Is Harrison Bay, 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 Bay has remained a Seller's Market.
Housing Prices in Harrison Bay, TN
How much do homes in Harrison Bay, TN cost?
Median Sold Price
$440,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Harrison Bay was $440,000 in April 2024, down 10.2% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $305K | +38.6% |
3 Bedrooms | $435K | $416K | -4.4% |
4 Bedrooms | $599.9K | $489K | -18.5% |
5+ Bedrooms | $570K | $616.2K | +8.1% |
Summary: Harrison Bay 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 38.6%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 8.1%.
Median Sold Price Compared To Nearby Neighborhoods
Middle Valley | $297.3K | $357.9K | +20.4% |
Ooltewah / Summit | $419.6K | $448.8K | +7.0% |
Dallas Bay / Lakeside | $340K | $349K | +2.7% |
Harrison Bay | $490K | $440K | -10.2% |
Housing Supply in Harrison Bay, TN
How many homes are available in Harrison Bay, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 44 | +22.2% |
Summary: The Harrison Bay real estate market had 44 homes for sale in April 2024, a 22.2% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Harrison Bay 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 increased by 26.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Harrison Bay in April 2024, up by 100.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.
Days on Market for Harrison Bay, TN
How long does it take to sell a home in Harrison Bay, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 13 Days | -77.1% |
Summary: Homes in Harrison Bay had an average of 13 days on market in Apr 2024, down by 77.1% 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
Summary: During April 2024, 10 homes were sold in Harrison Bay; 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.