Harriman, TN


Highest Appreciating Harriman Neighborhoods Since 2000

Harriman, TN 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

Harriman Housing Market Information

With a population of 6,224, 2,744 total housing units (homes and apartments), and a median house value of $95,086, house prices in Harriman are some of the most affordable in Tennessee as well as the nation.

Single-family detached homes are the single most common housing type in Harriman, accounting for 67.67% of the city's housing units. Other types of housing that are prevalent in Harriman include duplexes, homes converted to apartments or other small apartment buildings ( 17.87%), large apartment complexes or high rise apartments ( 8.87%), and a few mobile homes or trailers ( 3.39%).

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

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. Harriman's housing was primarily built during this period, from the '40s through the '60s. A full 51.17% of the city's housing hails from this era. Other housing ages represented in Harriman include homes built between 1970-1999 ( 30.33%) and housing constructed before 1939 ( 15.54%). There's also some housing in Harriman built between 2000 and later ( 2.96%).

Vacant housing appears to be an issue in Harriman. Fully 21.78% of the housing stock is classified as vacant. Left unchecked, vacant Harriman homes and apartments can be a drag on the real estate market, holding Harriman 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.

Harriman Home Appreciation Rates

Real estate appreciation rates in Harriman's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.29% during the period.

NeighborhoodScout's data show that during the latest twelve months, Harriman's appreciation rate, at 3.72%, has been at or slightly above the national average. In the latest quarter, Harriman's appreciation rate has been 0.56%, which annualizes to a rate of 2.26%.

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

Average Home Values


Median Home Value:


Value Range
> $1,028,000 0.9
$771,001 - $1,028,000 0.0
$514,001 - $771,000 0.0
$411,001 - $514,000 0.2
$309,001 - $411,000 7.1
$205,001 - $309,000 5.5
$103,001 - $205,000 32.5
$52,001 - $103,000 46.2
$0 - $52,000 7.5

Very Low for TN
Very Low for Nation

Value Relative to Nation Value Relative to State
80.7219031993437 80.6122448979592

Number Of Homes And Apartments:

Harriman Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
29.31% 1.50% 3 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$879 / per month

Homeownership Rate

Owners 41.95
Renters 58.05
Vacant 21.78

Housing Market Details


Age of Homes

2000 or Newer 3.0
1970 - 1999 30.3
1940 - 1969 51.2
1939 or Older 15.5

Types of Homes

Single-Family 67.7
Townhomes 2.2
Small Apt. Buildings 17.9
Apt. Complexes 8.9
Mobile Homes 3.4
Other 0.0

Home Size

No Bedroom 1.34
1 Bedroom 18.13
2 Bedrooms 38.88
3 Bedrooms 29.53
4 Bedrooms 10.55
5 or more bedrooms 1.57

Popular Neighborhoods in Harriman

Zip Codes in Harriman, TN