Is Harriman, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harriman is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Harriman has remained a Seller's Market.

Key Takeaway

Harriman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harriman, NY

How much do homes in Harriman, NY cost?

Median Sold Price

$267,500

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$46,500(+21.0%)

Key Takeaway

Homes in Harriman have sold for 21% more than they did a year ago.

Summary: The median home sold price in Harriman was $267,500 in May 2024, up 21% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $205K$215K
+4.9%
2 $210K$240K
+14.3%
3 $302.5K$450.2K
+48.8%
4 $485K$555K
+14.4%
5+ $785K$845K
+7.6%

Summary: Harriman housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 48.8%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Cities

Harriman
+21.0%
Woodbury
+10.0%

Housing Supply in Harriman, NY

How many homes are available in Harriman, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1118+63.6%

Summary: The Harriman real estate market had 18 homes for sale in May 2024, a 63.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 710
+42.9%
3 11
0.0%
4 25
+150.0%
5+ 01
+100.0%

Summary: The Harriman 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 42.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harriman, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Harriman in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Harriman, NY

How long does it take to sell a home in Harriman, NY?

Average Sale Time

May 2023May 2024CHANGE
51 Days68 Days+31.8%

Summary: Homes in Harriman had an average of 68 days on market in May 2024, up by 31.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harriman has remained consistent over time.

Summary: During May 2024, 4 homes were sold in Harriman; 25% of homes were sold within 30 days, 50% 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 2 Days Ago

Newest Listings in Harriman, NY

Nearby Markets to Harriman, NY

What housing markets are near Harriman, NY?