$2,375 Closing Credit*
$200,000
980 SqFt
3 Beds
•1 Full Bath
Alyssa Devereaux, Listing Office: Compass
Is North Side, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$370,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,822(+6.3%)
Key Takeaway
Homes in North Side have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in North Side was $370,000 in November 2024, up 6.3% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $228.2K | $237.5K | +4.1% |
| 3 Bedrooms | $325K | $350K | +7.7% |
| 4 Bedrooms | $410K | $450K | +9.8% |
| 5+ Bedrooms | $542K | $601.5K | +11.0% |
Summary: North Side housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 11%.
Housing Supply in North Side, VA
How many homes are available in North Side, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 137 | -6.2% |
Summary: The North Side real estate market had 137 homes for sale in November 2024, a 6.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 81 | 75 | -7.4% |
| 4 Bedrooms | 46 | 45 | -2.2% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The North Side 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 remained the same, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 30 | -31.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Side, expect to pay close to the asking price. 36.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in North Side in November 2024, down by 31.8% month-over-month. Of the 30 sold homes, 30% were sold under asking, 37% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 20 Days | +32.0% |
Summary: Homes in North Side had an average of 20 days on market in Nov 2024, up by 32% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Side are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 30 homes were sold in North Side; 77% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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