Is Harrison, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Harrison has remained a Seller's Market.
Key Takeaway
Harrison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrison, TN
How much do homes in Harrison, TN cost?
Median Sold Price
$309,900
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Harrison have sold for 4% more than they did a year ago.
Summary: The median home sold price in Harrison was $309,900 in April 2024, up 4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $65K | -78.0% |
| 3 Bedrooms | $266K | $289.5K | +8.8% |
| 4 Bedrooms | $417.5K | $353.5K | -15.3% |
| 5+ Bedrooms | $444.9K | $315K | -29.2% |
Summary: Harrison 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 decreased by 78%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 29.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Middle Valley | $297.3K | $357.9K | +20.4% |
| Bonny Oaks / Highway 58 | $235K | $258.5K | +10.0% |
| Northgate / Big Ridge | $399.9K | $430K | +7.5% |
| Ooltewah / Summit | $419.6K | $448.8K | +7.0% |
| Harrison | $298K | $309.9K | +4.0% |
Housing Supply in Harrison, TN
How many homes are available in Harrison, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 34 | +6.3% |
Summary: The Harrison real estate market had 34 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Harrison 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 remained the same, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrison, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Harrison in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Harrison, TN
How long does it take to sell a home in Harrison, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 3 Days | -62.5% |
Summary: Homes in Harrison had an average of 3 days on market in Apr 2024, down by 62.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harrison are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Harrison; 20% 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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.