Is Harrison Township, IN 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 Township has remained a Seller's Market.
Housing Prices in Harrison Township, IN
How much do homes in Harrison Township, IN cost?
Median Sold Price
$110,000
$81/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harrison Township was $110,000 in May 2024, up 18.7% from last year, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $67K | +67.5% |
2 Bedrooms | $78.4K | $90K | +14.7% |
3 Bedrooms | $124.1K | $125K | +0.7% |
4 Bedrooms | $148K | $152.9K | +3.3% |
5+ Bedrooms | $161.5K | $142.5K | -11.8% |
Summary: Harrison Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.5%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $92.7K | $110K | +18.7% |
Terre Haute | $115K | $134.6K | +17.1% |
Sugar Creek Township | $103K | $93.5K | -9.2% |
Housing Supply in Harrison Township, IN
How many homes are available in Harrison Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 48 | -7.7% |
Summary: The Harrison Township real estate market had 48 homes for sale in May 2024, a 7.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 26 | 21 | -19.2% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Harrison Township 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 increased by 35.7%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Harrison Township in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Harrison Township, IN
How long does it take to sell a home in Harrison Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 52 Days | +19.6% |
Summary: Homes in Harrison Township had an average of 52 days on market in May 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Harrison Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.