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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrison is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Harrison is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Harrison, AR

How much do homes in Harrison, AR cost?

Median Sold Price

$200,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,050(+1.0%)

Key Takeaway

Homes in Harrison have sold for 1% more than they did a year ago.

Summary: The median home sold price in Harrison was $200,000 in October 2024, up 1% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $88K$88.7K
+0.9%
2 $127.9K$145K
+13.4%
3 $190K$190K
0.0%
4 $281.1K$275K
-2.2%
5+ $317.4K$327K
+3.0%

Summary: Harrison housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 13.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Cities

North Harrison Township
+7.9%
South Harrison Township
+5.7%
Harrison
+1.0%

Housing Supply in Harrison, AR

How many homes are available in Harrison, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
178191+7.3%

Summary: The Harrison real estate market had 191 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2931
+6.9%
3 7782
+6.5%
4 4546
+2.2%
5+ 2530
+20.0%

Summary: The Harrison housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2130+42.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Harrison in October 2024, up by 42.9% month-over-month. Of the 30 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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

Oct 2023Oct 2024CHANGE
76 Days76 Days0.1%

Summary: Homes in Harrison had an average of 76 days on market in Oct 2024, up by 0.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harrison has remained consistent over time.

Summary: During October 2024, 30 homes were sold in Harrison; 3% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 23% 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 16 Days Ago

Newest Listings in Harrison, AR

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