$5,195 Closing Credit*
$437,500
1,860 SqFt
4 Beds
•2 Full Baths
Leah Coleman, Listing Office: ICON Realty Group
Is North Side, VA 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, North Side has remained a Seller's Market.
Key Takeaway
North Side is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Side, VA
How much do homes in North Side, VA cost?
Median Sold Price
$360,375
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,375(+4.5%)
Key Takeaway
Homes in North Side have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in North Side was $360,375 in October 2024, up 4.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222.5K | $236.2K | +6.2% |
| 3 Bedrooms | $325K | $350K | +7.7% |
| 4 Bedrooms | $415K | $445K | +7.2% |
| 5+ Bedrooms | $521.5K | $588K | +12.8% |
Summary: North Side 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 6.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Neighborhoods
| North Manor | $160K | $231K | +44.4% |
| Edgewood | $211.5K | $302K | +42.8% |
| North Side | $345K | $360.3K | +4.5% |
Housing Supply in North Side, VA
How many homes are available in North Side, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 144 | 153 | +6.3% |
Summary: The North Side real estate market had 153 homes for sale in October 2024, a 6.3% 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 | 11 | 11 | 0.0% |
| 3 Bedrooms | 77 | 83 | +7.8% |
| 4 Bedrooms | 46 | 50 | +8.7% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The North Side 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 7.8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 43 | +19.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Side, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in North Side in October 2024, up by 19.4% month-over-month. Of the 43 sold homes, 44% were sold under asking, 21% were sold at asking, and 35% were sold over asking.
Days on Market for North Side, VA
How long does it take to sell a home in North Side, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 20 Days | -8.7% |
Summary: Homes in North Side had an average of 20 days on market in Oct 2024, down by 8.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Side are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 43 homes were sold in North Side; 74% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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