Is Harlem Park, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Harlem Park was a Seller's Market.
Key Takeaway
Harlem Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Harlem Park, MD
How much do homes in Harlem Park, MD cost?
Median Sold Price
$61,875
$30/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Harlem Park have sold for 55.3% less than they did a month ago.
Summary: The median home sold price in Harlem Park was $61,875 in April 2024, down 55.3% from last month, and the median price per square foot was $30.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $119K | $68.7K | -42.2% |
| 4 Bedrooms | $138.5K | - | N/A |
| 5+ Bedrooms | - | $55K | N/A |
Summary: Harlem Park housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 42.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Harlem Park | $138.5K | $61.8K | -55.3% |
| Upton | $110K | $45K | -59.1% |
Housing Supply in Harlem Park, MD
How many homes are available in Harlem Park, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Harlem Park real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Harlem Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Harlem Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Harlem Park in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Harlem Park, MD
How long does it take to sell a home in Harlem Park, MD?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 Days | 42 Days | -36.1% |
Summary: Homes in Harlem Park had an average of 42 days on market in Apr 2024, down by 36.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Harlem Park has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Harlem Park; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
