Is Harriman, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Harriman has remained a Seller's Market.
Housing Prices in Harriman, TN
How much do homes in Harriman, TN cost?
Median Sold Price
$239,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Harriman was $239,000 in March 2024, up 29% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $15K | -87.0% |
2 Bedrooms | $130.5K | $171K | +31.0% |
3 Bedrooms | $209K | $242.5K | +16.0% |
4 Bedrooms | $260.7K | $318K | +22.0% |
5+ Bedrooms | $375K | $525K | +40.0% |
Summary: Harriman housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 87%, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 22%, and 5+ bedroom homes increased by 40%.
Median Sold Price Compared To Nearby Cities
Harriman | $185.3K | $239K | +29.0% |
Rockwood | $223K | $225K | +0.9% |
Housing Supply in Harriman, TN
How many homes are available in Harriman, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 92 | +15.0% |
Summary: The Harriman real estate market had 92 homes for sale in March 2024, a 15.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 23 | +21.1% |
3 Bedrooms | 44 | 48 | +9.1% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Harriman 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 increased by 21.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 24 | +84.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Harriman in March 2024, up by 84.6% month-over-month. Of the 24 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.
Days on Market for Harriman, TN
How long does it take to sell a home in Harriman, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 58 Days | +24.4% |
Summary: Homes in Harriman had an average of 58 days on market in Mar 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Harriman; 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.