Is Harrison Township, MI 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 September 2021

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.

How much do homes in Harrison Township, MI cost?

Median Sold Price

$232,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$35,000(+17.7%)

Key Takeaway

Homes in Harrison Township have sold for 17.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $91.2K$76.5K
-16.2%
2 $153.9K$166.7K
+8.3%
3 $249.9K$273.5K
+9.4%
4 $320K$450K
+40.6%
5+ $479.9K$620.5K
+29.3%

Median Sold Price Compared To Nearby Cities

Mount Clemens
+17.9%
Harrison Charter Township
+17.8%
Harrison Township
+17.7%
Clinton Charter Township
+13.3%
Clinton Township
+13.1%

How many homes are available in Harrison Township, MI?

Number of Homes For Sale

Aug 2022Sep 2022%
9399+6.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 33
0.0%
2 2932
+10.3%
3 4242
0.0%
4 1214
+16.7%
5+ 78
+14.3%

Number of Homes Sold

Aug 2022Sep 2022%
2628+7.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were 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. 53.6% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
20 Days18 Days-5.7%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 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.

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

About Harrison Township, MI

Harrison Township, MI has 99 homes on the market. The number of homes for sale in Harrison Township, MI increased by 6.5% between August 2022 and September 2022. The median list price of listings available in September 2022 was $232,500, while the average time on the real estate market was 18 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went down by 16.2%, 2 bedrooms properties prices increased by 8.3%, prices of 3 bedrooms properties went up by 9.4%, prices of 4 bedrooms properties went up by 40.6%, prices of 5 bedrooms properties went up by 29.3%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 10.3%, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory increased by 16.7%, number of 5 bedrooms homes increased by 14.3%. Harrison Township, MI housing market in September 2022 saw over 9 listings sold above listed price, more than 4 sold at listed price and over 15 sold below.

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