Is Harrogate, 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, Harrogate has remained a Seller's Market.
Key Takeaway
Harrogate is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrogate, TN
How much do homes in Harrogate, TN cost?
Median Sold Price
$257,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Harrogate have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Harrogate was $257,500 in March 2024, up 14.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.3K | $202K | +97.3% |
| 2 Bedrooms | $187.1K | $171K | -8.6% |
| 3 Bedrooms | $229K | $250K | +9.2% |
| 4 Bedrooms | $347.5K | $376.2K | +8.3% |
| 5+ Bedrooms | $235K | $514.5K | +118.9% |
Summary: Harrogate housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.3%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 118.9%.
Median Sold Price Compared To Nearby Cities
| Harrogate | $225K | $257.5K | +14.4% |
| Ewing | $157K | $132K | -15.9% |
Housing Supply in Harrogate, TN
How many homes are available in Harrogate, TN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 32 | -11.1% |
Summary: The Harrogate real estate market had 32 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Harrogate 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 remained the same, 3 bedroom homes decreased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Harrogate, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Harrogate in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Harrogate, TN
How long does it take to sell a home in Harrogate, TN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 194 Days | 39 Days | -79.7% |
Summary: Homes in Harrogate had an average of 39 days on market in Mar 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harrogate are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Harrogate; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.