Is Harrington, DE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrington is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Harrington was a Seller's Market.

Key Takeaway

Harrington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harrington, DE

How much do homes in Harrington, DE cost?

Median Sold Price

$323,045

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,345(+7.8%)

Key Takeaway

Homes in Harrington have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Harrington was $323,045 in November 2024, up 7.8% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $200K$228.5K
+14.2%
3 $305K$325K
+6.6%
4 $325K$350K
+7.7%
5+ $310.5K-
N/A

Summary: Harrington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.7%, 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

Oct 2024Nov 2024CHANGE
4654+17.4%

Summary: The Harrington real estate market had 54 homes for sale in November 2024, a 17.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 3643
+19.4%
4 77
0.0%
5+ 00
0.0%

Summary: The Harrington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrington, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Harrington in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
36 Days38 Days+7.5%

Summary: Homes in Harrington had an average of 38 days on market in Nov 2024, up by 7.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harrington are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Harrington; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Harrington, DE

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