Is Harrison, MI 48625 a buyer’s or seller’s market?
Harrison is a seller’s market. With about 3.4 months of supply and 16% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 26% of U.S. ZIP codes, and #455 of 510 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Harrison housing market right now
In the three months ending August 31, 2026, 16% of homes in Harrison, MI 48625 sold above their list price, the typical home went under contract in 54 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 117 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (44 days then) and the median sale price rose 20% to $140,789. Overall, Harrison is more competitive than a year ago, so tougher for buyers.
On our competition score, Harrison ranks #455 of 510 MI ZIP codes with enough sales (score 30 out of 100).
Nearby, Farwell 48622 (31% sold over asking) and Lake 48632 (23% sold over asking) are even more competitive.
Run the numbers for 48625
Nearby markets
Clare 48617Seller’s market $148 /sq ftFarwell 48622Seller’s market $135 /sq ftLake 48632Balanced $158 /sq ft Browse all markets →Towns like Harrison nearby
Find towns like Harrison in other states →Where Harrison is
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Questions about Harrison real estate
Is Harrison a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Harrison, MI 48625 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Harrison?
The typical home went under contract in 54 days in the latest three months.
Do homes in Harrison sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Harrison?
About 1.11% of a home’s value a year in Clare County, or roughly $4,440 on a $400,000 home.
What is the median home price in Harrison?
The median sale price was $140,789 in the three months ending August 31, 2026, about $135 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology