Harrisburg, AR is a great place to invest in housing. The median value of housing in the area is $108,200, which is significantly lower than the US median house value of $338,100. In addition, over the past year, the appreciation rate for housing in Harrisburg has been 15.59%, far exceeding the national average of 8.27%. This makes Harrisburg an ideal location for investment in residential properties as it offers a considerable price advantage and potential for rapid equity growth.
The median home cost in Harrisburg is $108,200. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Harrisburg is up 13.4%.
Average Age of Homes
- The median age of Harrisburg real estate is 45 years old
The Rental Market in Harrisburg
- Renters make up 43.1% of the Harrisburg population
- 0.0% of houses and apartments in Harrisburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.