Harper Woods, MI

Buyer's market+5.5% YoY

Housing market overview · Updated weekly

$176,250median sale price

Homes sold

14

Last 12 weeks

Days on market

125

Average pace

Active listings

71

5.1 months supply

Sale-to-list

98.2%

Below asking

The Harper Woods housing market is currently classified as a buyer's market with a median sale price of $176,250. Prices have risen 5.5% compared to last year, with homes spending an average of 125 days on market, indicating 5.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Harper Woods

There are currently 71 homes listed for sale in Harper Woods, Michigan. The median listing price is $130K.

Active listings

71

Homes on market

Median list price

$130K

Avg. days on market

125

Days until sale

New this week

19

Newly listed

Price drops:18.3%of listings
Sale-to-list:98.2%

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Frequently asked questions

What is the average home price in Harper Woods?

The median home sale price in Harper Woods is $176,250, up 5.5% from last year.

How long do homes stay on market in Harper Woods?

Homes typically spend 125 days on market before going under contract.

Is Harper Woods a buyer's or seller's market?

With 5.1 months of supply, Harper Woods is currently a buyer's market.

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