Is Harker Heights, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harker Heights is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Harker Heights 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 Harker Heights, TX

How much do homes in Harker Heights, TX cost?

Median Sold Price

$315,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$13,000(-4.0%)

Key Takeaway

Homes in Harker Heights have sold for 4% less than they did a year ago.

Summary: The median home sold price in Harker Heights was $315,000 in May 2024, down 4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$288.7K
+3.1%
4 $350K$325K
-7.1%
5+ $357K$339.8K
-4.8%

Summary: Harker Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 4.8%.

Median Sold Price Compared To Nearby Cities

Killeen
+1.4%
Harker Heights
-4.0%

Housing Supply in Harker Heights, TX

How many homes are available in Harker Heights, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2527+8.0%

Summary: The Harker Heights real estate market had 27 homes for sale in May 2024, a 8.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 810
+25.0%
4 1715
-11.8%
5+ 02
+100.0%

Summary: The Harker Heights housing inventory by bedroom type for May 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 25%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harker Heights, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Harker Heights in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Harker Heights, TX

How long does it take to sell a home in Harker Heights, TX?

Average Sale Time

May 2023May 2024CHANGE
36 Days38 Days+6.9%

Summary: Homes in Harker Heights had an average of 38 days on market in May 2024, up by 6.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harker Heights are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Harker Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in Harker Heights, TX

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