Is Harrison, AR 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 November 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, AR

How much do homes in Harrison, AR cost?

Median Sold Price

$195,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,933(-2.5%)

Key Takeaway

Homes in Harrison have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Harrison was $195,000 in November 2024, down 2.5% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $88K$97.5K
+10.8%
2 $131.9K$135.9K
+3.0%
3 $190K$188.8K
-0.6%
4 $285.1K$272.4K
-4.4%
5+ $300K$360K
+20.0%

Summary: Harrison housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 20%.

Median Sold Price Compared To Nearby Cities

South Harrison Township
+5.7%
Harrison
-2.5%
North Harrison Township
-6.5%

Housing Supply in Harrison, AR

How many homes are available in Harrison, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
192184-4.2%

Summary: The Harrison real estate market had 184 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 3232
0.0%
3 8688
+2.3%
4 4241
-2.4%
5+ 2921
-27.6%

Summary: The Harrison housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 27.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3231-3.1%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 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. 54.8% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Harrison in November 2024, down by 3.1% month-over-month. Of the 31 sold homes, 55% were sold under asking, 19% were sold at asking, and 26% 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

Nov 2023Nov 2024CHANGE
93 Days76 Days-18.0%

Summary: Homes in Harrison had an average of 76 days on market in Nov 2024, down by 18% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

6 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 November 2024, 31 homes were sold in Harrison; 3% of homes were sold within 30 days, 77% of homes were sold within 30 to 90 days, and 19% 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 17 Days Ago

Newest Listings in Harrison, AR

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