Harrisonville, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Harrisonville Neighborhoods Since 2000




Harrisonville, MO Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Harrisonville Housing Market Information

With a population of 9,986, 4,086 total housing units (homes and apartments), and a median house value of $136,452, house prices in Harrisonville are solidly below the national average.

Single-family detached homes are the single most common housing type in Harrisonville, accounting for 65.81% of the city's housing units. Other types of housing that are prevalent in Harrisonville include duplexes, homes converted to apartments or other small apartment buildings ( 19.34%), mobile homes or trailers ( 5.42%), and a few large apartment complexes or high rise apartments ( 4.83%).

The most prevalent building size and type in Harrisonville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.04% owning and 45.96% renting.

There is a lot of housing in Harrisonville 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 Harrisonville built between 1940-1969 ( 24.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.84%). There's also some housing in Harrisonville built before 1939 ( 9.24%).

Harrisonville Home Appreciation Rates

Real estate appreciation rates in Harrisonville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.17% during the period.

Appreciation rates are so strong in Harrisonville that despite a nationwide downturn in the housing market, Harrisonville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Harrisonville appreciation rates continue to be some of the highest in America, at 6.90%, which is higher than appreciation rates in 80.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Harrisonville. Harrisonville appreciation rates in the latest quarter were at -0.04%, which equates to an annual appreciation rate of -0.17%.

Relative to Missouri, our data show that Harrisonville's latest annual appreciation rate is higher than 90% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$136,452

Harrisonville, MO HOME PRICES

Value Range
> $1,147,000 0.0
$861,001 - $1,147,000 0.0
$574,001 - $861,000 0.0
$459,001 - $574,000 0.9
$344,001 - $459,000 3.9
$230,001 - $344,000 10.2
$115,001 - $230,000 55.5
$57,001 - $115,000 19.6
$0 - $57,000 9.8

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
56.4865815070901 38.2

Number Of Homes And Apartments:
4,086

Harrisonville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
25.39% 1.32% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,179 / per month

Homeownership Rate

Homeownership
Owners 54.04
Renters 45.96
Vacant 6.50

Housing Market Details

 

Age of Homes

AGE OF Harrisonville HOMES
2000 or Newer 12.8
1970 - 1999 53.1
1940 - 1969 24.8
1939 or Older 9.2

Types of Homes

TYPE OF Harrisonville HOMES
Single-Family 65.8
Townhomes 4.4
Small Apt. Buildings 19.3
Apt. Complexes 4.8
Mobile Homes 5.4
Other 0.2

Home Size

SIZE OF Harrisonville HOMES
No Bedroom 0.23
1 Bedroom 6.66
2 Bedrooms 33.68
3 Bedrooms 47.73
4 Bedrooms 10.34
5 or more bedrooms 1.35

Popular Neighborhoods in Harrisonville

Zip Codes in Harrisonville, MO