Harker Heights appreciation rates and housing market information

Harker Heights housing market information

With 17,309 people, 6,845 houses or apartments, and a median cost of homes of $157,806, Harker Heights real estate is some of the most expensive in Texas, although Harker Heights home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Harker Heights, accounting for 56.73% of the city's housing units. Other types of housing that are prevalent in Harker Heights include mobile homes or trailers (28.43%), duplexes, homes converted to apartments, or other small apartment buildings (7.25%), large apartment complexes or high rise apartments (6.24%), and a few row houses and other attached homes (1.36%).

The most prevalent building size and type in Harker Heights are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 53.98% owning, and 36.95% renting.

There is a lot of housing in Harker Heights built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Harker Heights built from 1995 and later (18.57%). A lesser amount of the housing stock also hails from 1940-1969 (11.37%), and some were built from 1939 and earlier (11.37%).

Harker Heights home appreciation rates

Harker Heights's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Harker Heights during the period has been just 4.89%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Harker Heights home appreciation rates, at 2.00%, have been at or slightly above the national average. In the latest quarter, Harker Heights's appreciation rate has been -0.31%, which annualizes to a rate of -1.24%.

Relative to Texas, our data show that Harker Heights's latest annual appreciation rate is higher than 21% of the other cities and towns in Texas.