Is Harwood, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harwood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Harwood was a Buyer's Market.

Key Takeaway

Harwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harwood, MD

How much do homes in Harwood, MD cost?

Median Sold Price

$770,000

$257/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$190,000(-19.8%)

Key Takeaway

Homes in Harwood have sold for 19.8% less than they did a month ago.

Summary: The median home sold price in Harwood was $770,000 in October 2024, down 19.8% from last month, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$770K
N/A
4 -$750K
N/A
5+ $960K$1.5M
+59.4%

Summary: Harwood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 59.4%.

Housing Supply in Harwood, MD

How many homes are available in Harwood, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Harwood real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 44
0.0%

Summary: The Harwood 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harwood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Harwood in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Harwood, MD

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

Average Sale Time

Sep 2024Oct 2024CHANGE
1 Day72 Days+7166.7%

Summary: Homes in Harwood had an average of 72 days on market in Oct 2024, up by 7166.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harwood has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Harwood; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 14 Days Ago

Newest Listings in Harwood, MD

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