Is Harford County, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harford County is a seller's market

Buyer's
Market

Difference Since November 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

$381,465

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,286(+5.9%)

Key Takeaway

Homes in Harford County have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Harford County was $381,465 in November 2024, up 5.9% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K$185K
+8.8%
2 $240.2K$264.9K
+10.3%
3 $330.1K$345.4K
+4.7%
4 $466.2K$470.9K
+1.0%
5+ $602.5K$656.5K
+9.0%

Summary: Harford County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Counties

Baltimore County
+6.4%
Cecil County
+6.1%
Harford County
+5.9%
Lancaster County
+5.8%
York County
+4.1%

Housing Supply in Harford County, MD

How many homes are available in Harford County, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
887813-8.3%

Summary: The Harford County real estate market had 813 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 115111
-3.5%
3 370339
-8.4%
4 299276
-7.7%
5+ 10285
-16.7%

Summary: The Harford County 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 decreased by 3.5%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
283233-17.7%

Asking Price vs. Sold Price

75 Homes Were Sold
Under Asking

65 Homes Were Sold
At Asking

93 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harford County, you could pay more than the asking price. 39.9% of homes here sold above asking price last month.

Summary: A total of 233 homes were sold or pending in Harford County in November 2024, down by 17.7% month-over-month. Of the 233 sold homes, 32% were sold under asking, 28% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
18 Days24 Days+33.4%

Summary: Homes in Harford County had an average of 24 days on market in Nov 2024, up by 33.4% compared to last year.

Breakdown of Home Sale Times

175 Homes Were Sold
Under 30 Days

48 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 233 homes were sold in Harford County; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 4% 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 20 Days Ago

Newest Listings in Harford County, MD

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