$29,999
0.45 Acres
Land
Kilian Goldin, Listing Office: UPGRADED REALTY, LLC
Is Harrison, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Harrison has remained a Seller's Market.
Key Takeaway
Harrison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrison, TN
How much do homes in Harrison, TN cost?
Median Sold Price
$320,500
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,500(+10.5%)
Key Takeaway
Homes in Harrison have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Harrison was $320,500 in October 2024, up 10.5% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $188.5K | -36.1% |
| 3 Bedrooms | $265.5K | $292.2K | +10.1% |
| 4 Bedrooms | $353.5K | $371K | +5.0% |
| 5+ Bedrooms | $447.5K | $397K | -11.3% |
Summary: Harrison 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 decreased by 36.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 11.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Bonny Oaks / Highway 58 | $238.2K | $275K | +15.4% |
| Middle Valley | $331.5K | $370K | +11.6% |
| Harrison | $290K | $320.5K | +10.5% |
| Northgate / Big Ridge | $410K | $440K | +7.3% |
| Ooltewah / Summit | $433.3K | $452.8K | +4.5% |
Housing Supply in Harrison, TN
How many homes are available in Harrison, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 44 | -2.2% |
Summary: The Harrison real estate market had 44 homes for sale in October 2024, a 2.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Harrison 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 66.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrison, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Harrison in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Harrison, TN
How long does it take to sell a home in Harrison, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 42 Days | +168.1% |
Summary: Homes in Harrison had an average of 42 days on market in Oct 2024, up by 168.1% 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
Key Takeaway
Many homes in Harrison are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Harrison; 25% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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