Is National Harbor, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, National Harbor was a Seller's Market.
Housing Prices in National Harbor, MD
How much do homes in National Harbor, MD cost?
Median Sold Price
$379,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in National Harbor was $379,000 in April 2024, down 4.5% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $266K | $325K | +22.2% |
2 Bedrooms | $141K | $370K | +162.4% |
3 Bedrooms | $660K | $767.5K | +16.3% |
4 Bedrooms | $675K | $467K | -30.8% |
5+ Bedrooms | $460K | $580K | +26.1% |
Summary: National Harbor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 162.4%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 26.1%.
Housing Supply in National Harbor, MD
How many homes are available in National Harbor, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 61 | +29.8% |
Summary: The National Harbor real estate market had 61 homes for sale in April 2024, a 29.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 21 | +90.9% |
2 Bedrooms | 13 | 17 | +30.8% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The National Harbor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 90.9%, 2 bedroom homes increased by 30.8%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in National Harbor in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for National Harbor, MD
How long does it take to sell a home in National Harbor, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 37 Days | -2.1% |
Summary: Homes in National Harbor had an average of 37 days on market in Apr 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in National Harbor; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.