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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Harrison Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in North Harrison Township, AR

How much do homes in North Harrison Township, AR cost?

Median Sold Price

$205,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+7.9%)

Key Takeaway

Homes in North Harrison Township have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in North Harrison Township was $205,000 in October 2024, up 7.9% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $56K-
N/A
2 $120K$150K
+25.0%
3 $171.5K$182.7K
+6.5%
4 $281.8K$274.9K
-2.5%
5+ $307.5K$305K
-0.8%

Summary: North Harrison Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

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

Housing Supply in North Harrison Township, AR

How many homes are available in North Harrison Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5452-3.7%

Summary: The North Harrison Township real estate market had 52 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 137
-46.2%
3 2628
+7.7%
4 98
-11.1%
5+ 69
+50.0%

Summary: The North Harrison Township 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 decreased by 46.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Harrison Township, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in North Harrison Township in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.

Days on Market for North Harrison Township, AR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
98 Days83 Days-15.7%

Summary: Homes in North Harrison Township had an average of 83 days on market in Oct 2024, down by 15.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in North Harrison Township; 0% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 31% 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 North Harrison Township, AR

Nearby Markets to North Harrison Township, AR