Harrisville, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Harrisville Neighborhoods Since 2000




Harrisville, PA 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

Harrisville Housing Market Information

With 880 people, 326 houses or apartments, and a median cost of homes of $146,860, Harrisville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Harrisville, accounting for 80.28% of the borough's housing units. Other types of housing that are prevalent in Harrisville include mobile homes or trailers ( 9.30%), duplexes, homes converted to apartments or other small apartment buildings ( 6.48%), and a few large apartment complexes or high rise apartments ( 3.94%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harrisville. Owner-occupied housing accounts for 65.86% of Harrisville's homes, and 58.59% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Harrisville's housing was primarily built during this period, from the '40s through the '60s. A full 43.66% of the borough's housing hails from this era. Other housing ages represented in Harrisville include homes built before 1939 ( 30.99%) and housing constructed between 1970-1999 ( 17.75%). There's also some housing in Harrisville built between 2000 and later ( 7.61%).

Harrisville Home Appreciation Rates

In the last 10 years, Harrisville has experienced some of the highest home appreciation rates of any community in the nation. Harrisville real estate appreciated 15.79% over the last ten years, which is an average annual home appreciation rate of 1.48%, putting Harrisville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Harrisville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Harrisville's appreciation rate, at 5.06%, has been at or slightly above the national average. In the latest quarter, Harrisville's appreciation rate has been -0.41%, which annualizes to a rate of -1.65%.

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

Average Home Values

 

Median Home Value:
$146,860

Harrisville, PA HOME PRICES

Value Range
> $1,112,000 0.3
$834,001 - $1,112,000 0.0
$556,001 - $834,000 1.1
$445,001 - $556,000 3.2
$334,001 - $445,000 4.0
$222,001 - $334,000 14.5
$111,001 - $222,000 50.0
$56,001 - $111,000 19.0
$0 - $56,000 8.0

Average for PA
Average for Nation

Value Relative to Nation Value Relative to State
51.365287706551 46.4734299516908

Number Of Homes And Apartments:
326

Harrisville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
42.32% 2.07% 5 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$814 / per month

Homeownership Rate

Homeownership
Owners 65.86
Renters 34.14
Vacant 8.17

Housing Market Details

 

Age of Homes

AGE OF Harrisville HOMES
2000 or Newer 7.6
1970 - 1999 17.7
1940 - 1969 43.7
1939 or Older 31.0

Types of Homes

TYPE OF Harrisville HOMES
Single-Family 80.3
Townhomes 0.0
Small Apt. Buildings 6.5
Apt. Complexes 3.9
Mobile Homes 9.3
Other 0.0

Home Size

SIZE OF Harrisville HOMES
No Bedroom 0.28
1 Bedroom 5.35
2 Bedrooms 33.24
3 Bedrooms 47.61
4 Bedrooms 10.99
5 or more bedrooms 2.54

Popular Neighborhoods in Harrisville

Zip Codes in Harrisville, PA