Harvest, Alabama Real Estate & Housing Market

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Harvest Housing Information

Index	Harvest	Alabama	National
Median home price	$148,300	$128,500	$184,700
Median rent asked	$1,129	$728	$949
Avg. people per household	3.4	2.5	2.6
Owner occupied households	79.2%	68.5%	63.6%
Renter occupied households	20.8%	31.5%	36.4%

Above, you will see a summary of real estate in Harvest, AL. On average, homes in Harvest, AL cost $148,300, a value that is 15% higher than the average in Alabama. In general terms, this results in Harvest, AL real estate being less affordable than Alabama real estate. On average, people who rent houses in Harvest, AL pay $1,129; this value is 55% higher than the average amount renters pay in Alabama. 79.2% of Harvest, AL residents own their own homes and, on average, each of the homes has 3.4 occupants. Harvest, AL real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Harvest, AL is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Harvest Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Harvest, AL. To estimate home affordability, one method is to use the ratio of home price to median household income. The Harvest, AL’s median home price stands at $148,300 while $63,969 is the value of the average household income. The resulting home price to income ratio, which is 2.3x, differs from the Alabama average as the ratio is 19% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Harvest, AL are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Harvest, AL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Redstone Arsenal, AL	1,584	$0	100%
Ardmore, AL	1,526	$98,800	47%
Park City, TN	2,565	$99,200	46%
Ardmore, TN	1,269	$114,100	38%
Elkmont, AL	496	$123,300	33%
Harvest, AL	5,080	$148,300	20%

Cities with similar population

City, State	Population	Home Price	National Avg.
Bondurant, IA	5,079	$170,700	8%
Yosemite Lakes, CA	5,081	$231,000	25%
Angier, NC	5,079	$151,800	18%
Kaser, NY	5,082	$568,200	208%
Manchester, IA	5,083	$102,700	44%
Harvest, AL	5,080	$148,300	20%

Source: The Harvest, AL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).