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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 29,142 people, 9,119 houses or apartments, and a median cost of homes of $169,787, Harker Heights 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 Harker Heights, accounting for 64.62% of the city's housing units. Other types of housing that are prevalent in Harker Heights include duplexes, homes converted to apartments or other small apartment buildings ( 14.59%), mobile homes or trailers ( 13.17%), and a few large apartment complexes or high rise apartments ( 4.86%).
The most prevalent building size and type in Harker Heights are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.22% owning and 36.78% renting.
There is a lot of housing in Harker Heights 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 Harker Heights built between 2000 and later ( 37.95%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.36%).
Vacant housing appears to be an issue in Harker Heights. Fully 15.05% of the housing stock is classified as vacant. Left unchecked, vacant Harker Heights homes and apartments can be a drag on the real estate market, holding Harker Heights 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.
Real estate appreciation rates in Harker Heights's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.09% during the period.
Over the last year, Harker Heights appreciation rates have trailed the rest of the nation. In the last twelve months, Harker Heights's appreciation rate has been -1.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Harker Heights were at 2.95%, which equates to an annual appreciation rate of 12.32%.
Importantly, NeighborhoodScout’s exclusive research found that Harker Heights's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.
Relative to Texas, our data show that Harker Heights's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.
|$763,001 - $1,018,000||0.0|
|$509,001 - $763,000||0.6|
|$407,001 - $509,000||1.6|
|$305,001 - $407,000||5.8|
|$204,001 - $305,000||26.5|
|$102,001 - $204,000||43.9|
|$51,001 - $102,000||11.4|
|$0 - $51,000||10.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Harker Heights HOMES|
|2000 or Newer||38.0|
|1970 - 1999||53.5|
|1940 - 1969||8.4|
|1939 or Older||0.2|
|TYPE OF Harker Heights HOMES|
|Small Apt. Buildings||14.6|
|SIZE OF Harker Heights HOMES|
|5 or more bedrooms||4.04|