Is Harrison Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Harrison Charter Township has remained a Seller's Market.
Key Takeaway
Harrison Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrison Charter Township, MI
How much do homes in Harrison Charter Township, MI cost?
Median Sold Price
$214,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Harrison Charter Township have sold for 7% more than they did a year ago.
Summary: The median home sold price in Harrison Charter Township was $214,000 in March 2024, up 7% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.5K | $90K | -3.7% |
| 2 Bedrooms | $168.9K | $150K | -11.2% |
| 3 Bedrooms | $248.5K | $241.5K | -2.8% |
| 4 Bedrooms | $400K | $430K | +7.5% |
| 5+ Bedrooms | $615K | $357.5K | -41.9% |
Summary: Harrison Charter Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 41.9%.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $225K | $250K | +11.1% |
| Harrison Charter Township | $200K | $214K | +7.0% |
| Clinton Charter Township | $231.1K | $229.9K | -0.5% |
| Clinton Township | $230K | $228.7K | -0.5% |
| Mount Clemens | $169.9K | $160K | -5.8% |
Housing Supply in Harrison Charter Township, MI
How many homes are available in Harrison Charter Township, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 112 | +53.4% |
Summary: The Harrison Charter Township real estate market had 112 homes for sale in March 2024, a 53.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 11 | +57.1% |
| 2 Bedrooms | 24 | 43 | +79.2% |
| 3 Bedrooms | 28 | 41 | +46.4% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Harrison Charter Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 79.2%, 3 bedroom homes increased by 46.4%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrison Charter Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Harrison Charter Township in March 2024, up by 11.1% month-over-month. Of the 20 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Harrison Charter Township, MI
How long does it take to sell a home in Harrison Charter Township, MI?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 87 Days | 93 Days | +7.1% |
Summary: Homes in Harrison Charter Township had an average of 93 days on market in Mar 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harrison Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 20 homes were sold in Harrison Charter Township; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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