$3,086 Closing Credit*
$259,900
1,283 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michael Zdradzinski, Listing Office: Myers Realty
Is Harrington, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Harrington has remained a Seller's Market.
Key Takeaway
Harrington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrington, DE
How much do homes in Harrington, DE cost?
Median Sold Price
$314,500
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$24,600(+8.5%)
Key Takeaway
Homes in Harrington have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Harrington was $314,500 in August 2024, up 8.5% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $191.5K | $228.5K | +19.3% |
| 3 Bedrooms | $299.5K | $314.9K | +5.1% |
| 4 Bedrooms | $277K | $340K | +22.7% |
| 5+ Bedrooms | $401K | - | N/A |
Summary: Harrington housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Housing Supply in Harrington, DE
How many homes are available in Harrington, DE?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 46 | 41 | -10.9% |
Summary: The Harrington real estate market had 41 homes for sale in August 2024, a 10.9% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 35 | 31 | -11.4% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harrington housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrington, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Harrington in August 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Harrington, DE
How long does it take to sell a home in Harrington, DE?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 37 Days | 38 Days | +2.5% |
Summary: Homes in Harrington had an average of 38 days on market in Aug 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Harrington has remained consistent over time.
Summary: During August 2024, 10 homes were sold in Harrington; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
