Is Harrison, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Harrison was a Seller's Market.
Housing Prices in Harrison, AR
How much do homes in Harrison, AR cost?
Median Sold Price
$233,700
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harrison was $233,700 in May 2024, down 32.3% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.9K | $114.5K | -60.5% |
3 Bedrooms | $275K | $233.7K | -15.0% |
4 Bedrooms | $456.8K | $315K | -31.0% |
5+ Bedrooms | $365K | $530K | +45.2% |
Summary: Harrison 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 decreased by 60.5%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes increased by 45.2%.
Housing Supply in Harrison, AR
How many homes are available in Harrison, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Harrison real estate market had 26 homes for sale in May 2024, a 3.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Harrison 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Harrison in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Harrison, AR
How long does it take to sell a home in Harrison, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
86 Days | 20 Days | -76.7% |
Summary: Homes in Harrison had an average of 20 days on market in May 2024, down by 76.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Harrison; 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.