Is Harrogate, 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, Harrogate has remained a Neutral Market.
Key Takeaway
Harrogate 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 Harrogate, TN
How much do homes in Harrogate, TN cost?
Median Sold Price
$258,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Harrogate have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Harrogate was $258,000 in April 2024, up 14.7% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102.3K | $202K | +97.3% |
| 2 Bedrooms | $180K | $171K | -5.0% |
| 3 Bedrooms | $230K | $250K | +8.7% |
| 4 Bedrooms | $347.5K | $376.2K | +8.3% |
| 5+ Bedrooms | $235K | $514.5K | +118.9% |
Summary: Harrogate housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.3%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 118.9%.
Median Sold Price Compared To Nearby Cities
| Harrogate | $225K | $258K | +14.7% |
| Ewing | $165K | $147.2K | -10.8% |
Housing Supply in Harrogate, TN
How many homes are available in Harrogate, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The Harrogate real estate market had 33 homes for sale in April 2024, a 8.3% decrease 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 22 | 18 | -18.2% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Harrogate 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 18.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrogate, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Harrogate in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 138 Days | +75.4% |
Summary: Homes in Harrogate had an average of 138 days on market in Apr 2024, up by 75.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Harrogate are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 5 homes were sold in Harrogate; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 80% 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.