Is Harris Township, NC 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 May 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, NC

How much do homes in Harris Township, NC cost?

Median Sold Price

$364,450

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,450(-1.5%)

Key Takeaway

Homes in Harris Township have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Harris Township was $364,450 in May 2024, down 1.5% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $204.9K$472.5K
+130.6%
2 $223K$282.2K
+26.6%
3 $359.5K$350K
-2.6%
4 $597.8K$440K
-26.4%
5+ $896K$1.6M
+86.4%

Summary: Harris Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 130.6%, 2 bedroom homes increased by 26.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 26.4%, and 5+ bedroom homes increased by 86.4%.

Median Sold Price Compared To Nearby Cities

Dunn Township
+6.3%
Louisburg Township
+4.7%
Cypress Creek Township
+4.5%
Youngsville Township
+2.4%
Harris Township
-1.5%

Housing Supply in Harris Township, NC

How many homes are available in Harris Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4240-4.8%

Summary: The Harris 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

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 2322
-4.3%
4 1616
0.0%
5+ 11
0.0%

Summary: The Harris Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
108-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harris Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Harris Township in May 2024, down by 20.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Harris Township, NC

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

Average Sale Time

May 2023May 2024CHANGE
68 Days51 Days-25.5%

Summary: Homes in Harris Township had an average of 51 days on market in May 2024, down by 25.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Harris Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in Harris Township, NC

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