Is Harriman, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Harriman has remained a Seller's Market.
Housing Prices in Harriman, TN
How much do homes in Harriman, TN cost?
Median Sold Price
$245,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harriman was $245,000 in May 2024, up 30.4% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $36.5K | -68.3% |
2 Bedrooms | $145.4K | $170K | +16.9% |
3 Bedrooms | $215.7K | $248.5K | +15.2% |
4 Bedrooms | $261.5K | $315K | +20.5% |
5+ Bedrooms | $525K | $470K | -10.5% |
Summary: Harriman housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 68.3%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
Harriman | $187.9K | $245K | +30.4% |
Rockwood | $224K | $229.9K | +2.7% |
Housing Supply in Harriman, TN
How many homes are available in Harriman, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
87 | 89 | +2.3% |
Summary: The Harriman real estate market had 89 homes for sale in May 2024, a 2.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 22 | 18 | -18.2% |
3 Bedrooms | 42 | 50 | +19.0% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Harriman 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 decreased by 18.2%, 3 bedroom homes increased by 19%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 19 | -24.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Harriman in May 2024, down by 24.0% month-over-month. Of the 19 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Harriman, TN
How long does it take to sell a home in Harriman, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 31 Days | +180.8% |
Summary: Homes in Harriman had an average of 31 days on market in May 2024, up by 180.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Harriman; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.