Is North Central, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Central was a Seller's Market.
Housing Prices in North Central, TX
How much do homes in North Central, TX cost?
Median Sold Price
$686,580
$449/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Central was $686,580 in May 2024, down 1.8% from last year, and the median price per square foot was $449.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $263.5K | $239.5K | -9.1% |
2 Bedrooms | $496K | $399.5K | -19.5% |
3 Bedrooms | $730K | $677K | -7.2% |
4 Bedrooms | $1.3M | $1.2M | -6.5% |
5+ Bedrooms | $1.6M | $1.9M | +19.4% |
Summary: North Central housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 19.4%.
Median Sold Price Compared To Nearby Neighborhoods
Violet Crown Heights | $849K | $875K | +3.1% |
North Central | $699.5K | $686.5K | -1.8% |
Housing Supply in North Central, TX
How many homes are available in North Central, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
292 | 325 | +11.3% |
Summary: The North Central real estate market had 325 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 15 | -11.8% |
2 Bedrooms | 69 | 71 | +2.9% |
3 Bedrooms | 113 | 131 | +15.9% |
4 Bedrooms | 69 | 79 | +14.5% |
5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The North Central housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 49 | -14.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in North Central in May 2024, down by 14.0% month-over-month. Of the 49 sold homes, 59% were sold under asking, 18% were sold at asking, and 22% were sold over asking.
Days on Market for North Central, TX
How long does it take to sell a home in North Central, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 43 Days | +23.1% |
Summary: Homes in North Central had an average of 43 days on market in May 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in North Central; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.