Is Harrison, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrison is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Harrison has remained a Seller's Market.

Key Takeaway

Harrison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harrison, NY

How much do homes in Harrison, NY cost?

Median Sold Price

$1,350,000

$407/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$80,000(+6.3%)

Key Takeaway

Homes in Harrison have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Harrison was $1,350,000 in May 2024, up 6.3% from last year, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $162K$180K
+11.1%
2 $241.2K$301.2K
+24.9%
3 $882K$900K
+2.0%
4 $1.2M$1.3M
+13.3%
5+ $2.0M$2.4M
+19.3%

Summary: Harrison housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 24.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 19.3%.

Median Sold Price Compared To Nearby Cities

Scarsdale
+14.3%
White Plains
+11.3%
Rye
+8.9%
Harrison
+6.3%
Rye Brook
-7.3%

Housing Supply in Harrison, NY

How many homes are available in Harrison, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
109108-0.9%

Summary: The Harrison real estate market had 108 homes for sale in May 2024, a 0.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1212
0.0%
2 109
-10.0%
3 1314
+7.7%
4 2321
-8.7%
5+ 5152
+2.0%

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 10%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1421+50.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrison, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Harrison in May 2024, up by 50.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 10% were sold at asking, and 38% were sold over asking.

Days on Market for Harrison, NY

How long does it take to sell a home in Harrison, NY?

Average Sale Time

May 2023May 2024CHANGE
84 Days90 Days+6.6%

Summary: Homes in Harrison had an average of 90 days on market in May 2024, up by 6.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 21 homes were sold in Harrison; 57% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 24% 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 Harrison, NY

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