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.



West Harrison, IN 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

West Harrison, IN Housing Market Trends

With a population of 330, 145 total housing units (homes and apartments), and a median house value of $424,765, West Harrison real estate is some of the most expensive in Indiana, although West Harrison home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in West Harrison, accounting for 56.80% of the town's housing units. Other types of housing that are prevalent in West Harrison include duplexes, homes converted to apartments or other small apartment buildings ( 20.12%), large apartment complexes or high rise apartments ( 13.61%), and a few mobile homes or trailers ( 9.47%).

People in West Harrison primarily live in small (one, two or no bedroom) single-family detached homes. West Harrison has a mixture of owner-occupied and renter-occupied housing.

The housing in West Harrison was primarily built before 1939 ( 48.52%), making the housing stock in West Harrison some of the oldest overall in America, although there is a range of ages of homes in West Harrison. The next most important housing age is between 1940-1969 ( 31.36%), followed by between 1970-1999 ( 11.83%). There's also some housing in West Harrison built between 2000 and later ( 8.28%).

Vacant housing appears to be an issue in West Harrison. Fully 14.20% of the housing stock is classified as vacant. Left unchecked, vacant West Harrison homes and apartments can be a drag on the real estate market, holding West Harrison real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

West Harrison Home Appreciation Rates

Appreciation rates for homes in West Harrison have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 82.91%, which ranks in the top 50% nationwide. This equates to an annual average West Harrison house appreciation rate of 6.22%.

NeighborhoodScout's data show that during the latest twelve months, West Harrison's appreciation rate, at 6.60%, has been at or slightly above the national average. In the latest quarter, West Harrison's appreciation rate has been 0.10%, which annualizes to a rate of 0.40%.

Relative to Indiana, our data show that West Harrison's latest annual appreciation rate is higher than 80% of the other cities and towns in Indiana.

Average Home Values

Median Home Value

$424,765

West Harrison, IN Home Prices
> $1,369,000
$1,027,001 - $1,369,000
$684,001 - $1,027,000
$548,001 - $684,000
$411,001 - $548,000
$274,001 - $411,000
$137,001 - $274,000
$69,001 - $137,000
$0 - $69,000
0.0%
0.0%
0.0%
0.0%
12.3%
12.3%
13.5%
13.5%
28.8%
28.8%
23.2%
23.2%
16.4%
16.4%
4.9%
4.9%
0.9%
0.9%
0% 100.0%
% of Homes
Very High

for Indiana

High

for nation

Number of Homes And Apartments:

145

West Harrison Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,499 / per month

Homeownership Rate

Owners
Renters
42.8%
42.8%
57.2%
57.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.2%
14.2%
85.8%
85.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
8.3%
8.3%
11.8%
11.8%
31.4%
31.4%
48.5%
48.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
56.8%
56.8%
0.0%
0.0%
20.1%
20.1%
13.6%
13.6%
9.5%
9.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
17.8%
17.8%
31.4%
31.4%
45.0%
45.0%
3.6%
3.6%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in West Harrison

Zip Codes in West Harrison, IN