North Shore—92352
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Shore
As of Oct '25, the median home price in North Shore is $601,000, with a year-over-year change of -6.6%. This indicates that home prices in North Shore are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $601,000 | -6.6% |
| Single Family | $607,000 | -7.0% |
| Condos | $508,000 | -10.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $281,000 | -11.9% |
2 Bed | $394,000 | -9.2% |
3 Bed | $574,000 | -7.1% |
4 Bed | $763,000 | -6.0% |
| 5 Bed | $1,180,000 | -5.9% |
% of Housing Stock
Rental Trends — North Shore
As of July '25, Rentcast reports the average rent in North Shore is $3,070, with a year-over-year rent change of -5.2%. Per bedroom, the median rent as of July '25 in North Shore is 1-bedrooms: $1,570, 2-bedrooms: $2,170, 3-bedrooms: $2,910, 4-bedrooms: $4,010. The most common rental property sizes in North Shore are 3-bedroom and 2-bedroom, accounting for 52.5% and 39.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $3,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,620 | $1,570 |
| 2 Bed Rent | $2,200 | $2,170 |
| 3 Bed Rent | $2,750 | $2,910 |
| 4 Bed Rent | $3,000 | $4,010 |
% of Rental Stock
Property Listings — North Shore
As of Oct '25, Realtor.com reports that the median days on market for a home in North Shore is 100. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $719,000 | -5.0% |
Listing Count | 419 | 10.0% |
| Listings as % of Homes | 2.2% | 10.0% |
Days on Market | 100 | 4.0% |
Demographics — North Shore
As of the latest ACS Survey released in 2023, North Shore has a population of 6,500, which has increased by 13.4% over the past 5 years. North Shore is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 40.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,500 | 13.4% |
% Under 18 | 18.8% | -7.8% |
% Seniors | 24.2% | -0.4% |
% WFH | 19.2% | 97.9% |
% w/ College Degree | 40.7% | -0.2% |
As of the latest ACS Survey released in 2023, North Shore is a predominantly white area, with 72.4% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in North Shore is hispanic, making up 18.2% of the population. Foreign-born residents account for 9.5% of the population in North Shore, and this percentage has decreased by 25.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.4% | -6.6% |
% Black | 0.6% | -50.0% |
% Hispanic | 18.2% | 23.0% |
% Asian | 2.1% | 61.5% |
% Foreign Born | 9.5% | -25.2% |
Mortgage and Risk — North Shore
According to HUD data as of 2023, there were 264 mortgage originations in North Shore, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in North Shore. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 264 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 6.0% |
% Second Loans | 36.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — North Shore
As of 2024, the percent of homes in North Shore under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Shore, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,620 | $1,960 |
| 2 Bedroom | $240 | $2,200 | $2,440 |
| 3 Bedroom | $510 | $2,750 | $3,260 |
| 4 Bedroom | $960 | $3,000 | $3,960 |
Affordability — North Shore
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $601,000 |
| Median Household Income | $107,000 |