Is Harrison Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrison Township is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Harrison Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Harrison Township, IN

How much do homes in Harrison Township, IN cost?

Median Sold Price

$450,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$49,550(+12.4%)

Key Takeaway

Homes in Harrison Township have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Harrison Township was $450,000 in May 2024, up 12.4% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $128K-
N/A
2 $334.9K$387.5K
+15.7%
3 $360K$370K
+2.8%
4 $417K$595K
+42.7%
5+ $533.7K$784.9K
+47.1%

Summary: Harrison Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 42.7%, and 5+ bedroom homes increased by 47.1%.

Median Sold Price Compared To Nearby Cities

Harrison Township
+12.4%
Columbus Township
+5.9%
Columbus
+3.4%

Housing Supply in Harrison Township, IN

How many homes are available in Harrison Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2231+40.9%

Summary: The Harrison Township real estate market had 31 homes for sale in May 2024, a 40.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 68
+33.3%
4 714
+100.0%
5+ 77
0.0%

Summary: The Harrison Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 6 homes were sold or pending in Harrison Township in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Harrison Township, IN

How long does it take to sell a home in Harrison Township, IN?

Average Sale Time

May 2023May 2024CHANGE
3 Days53 Days+1414.3%

Summary: Homes in Harrison Township had an average of 53 days on market in May 2024, up by 1414.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harrison Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 6 homes were sold in Harrison Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 1 Day Ago

Newest Listings in Harrison Township, IN

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