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North Hyde Park Real Estate Insights

North Hyde Park is a neighborhood located in Kansas City, Missouri.
If you love to shop, you'll feel right at home in North Hyde Park, which has a wide variety of shops nearby, like art galleries, musical instrument stores and antique shops. You'll have plenty of options when it comes to nightlife here, with special places to take your date and relaxing spots to hang out after work. Relatively fewer residents drive all the way to work from this area; instead they make use of the convenient transit routes which serve the area. Any time you look out of your window in North Hyde Park there's a pretty good chance you'll see bike riders, since many residents commute that way.
A good proportion of owners in North Hyde Park actually rent out their houses much of the year rather than live their themselves. This vicinity is a fairly youthful area, so it's an ideal location for those who want to live among young adults. Lower-than-average median income is present in North Hyde Park.
In North Hyde Park, the average listing price significantly declined 35.9 percent year-over-year, reaching $40,000 this year from a previous $62,450. In the meantime, inventory dropped by a whopping 50 percent this year. The number of listings on the market notably decreased from 2 to 1 year-over-year, greatly affecting the range of options for buyers searching for homes here.