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 April 2023

Since last year, Harrison Township has remained a Seller'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

$103,000

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,050(+2.0%)

Key Takeaway

Homes in Harrison Township have sold for 2% more than they did a year ago.

Summary: The median home sold price in Harrison Township was $103,000 in April 2024, up 2% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $40K$67.1K
+67.8%
2 $82.8K$80K
-3.4%
3 $124.5K$124.9K
0.3%
4 $148K$152.9K
+3.3%
5+ -$142.5K
N/A

Summary: Harrison Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.8%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Terre Haute
+14.9%
Harrison Township
+2.0%

Housing Supply in Harrison Township, IN

How many homes are available in Harrison Township, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54540.0%

Summary: The Harrison Township real estate market had 54 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1814
-22.2%
3 2529
+16.0%
4 77
0.0%
5+ 44
0.0%

Summary: The Harrison Township 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 decreased by 22.2%, 3 bedroom homes increased by 16%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Harrison Township in April 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% 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

Apr 2023Apr 2024CHANGE
8 Days111 Days+1159.1%

Summary: Homes in Harrison Township had an average of 111 days on market in Apr 2024, up by 1159.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 April 2024, 12 homes were sold in Harrison Township; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 5 Days Ago

Newest Listings in Harrison Township, IN

Nearby Markets to Harrison Township, IN

What housing markets are near Harrison Township, IN?