Is Harriman, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harriman is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Harriman has remained a Seller's Market.

Key Takeaway

Harriman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Harriman, TN cost?

Median Sold Price

$147,500

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$13,050(+9.7%)

Key Takeaway

Homes in Harriman have sold for 9.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $18K$115K
+538.9%
2 $84K$105K
+25.0%
3 $135.5K$159.4K
+17.7%
4 $228K$175K
-23.2%
5+ $170K$456.5K
+168.5%

Median Sold Price Compared To Nearby Cities

Rockwood
+22.2%
Harriman
+9.7%

How many homes are available in Harriman, TN?

Number of Homes For Sale

Apr 2022May 2022%
2833+17.9%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 11
0.0%
2 32
-33.3%
3 1520
+33.3%
4 78
+14.3%
5+ 22
0.0%

Number of Homes Sold

Apr 2022May 2022%
67+16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harriman, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.

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

About Harriman, TN

Harriman, TN has 33 homes for sale to choose from. The number of listings in Harriman, TN increased by 17.9% between April 2022 and May 2022. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 538.9%, 2 bedrooms properties became 25% more expensive, prices of 3 bedrooms properties went up by 17.7%, prices of 4 bedrooms properties went down by 23.2%, the cost of 5 bedrooms properties went up by 168.5%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 33.3%, number of 3 bedrooms homes increased by 33.3%, 4 bedrooms homes became 14.3% more available, 5 bedrooms homes inventory did not change. While more than 6 listings in Harriman, TN in May 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below.

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