Is Harris Township, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harris Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Harris Township, MN

How much do homes in Harris Township, MN cost?

Median Sold Price

$376,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,000(+1.1%)

Key Takeaway

Homes in Harris Township have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Harris Township was $376,000 in November 2024, up 1.1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$203K
-7.7%
2 $265K$251.5K
-5.1%
3 $392.5K$400K
+1.9%
4 $416.5K$399.9K
-4.0%
5+ $645K$415K
-35.7%

Summary: Harris Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 35.7%.

Median Sold Price Compared To Nearby Cities

Grand Rapids
+11.0%
Harris Township
+1.1%

Housing Supply in Harris Township, MN

How many homes are available in Harris Township, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2520-20.0%

Summary: The Harris Township real estate market had 20 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 86
-25.0%
3 97
-22.2%
4 76
-14.3%
5+ 00
0.0%

Summary: The Harris Township 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 decreased by 25%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harris Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harris Township in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Harris Township, MN

How long does it take to sell a home in Harris Township, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days83 Days+71.6%

Summary: Homes in Harris Township had an average of 83 days on market in Nov 2024, up by 71.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Harris Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in Harris Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 Harris Township, MN

Nearby Markets to Harris Township, MN

What housing markets are near Harris Township, MN?