Is Harrison Charter Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrison Charter Township is a 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

+$14,000(+7.0%)

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

# BEDSMar 2023Mar 2024CHANGE
1 $93.5K$90K
-3.7%
2 $168.9K$150K
-11.2%
3 $248.5K$241.5K
-2.8%
4 $400K$430K
+7.5%
5+ $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
+11.1%
Harrison Charter Township
+7.0%
Clinton Charter Township
-0.5%
Clinton Township
-0.5%
Mount Clemens
-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 2024Mar 2024CHANGE
73112+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

# BEDSFeb 2024Mar 2024CHANGE
1 711
+57.1%
2 2443
+79.2%
3 2841
+46.4%
4 1110
-9.1%
5+ 37
+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 2024Mar 2024CHANGE
1820+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

Asking vs Sold - buyer

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 2023Mar 2024CHANGE
87 Days93 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Harrison Charter Township, MI

Nearby Markets to Harrison Charter Township, MI

What housing markets are near Harrison Charter Township, MI?