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 about Scout's Real Estate Data
With 9,854 people, 3,912 houses or apartments, and a median cost of homes of $269,544, Harrisonville 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 Harrisonville, accounting for 68.17% 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 ( 12.44%), large apartment complexes or high rise apartments ( 8.68%), and a few row houses and other attached homes ( 5.83%).
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 56.32% owning and 43.68% 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 ( 31.54%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.27%). There's also some housing in Harrisonville built before 1939 ( 7.94%).
Vacant housing appears to be an issue in Harrisonville. Fully 10.21% of the housing stock is classified as vacant. Left unchecked, vacant Harrisonville homes and apartments can be a drag on the real estate market, holding Harrisonville 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.
Appreciation rates for homes in Harrisonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.05%, which ranks in the top 30% nationwide. This equates to an annual average Harrisonville house appreciation rate of 7.55%.
Over the last year, Harrisonville appreciation rates have trailed the rest of the nation. In the last twelve months, Harrisonville's appreciation rate has been 4.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Harrisonville were at 2.29%, which equates to an annual appreciation rate of 9.46%.
Relative to Missouri, our data show that Harrisonville's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$269,544
for Missouri
for nation
3,912
$1,625 / per month