Is Harrowgate, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrowgate is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Harrowgate was a Seller's Market.

Key Takeaway

Harrowgate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harrowgate, PA

How much do homes in Harrowgate, PA cost?

Median Sold Price

$91,500

$90/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in Harrowgate has remained the same since last year.

Summary: The median home sold price in Harrowgate was $91,500 in April 2024, the same as last year, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $71.4K$74.2K
+4.0%
3 $95K$97K
+2.1%
4 $148K$181.5K
+22.6%
5+ $135K$100K
-25.9%

Summary: Harrowgate housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 25.9%.

Median Sold Price Compared To Nearby Neighborhoods

Harrowgate
0.0%
Juniata
-2.8%
Bridesburg / Kensington / Richmond
-3.8%
Port Richmond
-7.1%

Housing Supply in Harrowgate, PA

How many homes are available in Harrowgate, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
141143+1.4%

Summary: The Harrowgate real estate market had 143 homes for sale in April 2024, a 1.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 3638
+5.6%
3 9694
-2.1%
4 79
+28.6%
5+ 11
0.0%

Summary: The Harrowgate 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 increased by 5.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrowgate, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Harrowgate in April 2024, the same as the previous month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.

Days on Market for Harrowgate, PA

How long does it take to sell a home in Harrowgate, PA?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days69 Days+22.2%

Summary: Homes in Harrowgate had an average of 69 days on market in Apr 2024, up by 22.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harrowgate are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in Harrowgate; 42% of homes were sold within 30 days, 33% 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 4 Days Ago

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