Is Harrogate, TN 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, Harrogate was a Seller's Market.
Housing Prices in Harrogate, TN
How much do homes in Harrogate, TN cost?
Median Sold Price
$253,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harrogate was $253,000 in May 2024, up 15% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.3K | $202K | +97.3% |
2 Bedrooms | $194.2K | $169.9K | -12.5% |
3 Bedrooms | $229K | $250K | +9.2% |
4 Bedrooms | $347.5K | $375K | +7.9% |
5+ Bedrooms | $235K | $514.5K | +118.9% |
Summary: Harrogate housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 118.9%.
Housing Supply in Harrogate, TN
How many homes are available in Harrogate, TN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Summary: The Harrogate real estate market had 39 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Harrogate 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Harrogate in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Harrogate, TN
How long does it take to sell a home in Harrogate, TN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 99 Days | +644.0% |
Summary: Homes in Harrogate had an average of 99 days on market in May 2024, up by 644% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Harrogate; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.