Is Harriman, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harriman is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Harriman, NY

How much do homes in Harriman, NY cost?

Median Sold Price

$250,000

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-2.0%)

Key Takeaway

Homes in Harriman have sold for 2% less than they did a year ago.

Summary: The median home sold price in Harriman was $250,000 in November 2024, down 2% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $244.5K$210.5K
-13.9%
2 $216.5K$237.5K
+9.7%
3 $315K$341K
+8.3%
4 $550K$538K
-2.2%
5+ $845K$540K
-36.1%

Summary: Harriman housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 36.1%.

Median Sold Price Compared To Nearby Cities

Harriman
-2.0%
Woodbury
-9.0%

Housing Supply in Harriman, NY

How many homes are available in Harriman, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2114-33.3%

Summary: The Harriman real estate market had 14 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 94
-55.6%
3 55
0.0%
4 63
-50.0%
5+ 11
0.0%

Summary: The Harriman housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 55.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 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 Harriman, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harriman in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Harriman, NY

How long does it take to sell a home in Harriman, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days34 Days+49.1%

Summary: Homes in Harriman had an average of 34 days on market in Nov 2024, up by 49.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harriman are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Harriman; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Harriman, NY

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