Is Harrison Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Harrison Township was a Seller's Market.
Key Takeaway
Harrison Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Harrison Township, PA
How much do homes in Harrison Township, PA cost?
Median Sold Price
$163,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Harrison Township have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Harrison Township was $163,000 in May 2024, up 5.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $85K | +30.8% |
| 2 Bedrooms | $132K | $147K | +11.4% |
| 3 Bedrooms | $163K | $163K | 0.0% |
| 4 Bedrooms | $205K | $247.4K | +20.7% |
| 5+ Bedrooms | $290K | $333.5K | +15.0% |
Summary: Harrison Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 11.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $155K | $163K | +5.2% |
| Natrona Heights | $161K | $167K | +3.7% |
| Fawn Township | $197.7K | $191.1K | -3.4% |
| Tarentum | $149K | $132K | -11.4% |
| Brackenridge | $125K | $109.5K | -12.4% |
Housing Supply in Harrison Township, PA
How many homes are available in Harrison Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Harrison Township real estate market had 40 homes for sale in May 2024, a 4.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harrison Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrison Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Harrison Township in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Harrison Township, PA
How long does it take to sell a home in Harrison Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 55 Days | 29 Days | -47.4% |
Summary: Homes in Harrison Township had an average of 29 days on market in May 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Harrison Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Harrison Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
