menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Harrison, AR Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Harrison, AR Housing Market Trends

With 13,338 people, 5,793 houses or apartments, and a median cost of homes of $238,930, house prices in Harrison are solidly below the national average.

Single-family detached homes are the single most common housing type in Harrison, accounting for 65.47% of the city's housing units. Other types of housing that are prevalent in Harrison include large apartment complexes or high rise apartments ( 15.19%), duplexes, homes converted to apartments or other small apartment buildings ( 10.95%), and a few row houses and other attached homes ( 5.04%).

The most prevalent building size and type in Harrison are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.12% owning and 46.88% renting.

There is a lot of housing in Harrison built from 1970 to 1999 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 Harrison built between 1940-1969 ( 23.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.47%). There's also some housing in Harrison built before 1939 ( 8.67%).

Harrison Home Appreciation Rates

Real estate appreciation rates in Harrison's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.06% during the period.

NeighborhoodScout's data show that during the latest twelve months, Harrison's appreciation rate, at 5.42%, has been at or slightly above the national average. In the latest quarter, Harrison's appreciation rate has been 2.22%, which annualizes to a rate of 9.19%.

Importantly, this makes Harrison one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Arkansas, our data show that Harrison's latest annual appreciation rate is lower than 50% of the other cities and towns in Arkansas.

Average Home Values

Median Home Value

$238,930

Harrison, AR Home Prices
> $1,381,000
$1,035,001 - $1,381,000
$690,001 - $1,035,000
$552,001 - $690,000
$415,001 - $552,000
$276,001 - $415,000
$138,001 - $276,000
$69,001 - $138,000
$0 - $69,000
1.4%
1.4%
1.1%
1.1%
3.6%
3.6%
1.7%
1.7%
3.6%
3.6%
14.2%
14.2%
49.0%
49.0%
21.3%
21.3%
4.1%
4.1%
0% 100.0%
% of Homes
Very High

for Arkansas

Average

for nation

Number of Homes And Apartments:

5,793

Harrison Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,072 / per month

Homeownership Rate

Owners
Renters
53.1%
53.1%
46.9%
46.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.0%
9.0%
91.0%
91.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.5%
14.5%
53.2%
53.2%
23.6%
23.6%
8.7%
8.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.5%
65.5%
5.0%
5.0%
11.0%
11.0%
15.2%
15.2%
3.0%
3.0%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
12.9%
12.9%
31.1%
31.1%
38.0%
38.0%
11.1%
11.1%
3.9%
3.9%
0% 100.0%
% of Homes

Popular Neighborhoods in Harrison

Popular Communities Near Harrison, AR

Zip Codes in Harrison, AR