Harrison, AR Housing Market
AI-powered market intelligence for the Harrison, AR metro area.
PropertyIQ Scores
Harrison, AR Market Analysis
Market Overview
Harrison, AR has a PropertyIQ Score of 20 out of 100, placing it in a weak market position. The score is driven by cooling home value momentum, slow selling conditions, and a rental market that lags state benchmarks. The median home value is $229,898, slightly above the state average of $225,822, but the reported year-over-year home value change is just $5, suggesting little meaningful dollar appreciation. Meanwhile, the median household income is $53,775, below the state average of $58,773, which points to affordability pressure for local buyers.
Additional benchmarks reinforce the weak picture. The rent index of $704 is well below the state average of $914, indicating softer rental demand or lower achievable rents. The unemployment rate of 4.1% matches the state average, providing some labor market stability, but that stability has not translated into stronger housing momentum. With 348 homes for sale and a median days on market of 75 days, the market is moving slowly relative to healthier conditions. Taken together, these metrics support a weak overall market score and suggest buyers currently have more leverage than sellers.
Key Trends
The first trend is cooling home value momentum. The 12-month home value momentum is 2.45%, but the 3-month momentum is -2.72%, showing a recent downward shift. That negative short-term reading suggests the modest annual gain may be eroding. The reported year-over-year home value change of $5 further underscores how flat price growth has been in dollar terms.
Second, selling conditions are sluggish. A median days on market of 75 days and a 13.3% share of listings with a price cut indicate that homes are taking longer to sell and sellers are adjusting expectations. These are signals of weaker demand or mispriced inventory relative to buyer appetite.
Third, the rental market is weak compared with home values. The rent index of $704 is $210 below the state average of $914, even though the median home value is slightly above the state average. That gap suggests rental income is not keeping pace with home prices, which is a caution for investors.
Fourth, affordability is stretched. The median household income of $53,775 is below the state average of $58,773, while the median home value of $229,898 is above the state average of $225,822. This mismatch may limit the pool of local buyers who can comfortably purchase at current prices.
Who Is This Market For
Given the weak PropertyIQ Score and cooling price signals, Harrison may be most suitable for patient, value-oriented buyers. The 75-day median days on market and 13.3% share of listings with price cuts suggest that buyers may have room to negotiate on price or terms. First-time buyers might find opportunities through negotiation, but affordability remains challenging because median household income is below the state average while median home value is slightly above it.
For rental property investors, the rent index of $704 versus the state average of $914 is a caution. Rental income relative to home prices appears weak, so buy-and-hold investors would likely need to acquire properties at a meaningful discount and accept longer holding periods. Owner-occupants with stable employment may be better positioned, especially since the unemployment rate of 4.1% matches the state average. Move-up buyers, however, may face challenges selling existing homes because days on market are elevated and price cuts are common.
Outlook
The near-term outlook for Harrison is cautious. The 3-month home value momentum of -2.72% and the median days on market of 75 days point to continued softness in the immediate months. The 13.3% share of listings with a price cut indicates that sellers are adjusting expectations, which could keep downward pressure on prices. However, the 12-month home value momentum remains positive at 2.45%, and the unemployment rate of 4.1% matches the state average, providing some underlying stability. Population growth data is listed as N/A, so future demand trends cannot be fully assessed. Absent new demand signals, the data supports a weak near-term market where prices may remain flat or face modest downward pressure until inventory is absorbed or local affordability improves.
AI-generated analysis based on current market data. Last updated September 9, 2026.
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Harrison, AR market data
Harrison, AR Housing Market Overview
Harrison, AR's median home value is $230K, up 2.5% over the past year. Homes here sell in a median 75 days. Its PropertyIQ Score of 20 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
The Harrison, AR metro area is one of 900+ US metropolitan markets that PropertyIQ scores each month. A single PropertyIQ Score blends Zillow price momentum with Realtor.com market-flow signals to estimate 3-year excess appreciation versus the market's state — showing not just where prices stand today, but how the market is positioned relative to its peers.
South Central housing markets are propelled by energy sector economics, corporate relocations, and rapid population growth. Texas metros in particular have seen explosive expansion, though affordability pressures are emerging in the fastest-growing areas. Within the South Central, Harrison, AR's PropertyIQ Score of 20 runs below the South Central norm.
The PropertyIQ Score for the Harrison, AR market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been positive, with home values up 2.5% over the past year.
Explore the interactive map to see how Harrison, AR compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
Counties in the Harrison, AR metro area
ZIP codes in the Harrison, AR metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Harrison, AR a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Harrison, AR currently scores 20, a weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $230K, up 2.5% over the past year. So whether Harrison, AR is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Harrison, AR?
Harrison, AR's PropertyIQ Score is 20, indicating weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 20 places Harrison, AR below its state benchmark.
Are home prices in Harrison, AR rising or falling?
Home prices in Harrison, AR are rising. Over the past year, the median home value increased 2.5%, reaching $230K. Over the latest three months, values slipped 2.7%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Harrison, AR's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Harrison, AR?
In Harrison, AR, homes sell in a median of 75 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 13% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Harrison, AR market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.