $225K$220K
-2.2%
5+ $210K-
N/A

Summary: Northshore housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.6%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Northeast Houston
+0.6%
Northshore
-9.1%

Housing Supply in Northshore, TX

How many homes are available in Northshore, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
39390.0%

Summary: The Northshore real estate market had 39 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2527
+8.0%
4 109
-10.0%
5+ 22
0.0%

Summary: The Northshore 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 increased by 8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Northshore in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
23 Days36 Days+53.2%

Summary: Homes in Northshore had an average of 36 days on market in Nov 2024, up by 53.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 6 homes were sold in Northshore; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 Northshore, TX

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