$1,484 Closing Credit*
$125,000
684 SqFt
1 Bed
•1 Full Bath
MAZEN S MASRI, Listing Office: EXP Realty, LLC
Is National Harbor, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, National Harbor was a Seller's Market.
Key Takeaway
National Harbor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in National Harbor, MD
How much do homes in National Harbor, MD cost?
Median Sold Price
$420,500
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,500(+13.6%)
Key Takeaway
Homes in National Harbor have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in National Harbor was $420,500 in October 2024, up 13.6% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | $300K | -6.3% |
| 2 Bedrooms | $370K | $380K | +2.7% |
| 3 Bedrooms | $751.5K | $770K | +2.5% |
| 4 Bedrooms | $446K | $500K | +12.1% |
| 5+ Bedrooms | $550K | $520K | -5.5% |
Summary: National Harbor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in National Harbor, MD
How many homes are available in National Harbor, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Summary: The National Harbor real estate market had 44 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 10 | -23.1% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The National Harbor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 4 | -71.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in National Harbor, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in National Harbor in October 2024, down by 71.4% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for National Harbor, MD
How long does it take to sell a home in National Harbor, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 58 Days | +53.7% |
Summary: Homes in National Harbor had an average of 58 days on market in Oct 2024, up by 53.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in National Harbor are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in National Harbor; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
