Is Harvest, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvest is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Harvest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harvest, AL

How much do homes in Harvest, AL cost?

Median Sold Price

$314,825

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,543(+0.8%)

Key Takeaway

Homes in Harvest have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Harvest was $314,825 in November 2024, up 0.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $167.5K$144.4K
-13.8%
3 $275K$274.9K
0%
4 $350K$344.9K
-1.4%
5+ $414.9K$405K
-2.4%

Summary: Harvest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Madison
+2.8%
Harvest
+0.8%
Huntsville
-1.0%
Madison Crossroads
-4.0%
Toney
-4.1%

Housing Supply in Harvest, AL

How many homes are available in Harvest, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
205224+9.3%

Summary: The Harvest real estate market had 224 homes for sale in November 2024, a 9.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 95109
+14.7%
4 95102
+7.4%
5+ 1210
-16.7%

Summary: The Harvest housing inventory by bedroom type for November 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 14.7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
29290.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvest, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Harvest in November 2024, the same as the previous month. Of the 29 sold homes, 45% were sold under asking, 41% were sold at asking, and 14% were sold over asking.

Days on Market for Harvest, AL

How long does it take to sell a home in Harvest, AL?

Average Sale Time

Nov 2023Nov 2024CHANGE
69 Days27 Days-60.1%

Summary: Homes in Harvest had an average of 27 days on market in Nov 2024, down by 60.1% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 29 homes were sold in Harvest; 3% of homes were sold within 30 days, 3% 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 2 Days Ago

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