FMLS Residential · neighborhood

Lake Harbin

Neighborhood series. Most months are too thin for a median. 48 closings in the last 12 months. Use Morrow as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 5 active · 2 under contract · 1 pending. Total residential listings by status: 8.

Data confidence: Moderate. 48 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings48Enough to sketch a range
12-month median$293,704Volume-weighted, not one month
12-month $/SF$163Better than the median here
Live active50.7 months of supply
12-month DOM834.3% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 48 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Morrow, then adjust for this subdivision’s size, age, and condition.
  • 5 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Lake Harbin, Morrow →

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-26.6%$289,900 vs $395,000 FMLS-wide
$/SF-13.9%$161 vs $187 FMLS-wide
DOM+94%64 days vs 33 FMLS-wide
Sale/list+1.2 pts100.0% vs 98.8%
Seller-leaning

0.7 months of supply on last month’s pace (5 active ÷ 7 closings). 1.3 months on the trailing-12 pace (average 4 closings a month). These are different windows.Sellers have leverage on well-priced homes. 14.3% of last month’s closings were below list.

Homes for sale in Lake Harbin, Morrow →

How homes actually closed

Based on 7 closings. One sale moves these percentages by 14 points. Read the direction, not the exact share.

Above list14.3%More than 1% over list
At list71.4%Within 1% of list
Below list14.3%More than 1% under list
Price reduced14.3%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.141 pending ÷ 7 (active + under contract)
New / closed0.141 listed in 30 days vs 7 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Lake Harbin

Moderate confidence. 48 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $293,704.
  • Start with Morrow, then adjust for lot, size, age, and condition.
  • 5 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Lake Harbin, Morrow →
  • Homes that sold in the last year took about 83 days. If you list, price to the 12-month $/SF ($163), not a single recent sale.

What this means if you are listing in Lake Harbin

  • Price to the 12-month median and $/SF ($293,704, $163), not last month and not the FMLS-wide number. Then check it against Morrow.
  • 0.7 months of supply on last month’s pace. Homes that sold in the last year took about 83 days. Longer than the 12-month DOM usually means the price is high.
  • 4.3% of the last 12 months’ closings were below list. 26.1% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Lake Harbin, Morrow →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 26.1% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Morrow, then this subdivision’s 12-month $/SF.
  • Last month had 7 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Lake Harbin, Morrow →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k8100.0%

Property types

TypeListedMedian ask
Townhouse7$289,900
Single Family Residence1$209,900

5 active, 2 under contract, 1 pending. 1 new in the last 30 days.

Median close price

2025-10 – 2026-09
2025-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20267$289,900$16164100.0%14.3%14.3%
Aug 20263——————
Jul 20266$289,900$16136100.0%0.0%16.7%
Jun 20265$295,900$16463100.0%0.0%20.0%
May 20262——————
Apr 20263——————
Mar 20264——————
Feb 20263——————
Jan 20263——————
Dec 20255$301,400$167186100.0%0.0%60.0%
Nov 20253——————
Oct 20254——————

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Morrow city trends →

Homes for sale in Lake Harbin, Morrow → · ← FMLS report