Is Harford County, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Harford County has remained a Seller's Market.
Key Takeaway
Harford County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harford County, MD
How much do homes in Harford County, MD cost?
Median Sold Price
$368,225
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Harford County have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Harford County was $368,225 in April 2024, up 6.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171.5K | $170K | -0.9% |
| 2 Bedrooms | $230K | $241.2K | +4.9% |
| 3 Bedrooms | $315.3K | $333.5K | +5.8% |
| 4 Bedrooms | $464.4K | $485K | +4.4% |
| 5+ Bedrooms | $590K | $650K | +10.2% |
Summary: Harford County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Counties
| Lancaster County | $299.9K | $325.3K | +8.5% |
| Cecil County | $320K | $342.2K | +6.9% |
| Harford County | $345K | $368.2K | +6.7% |
| York County | $248.7K | $264.9K | +6.5% |
| Baltimore County | $316.7K | $335.5K | +6.0% |
Housing Supply in Harford County, MD
How many homes are available in Harford County, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 637 | 699 | +9.7% |
Summary: The Harford County real estate market had 699 homes for sale in April 2024, a 9.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 101 | 109 | +7.9% |
| 3 Bedrooms | 282 | 293 | +3.9% |
| 4 Bedrooms | 186 | 218 | +17.2% |
| 5+ Bedrooms | 62 | 73 | +17.7% |
Summary: The Harford County 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 increased by 7.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 17.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 194 | 171 | -11.9% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
92 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harford County, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 171 homes were sold or pending in Harford County in April 2024, down by 11.9% month-over-month. Of the 171 sold homes, 24% were sold under asking, 22% were sold at asking, and 54% were sold over asking.
Days on Market for Harford County, MD
How long does it take to sell a home in Harford County, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 16 Days | -26.8% |
Summary: Homes in Harford County had an average of 16 days on market in Apr 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
145 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harford County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 171 homes were sold in Harford County; 85% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
