Harrison, New York Housing Market Prices
Harrison Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 252% above the New York median$1,660,649
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Median rent 61% above the New York median$2,617
Housing Market Overview
| Metric | Harrison | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,660,649 | $471,885 | $248,835 |
| Price Trend (Annual %) | 21.9% | 7.1% | 7.5% |
| Median Gross Rent | $2,617 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Harrison is about 252% higher than in New York. Rent is about 61% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Harrison, up about 21.9% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Harrison rose about 40.8% between 2015 and 2024, from $1,859 to $2,617. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 9.4 yearly household incomes in Harrison.
Buying the median-priced home in Harrison costs roughly 52.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Harrison. The price-to-rent ratio in New York is about 24.3.
| Metric | Harrison | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $1,660,649 | $471,885 | $248,835 |
| Median Household Income | $177,002 | $86,556 | $80,455 |
| Price-to-Income Ratio | 9.4 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Harrison rose about 466.1%, while median household income rose about 50.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Harrison | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.6% | 48.8% | 58.5% |
| Rental Rate | 37.4% | 41.1% | 31.2% |
| Vacancy Rate | 5.0% | 10.1% | 10.2% |
| Median Tenure (years) | 14.0 | 17.0 | 15.0 |
| Median Year Moved In | 2012 | 2009 | 2011 |
Harrison has a homeownership rate of 57.6%, higher than the New York average of 48.8%. Its housing vacancy rate is 5.0%, compared with 10.1% in New York.
Housing Stock
| Metric | Harrison | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.87 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1964 | 1960 | 1978 |
| Median Number of Rooms | 6.3 | 5.0 | 5.5 |
The typical housing unit in Harrison was built around 1964. On average, 2.9 people live in a home with about 6.3 rooms, staying for about 14.0 years on average.
Harrison, NY Housing Compared With Nearby Cities
How Harrison, NY compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Harrison, NY | 29,883 | $1,660,649 #1/2 | $2,617 #1/2 | 60.6% #1/2 |
| White Plains, NY | 60,573 | $816,236 | $2,269 | 50.9% |
Frequently Asked Questions
Common questions about the housing market in Harrison, New York.
What is the median home price in Harrison, New York?
The median home price in Harrison, New York is $1,660,649, higher than the New York average of $471,885.
What is the average home price in Harrison, New York?
The typical home price in Harrison, New York, reported as the median sale price, is $1,660,649. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Harrison, New York?
The median gross rent in Harrison, New York is $2,617 per month, higher than the New York average of $1,621.
What was the median gross rent in Harrison in 2020?
In 2020, the median gross rent in Harrison, New York was $2,283 per month.
What is the price-to-rent ratio in Harrison, New York?
The price-to-rent ratio in Harrison, New York is about 52.9, meaning it would take roughly 52.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Harrison.
Are home prices or rent rising faster in Harrison, New York?
Both home prices and rent are rising in Harrison, up about 21.9% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Harrison, New York?
57.6% of households in Harrison, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Harrison, New York?
The housing vacancy rate in Harrison, New York is 5.0%, lower than the New York average of 10.1%.
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