Is Harrisville, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Harrisville was a Neutral Market.
Key Takeaway
Harrisville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrisville, RI
How much do homes in Harrisville, RI cost?
Median Sold Price
$394,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Harrisville have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Harrisville was $394,000 in April 2024, down 2.7% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $141K | N/A |
| 2 Bedrooms | $242.5K | $293K | +20.8% |
| 3 Bedrooms | $448K | $415K | -7.4% |
| 4 Bedrooms | $373.5K | $475K | +27.2% |
| 5+ Bedrooms | $427.5K | $425K | -0.6% |
Summary: Harrisville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Burrillville | $379K | $400K | +5.5% |
| Harrisville | $405K | $394K | -2.7% |
Housing Supply in Harrisville, RI
How many homes are available in Harrisville, RI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Harrisville real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harrisville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 12 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrisville, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Harrisville in April 2024, up by 500.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Harrisville, RI
How long does it take to sell a home in Harrisville, RI?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 69 Days | 16 Days | -76.6% |
Summary: Homes in Harrisville had an average of 16 days on market in Apr 2024, down by 76.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harrisville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Harrisville; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
