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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrison Township is a neutral's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Harrison Township 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 Township, AR

How much do homes in Harrison Township, AR cost?

Median Sold Price

$195,666

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$4,233(-2.1%)

Key Takeaway

Homes in Harrison Township have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Harrison Township was $195,666 in December 2024, down 2.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $80K$97.5K
+21.9%
2 $131K$135K
+3.1%
3 $190K$189.9K
-0.1%
4 $292.4K$263.5K
-9.9%
5+ $307.4K$327.5K
+6.5%

Summary: Harrison Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.9%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 6.5%.

Housing Supply in Harrison Township, AR

How many homes are available in Harrison Township, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
186181-2.7%

Summary: The Harrison Township real estate market had 181 homes for sale in December 2024, a 2.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 3330
-9.1%
3 8682
-4.7%
4 4442
-4.5%
5+ 2124
+14.3%

Summary: The Harrison Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3226-18.8%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrison Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Harrison Township in December 2024, down by 18.8% month-over-month. Of the 24 sold homes, 63% were sold under asking, 21% were sold at asking, and 17% were sold over asking.

Days on Market for Harrison Township, AR

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

Average Sale Time

Dec 2023Dec 2024CHANGE
71 Days102 Days+43.1%

Summary: Homes in Harrison Township had an average of 102 days on market in Dec 2024, up by 43.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 26 homes were sold in Harrison Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 42% 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 4 Days Ago

Newest Listings in Harrison Township, AR

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