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Housing in Harrison

A typical Harrison home is worth roughly $180,000

Home prices around Harrison have risen about 52% over the past 5 years.

Typical home value
$180K
▲ 4.2% in a year · IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$972
IN $1,614

What kind of housing town is Harrison?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Renting

A two-bedroom rents for about $960

Renters already here pay a median of $740, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$720
1 bedroom$730
2 bedrooms$960
3 bedrooms$1,160
4 bedrooms$1,340
32%
of households rent · IN 29%
1,016
renter households
34%
of renters spend 30%+ of income on rent · IN 48%
19%
of the median income, for a two-bedroom
$740
median rent paid today · Census

How Harrison ranks on rent that’s easy to afford →

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wells County, IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Affordability

A typical home costs 2.9 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about
$250,000
Typical Harrison home $180K

That covers a typical Harrison home, with $70K to spare.

The typical home, each month
$1,040
Loan $890Tax $100Insurance $50

A two-bedroom rents for about $960 a month here, $80 less than owning.

How Harrison ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Harrison’s typical property tax (0.65% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

69% of Harrison households own their home

Half of Harrison’s homes were built before 1955.

Owners and renters
Own 69%Rent 32%

Indiana: 71% own.

1955
typical home built · IN 1976
$972
median property tax bill · IN $1,614
0.65%
of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Home prices up 52% in 5 years

The federal house price index for the ZIP code around Harrison rose 52% over the past 5 years, about the same as across Indiana. Last year prices rose 4.2%. Carrying the Census median home value forward with that index puts the typical Harrison home at roughly $180,000 today.

Harrison areaIndiana
0%+50%+100%+150%200020052010201520202025
+4.2%
past year
+52%
past 5 years
+88%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $180K.

How Harrison ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Harrison, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Next door

Harrison vs. its neighbors

Harrison is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Harrison$180K*+4.2%†$960$61,689
Lancaster$221K*+4.5%†$990$76,563
Liberty$125K*—$980$56,080
French$316K*+14.8%†$960$105,288
Nottingham$148K*—$970$64,737

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Harrison buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Harrison still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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