$3,561 Closing Credit*
$299,900
2,734 SqFt
Michael W Moyer, Listing Office: The Parker Group
Is Harrington, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$314,950
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,450(+5.2%)
Key Takeaway
Homes in Harrington have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Harrington was $314,950 in October 2024, up 5.2% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $228.5K | +14.2% |
| 3 Bedrooms | $302.5K | $320K | +5.8% |
| 4 Bedrooms | $325K | $350K | +7.7% |
| 5+ Bedrooms | $310.5K | - | N/A |
Summary: Harrington housing prices by bedroom type for October 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 5.8%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The Harrington real estate market had 48 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 38 | 38 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harrington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 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 October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 24 Days | +157.9% |
Summary: Homes in Harrington had an average of 24 days on market in Oct 2024, up by 157.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harrington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Harrington; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
