Harrison, AR—72601
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harrison, AR
As of Oct '25, the median home price in Harrison, AR is $221,000, with a year-over-year change of 0.3%. This indicates that home prices in Harrison, AR are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 0.3% |
| Single Family | $222,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $216,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harrison, AR
As of July '25, Rentcast reports the average rent in Harrison, AR is $943, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Harrison, AR is 1-bedrooms: $667, 2-bedrooms: $986, 3-bedrooms: $1,350, 4-bedrooms: $785. The most common rental property sizes in Harrison, AR are 2-bedroom and 3-bedroom, accounting for 39.4% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $943 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $650 | $667 |
| 2 Bed Rent | $775 | $986 |
| 3 Bed Rent | $1,300 | $1,350 |
| 4 Bed Rent | $785 | $785 |
% of Rental Stock
Property Listings — Harrison, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Harrison, AR is 70. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -2.0% |
Listing Count | 176 | 0.0% |
| Listings as % of Homes | 0.9% | 0.0% |
Days on Market | 70 | 11.0% |
Demographics — Harrison, AR
As of the latest ACS Survey released in 2023, Harrison, AR has a population of 30,200, which has remained stable by -0.9% over the past 5 years. Harrison, AR is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,200 | -0.9% |
% Under 18 | 21.4% | -10.5% |
% Seniors | 20.7% | 10.7% |
% WFH | 11.0% | 161.9% |
% w/ College Degree | 17.8% | 1.7% |
As of the latest ACS Survey released in 2023, Harrison, AR is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Harrison, AR is hispanic, making up 3.3% of the population. Foreign-born residents account for 1.5% of the population in Harrison, AR, and this percentage has increased by 66.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.0% | -1.2% |
% Black | 0.2% | -60.0% |
% Hispanic | 3.3% | 43.5% |
% Asian | 0.3% | -50.0% |
% Foreign Born | 1.5% | 66.7% |
Mortgage and Risk — Harrison, AR
According to HUD data as of 2023, there were 701 mortgage originations in Harrison, AR, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Harrison, AR. Investor activity is low, as 10.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 701 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Harrison, AR
Harrison, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 751 |
Total Units Section 8 | 728 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $650 | $660 |
| 2 Bedroom | $75 | $775 | $850 |
| 3 Bedroom | -$110 | $1,300 | $1,190 |
| 4 Bedroom | $535 | $785 | $1,320 |
Affordability — Harrison, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $221,000 |
| Median Household Income | $54,100 |