Is Harrison Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Harrison Township was a Seller's Market.
Housing Prices in Harrison Township, NJ
How much do homes in Harrison Township, NJ cost?
Median Sold Price
$505,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Harrison Township was $505,000 in March 2024, down 0.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $208.5K | -5.2% |
2 Bedrooms | $280K | $308K | +10.0% |
3 Bedrooms | $365K | $385K | +5.5% |
4 Bedrooms | $604K | $650K | +7.6% |
5+ Bedrooms | $575K | $622.5K | +8.3% |
Summary: Harrison Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
Glassboro | $277.5K | $330K | +18.9% |
Elk Township | $280K | $330K | +17.9% |
Mantua Township | $265K | $290K | +9.4% |
Mullica Hill | $514.9K | $525K | +1.9% |
Harrison Township | $508.5K | $505K | -0.7% |
Housing Supply in Harrison Township, NJ
How many homes are available in Harrison Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
55 | 60 | +9.1% |
Summary: The Harrison Township real estate market had 60 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 27 | 29 | +7.4% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Harrison Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Harrison Township in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Harrison Township, NJ
How long does it take to sell a home in Harrison Township, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 13 Days | -65.1% |
Summary: Homes in Harrison Township had an average of 13 days on market in Mar 2024, down by 65.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Harrison Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.