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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harriman is a neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Harriman is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Harriman, TN

How much do homes in Harriman, TN cost?

Median Sold Price

$230,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$55,250(+31.6%)

Key Takeaway

Homes in Harriman have sold for 31.6% more than they did a year ago.

Summary: The median home sold price in Harriman was $230,000 in February 2024, up 31.6% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $115K$15K
-87.0%
2 $108K$167.4K
+55.0%
3 $190K$238K
+25.3%
4 $235K$329.9K
+40.4%
5+ $345K$525K
+52.2%

Summary: Harriman housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 87%, 2 bedroom homes increased by 55%, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 40.4%, and 5+ bedroom homes increased by 52.2%.

Median Sold Price Compared To Nearby Cities

Harriman
+31.6%
Rockwood
+18.8%

Housing Supply in Harriman, TN

How many homes are available in Harriman, TN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6883+22.1%

Summary: The Harriman real estate market had 83 homes for sale in February 2024, a 22.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1118
+63.6%
3 4246
+9.5%
4 1014
+40.0%
5+ 44
0.0%

Summary: The Harriman housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 63.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harriman, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Harriman in February 2024, up by 18.2% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for Harriman, TN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in Harriman, TN

Nearby Markets to Harriman, TN

What housing markets are near Harriman, TN?