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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Harrison, NY Real Estate Market

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 Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Harrison, NY Housing Market Trends

With 29,369 people, 8,242 houses or apartments, and a median cost of homes of $1,071,081, Harrison house prices are not only among the most expensive in New York, Harrison real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Harrison, accounting for 53.76% of the village's housing units. Other types of housing that are prevalent in Harrison include duplexes, homes converted to apartments or other small apartment buildings ( 29.04%), large apartment complexes or high rise apartments ( 10.95%), and a few row houses and other attached homes ( 6.25%).

The most prevalent building size and type in Harrison are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 58.91% owning and 41.09% renting.

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. Harrison's housing was primarily built during this period, from the '40s through the '60s. A full 40.54% of the village's housing hails from this era. Other housing ages represented in Harrison include homes built between 1970-1999 ( 27.72%) and housing constructed before 1939 ( 21.39%). There's also some housing in Harrison built between 2000 and later ( 10.36%).

Harrison Home Appreciation Rates

Real estate appreciation rates in Harrison's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.91% during the period.

Appreciation rates are so strong in Harrison that despite a nationwide downturn in the housing market, Harrison real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Harrison appreciation rates continue to be some of the highest in America, at 9.83%, which is higher than appreciation rates in 86.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Harrison. Harrison appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.

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

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Harrison differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Harrison - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Harrison real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$1,071,081

Harrison, NY Home Prices
> $1,230,000
$923,001 - $1,230,000
$616,001 - $923,000
$492,001 - $616,000
$369,001 - $492,000
$246,001 - $369,000
$123,001 - $246,000
$62,001 - $123,000
$0 - $62,000
42.8%
42.8%
21.8%
21.8%
18.4%
18.4%
3.2%
3.2%
4.1%
4.1%
3.3%
3.3%
5.5%
5.5%
0.3%
0.3%
0.6%
0.6%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

8,242

Harrison Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,172 / per month

Homeownership Rate

Owners
Renters
58.9%
58.9%
41.1%
41.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.0%
7.0%
93.0%
93.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.4%
10.4%
27.7%
27.7%
40.5%
40.5%
21.4%
21.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
53.8%
53.8%
6.3%
6.3%
29.0%
29.0%
10.9%
10.9%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
9.3%
9.3%
16.9%
16.9%
31.2%
31.2%
19.5%
19.5%
20.2%
20.2%
0% 100.0%
% of Homes