Is Harrowgate, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrowgate is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Harrowgate was a Neutral Market.

Key Takeaway

Harrowgate is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harrowgate, PA

How much do homes in Harrowgate, PA cost?

Median Sold Price

$90,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,000(-4.3%)

Key Takeaway

Homes in Harrowgate have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Harrowgate was $90,000 in October 2024, down 4.3% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $70K$90K
+28.6%
3 $96.5K$86.7K
-10.1%
4 $125K$139.9K
+11.9%
5+ $100K$80K
-20.0%

Summary: Harrowgate 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 28.6%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Neighborhoods

Port Richmond
+12.5%
Bridesburg / Kensington / Richmond
+1.7%
Juniata
+1.4%
Harrowgate
-4.3%

Housing Supply in Harrowgate, PA

How many homes are available in Harrowgate, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
112122+8.9%

Summary: The Harrowgate real estate market had 122 homes for sale in October 2024, a 8.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3438
+11.8%
3 7177
+8.5%
4 55
0.0%
5+ 22
0.0%

Summary: The Harrowgate 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 increased by 11.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrowgate, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Harrowgate in October 2024, down by 46.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Harrowgate, PA

How long does it take to sell a home in Harrowgate, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days70 Days+22.5%

Summary: Homes in Harrowgate had an average of 70 days on market in Oct 2024, up by 22.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Harrowgate; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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

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