Is North Hill, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Hill has remained a Seller's Market.
Housing Prices in North Hill, WA
How much do homes in North Hill, WA cost?
Median Sold Price
$320,000
$188/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Summary: The median home sold price in North Hill was $320,000 in May 2024, the same as last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236K | $192.5K | -18.4% |
2 Bedrooms | $272.5K | $276K | +1.3% |
3 Bedrooms | $325K | $320K | -1.5% |
4 Bedrooms | $345K | $343.4K | -0.4% |
5+ Bedrooms | $345K | $371K | +7.5% |
Summary: North Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Neighborhoods
North Hill | $320K | $320K | 0.0% |
Allendale | $320K | $317.5K | -0.8% |
Housing Supply in North Hill, WA
How many homes are available in North Hill, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 52 | +8.3% |
Summary: The North Hill real estate market had 52 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 10 | +66.7% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The North Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in North Hill in May 2024, down by 5.9% month-over-month. Of the 16 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% were sold over asking.
Days on Market for North Hill, WA
How long does it take to sell a home in North Hill, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 25 Days | +331.9% |
Summary: Homes in North Hill had an average of 25 days on market in May 2024, up by 331.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in North Hill; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.