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 a population of 1,129, 355 total housing units (homes and apartments), and a median house value of $376,093, Harris real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Harris, accounting for 95.62% of the city's housing units. Other types of housing that are prevalent in Harris include large apartment complexes or high rise apartments ( 1.92%), mobile homes or trailers ( 1.37%), and a few row houses and other attached homes ( 1.10%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harris. Owner-occupied housing accounts for 94.05% of Harris's homes, and 75.34% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Harris 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 Harris built between 2000 and later ( 24.38%). A lesser amount of the housing stock also hails from before 1939 ( 22.19%). There's also some housing in Harris built between 1940-1969 ( 4.66%).
Appreciation rates for homes in Harris have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.64%, which ranks in the top 40% nationwide. This equates to an annual average Harris house appreciation rate of 7.16%.
Over the last year, Harris appreciation rates have trailed the rest of the nation. In the last twelve months, Harris's appreciation rate has been 2.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Harris were at 2.27%, which equates to an annual appreciation rate of 9.37%.
Relative to Minnesota, our data show that Harris's latest annual appreciation rate is lower than 60% of the other cities and towns in Minnesota.
$376,093
for Minnesota
for nation
355
$1,466 / per month