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 269, 122 total housing units (homes and apartments), and a median house value of $365,018, Harpers Ferry real estate is some of the most expensive in West Virginia, although Harpers Ferry home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Harpers Ferry, accounting for 98.81% of the town's housing units. Other types of housing that are prevalent in Harpers Ferry include row houses and other attached homes ( 1.19%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Harpers Ferry. Owner-occupied housing accounts for 95.08% of Harpers Ferry's homes, and 67.26% have either three or four bedrooms, which is average sized relative to America.
The housing in Harpers Ferry was primarily built before 1939 ( 58.93%), making the housing stock in Harpers Ferry some of the oldest overall in America, although there is a range of ages of homes in Harpers Ferry. The next most important housing age is between 1940-1969 ( 27.98%), followed by between 1970-1999 ( 7.14%). There's also some housing in Harpers Ferry built between 2000 and later ( 5.95%).
Vacant housing appears to be an issue in Harpers Ferry. Fully 27.38% of the housing stock is classified as vacant. Left unchecked, vacant Harpers Ferry homes and apartments can be a drag on the real estate market, holding Harpers Ferry real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Harpers Ferry's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.83% during the period.
Over the last year, Harpers Ferry appreciation rates have trailed the rest of the nation. In the last twelve months, Harpers Ferry's appreciation rate has been -1.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Harpers Ferry were at 3.06%, which equates to an annual appreciation rate of 12.80%.
Relative to West Virginia, our data show that Harpers Ferry's latest annual appreciation rate is lower than 90% of the other cities and towns in West Virginia.
$1,677 / per month