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Sarah Mitchell

CNESRESABR

Compass Real Estate · Harrison, NJ

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Harrison, NJ(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Harrison, NJ Housing Market & Real Estate

Buyer's market-21.9% YoY

Housing market overview · Updated monthly ·

$777,500median sale price

How is the Harrison, NJ housing market right now?

The median home sale price in Harrison, NJ is $777,500, down 21.9% year-over-year. Homes sell in an average of 196 days with 19 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Harrison a buyer's or seller's market?

Buyer's market9.5 months of supply196 avg. days on market

Harrison, NJ is currently a buyer's market, based on 9.5 months of supply and homes selling in about 196 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

196

Average pace

Active listings

19

9.5 months supply

Sale-to-list

96.7%

Below asking

What does the Harrison housing market data show?

Current housing market statistics for Harrison, NJ
MetricValue
Median sale price$777,500
Median list price$934,444
Year-over-year price change-21.9%
Average days on market196 days
Active inventory19 listings
Months of supply9.5 months
Sale-to-list price ratio96.7%
Median price per sq ft$420/sq ft
Homes sold (latest month)2
New listings (latest month)4
Listings with a price cut15.8%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Harrison by property type?

How the Harrison, NJ market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Harrison, NJ
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$775,000$274/sq ft122 days
Condo / Co-op$448,0001175 days
Townhouse$458,0001100 days

Source: Redfin · Updated monthly

The Harrison housing market is currently classified as a buyer's market with a median sale price of $777,500. Prices have fallen 21.9% compared to last year, with homes spending an average of 196 days on market, indicating 9.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 7.2x provides context for how home values compare to local earning capacity.

Homes for sale in Harrison

There are currently 19 homes listed for sale in Harrison, New Jersey. The median listing price is $934K.

Active listings

19

Homes on market

Median list price

$934K

Avg. days on market

196

Days until sale

New this week

4

Newly listed

Price drops:15.8%of listings
Sale-to-list:96.7%

Who lives in Harrison?

Population

19,599

Median income

$82,290/yr

Median age

33.8 years

Owner-occupied

18.9%

College grads

49.2%

Avg commute

36.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Harrison?

Zillow home value

$595,422

Zillow rent index

$2,589/mo

Price-to-rent ratio

19.2x

Price-to-income

7.2x

Source: Zillow Research

What is it like to live in Harrison?

Harrison is a community of approximately 20K residents with a median age of 33.8 years.The median household income is $82,290, which reflects a relatively affluent area with strong earning potential. 49.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 18.9%, showing a blend of owner and renter-occupied properties. The average commute time is 36.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Harrison offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Harrison?

5 schools tracked · 2,193 students

The largest public schools serving Harrison, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Harrison High School

Grades 9-12 · 784 students

Public

Washington Middle School

Grades 6-8 · 481 students

Public

Kennedy Elementary School

Grades PK-1 · 355 students

Public

Lincoln Elementary School

Grades 2-3 · 292 students

Public

Hamilton Intermediate School

Grades 4-5 · 281 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Harrison, NJ?

Want a head-to-head view? Compare Harrison side-by-side with any other U.S. city using our market-comparison tool.

Is Harrison a good real estate investment market?

For investors evaluating Harrison, the price-to-rent ratio of 19.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 21.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Harrison's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Harrison's median home price.

Frequently asked questions

What is the average home price in Harrison?

The median home sale price in Harrison is $777,500, down 21.9% from last year.

How long do homes stay on market in Harrison?

Homes typically spend 196 days on market before going under contract.

What is the median income in Harrison?

The median household income is $82,290 per year.

Is Harrison a buyer's or seller's market?

With 9.5 months of supply, Harrison is currently a buyer's market.

What is the Zillow home value estimate for Harrison?

The Zillow Home Value Index (ZHVI) for Harrison is $595,422, representing the typical home value in the area.

What is the median condo price in Harrison?

The median condo/co-op sale price in Harrison, NJ is $448,000, compared to $775,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Harrison?

The median single-family home price in Harrison, NJ is $775,000 (about $274 per square foot).

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