Is Harrison, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrison is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Harrison has remained a Buyer's Market.

Key Takeaway

Harrison is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harrison, AR

How much do homes in Harrison, AR cost?

Median Sold Price

$255,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$84,000(-24.8%)

Key Takeaway

Homes in Harrison have sold for 24.8% less than they did a year ago.

Summary: The median home sold price in Harrison was $255,000 in April 2024, down 24.8% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $197.8K$114K
-42.4%
3 $121.9K$233.7K
+91.6%
4 $456.8K$315K
-31.0%
5+ $365K$530K
+45.2%

Summary: Harrison 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 decreased by 42.4%, 3 bedroom homes increased by 91.6%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes increased by 45.2%.

Housing Supply in Harrison, AR

How many homes are available in Harrison, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2030+50.0%

Summary: The Harrison real estate market had 30 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 57
+40.0%
4 713
+85.7%
5+ 56
+20.0%

Summary: The Harrison housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrison, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Harrison in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Harrison, AR

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

Average Sale Time

Apr 2023Apr 2024CHANGE
137 Days42 Days-69.3%

Summary: Homes in Harrison had an average of 42 days on market in Apr 2024, down by 69.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harrison has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Harrison; 0% of homes were sold within 30 days, 100% 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 14 Days Ago

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