Is Harrison Charter Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Harrison Charter Township has remained a Seller's Market.
Housing Prices in Harrison Charter Township, MI
How much do homes in Harrison Charter Township, MI cost?
Median Sold Price
$210,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harrison Charter Township was $210,000 in May 2024, up 5.7% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $92.5K | +2.8% |
2 Bedrooms | $164K | $157.5K | -4.0% |
3 Bedrooms | $240.5K | $254K | +5.6% |
4 Bedrooms | $429.5K | $462.5K | +7.7% |
5+ Bedrooms | $379.9K | $449.9K | +18.4% |
Summary: Harrison Charter Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $237.9K | $261.5K | +9.9% |
Harrison Charter Township | $198.7K | $210K | +5.7% |
Mount Clemens | $165.5K | $171.5K | +3.6% |
Clinton Township | $228.2K | $230.5K | +1.0% |
Clinton Charter Township | $229.9K | $230.4K | 0.2% |
Housing Supply in Harrison Charter Township, MI
How many homes are available in Harrison Charter Township, MI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
169 | 220 | +30.2% |
Summary: The Harrison Charter Township real estate market had 220 homes for sale in May 2024, a 30.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 18 | +12.5% |
2 Bedrooms | 60 | 80 | +33.3% |
3 Bedrooms | 61 | 80 | +31.1% |
4 Bedrooms | 23 | 28 | +21.7% |
5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The Harrison Charter Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 31.1%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 59 | +96.7% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Harrison Charter Township in May 2024, up by 96.7% month-over-month. Of the 59 sold homes, 49% were sold under asking, 19% were sold at asking, and 32% were sold over asking.
Days on Market for Harrison Charter Township, MI
How long does it take to sell a home in Harrison Charter Township, MI?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 46 Days | +7.6% |
Summary: Homes in Harrison Charter Township had an average of 46 days on market in May 2024, up by 7.6% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 59 homes were sold in Harrison Charter Township; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.