Is Harlem Park, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harlem Park is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Harlem Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Harlem Park, MD

How much do homes in Harlem Park, MD cost?

Median Sold Price

$105,000

$91/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,200(+50.4%)

Key Takeaway

Homes in Harlem Park have sold for 50.4% more than they did a year ago.

Summary: The median home sold price in Harlem Park was $105,000 in November 2024, up 50.4% from last year, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$27.5K
N/A
3 $50K$90K
+80.0%
4 $95K$133.5K
+40.5%
5+ $61.5K$234.9K
+282.0%

Summary: Harlem Park 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 did not change, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 40.5%, and 5+ bedroom homes increased by 282%.

Median Sold Price Compared To Nearby Neighborhoods

Harlem Park
+50.4%
West
+4.4%
Upton
-3.4%
Sandtown / Winchester
-26.4%

Housing Supply in Harlem Park, MD

How many homes are available in Harlem Park, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Harlem Park real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 87
-12.5%
5+ 34
+33.3%

Summary: The Harlem Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harlem Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Harlem Park in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Harlem Park, MD

How long does it take to sell a home in Harlem Park, MD?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days48 Days+84.8%

Summary: Homes in Harlem Park had an average of 48 days on market in Nov 2024, up by 84.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harlem Park has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Harlem Park; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 15 Days Ago

Newest Listings in Harlem Park, MD

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