Is Harmony, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harmony is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Harmony has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Harmony, NC

How much do homes in Harmony, NC cost?

Median Sold Price

$277,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$13,005(+4.9%)

Key Takeaway

Homes in Harmony have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Harmony was $277,000 in May 2024, up 4.9% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $342.5K$377.2K
+10.1%
3 $265K$255K
-3.8%
4 $252K$279K
+10.7%
5+ $350K-
N/A

Summary: Harmony 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 10.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Turnersburg Township
+17.9%
Harmony
+4.9%
Eagle Mills Township
+4.1%

Housing Supply in Harmony, NC

How many homes are available in Harmony, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
119-18.2%

Summary: The Harmony real estate market had 9 homes for sale in May 2024, a 18.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 86
-25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Harmony 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harmony, 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 Harmony in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Harmony, NC

How long does it take to sell a home in Harmony, NC?

Average Sale Time

May 2023May 2024CHANGE
5 Days26 Days+372.7%

Summary: Homes in Harmony had an average of 26 days on market in May 2024, up by 372.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Harmony; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

Newest Listings in Harmony, NC

Nearby Markets to Harmony, NC

What housing markets are near Harmony, NC?