Harrisonburg Metro Area, VA Housing

Housing in Harrisonburg, VA Metro Area is quite affordable, with the median value sitting at $300,100 compared to the US median value of $338,100. Over the past year, this area has seen an impressive 12.91% appreciation rate in housing values compared to a 8.27% appreciation rate nationally. This makes it an attractive place for homeowners and investors alike, as they can expect to both purchase and sell their homes for higher prices than they could elsewhere in the US.

The median home cost in Harrisonburg Metro Area is $300,100. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Harrisonburg Metro Area is up 14.3%.

Average Age of Homes

- The median age of Harrisonburg Metro Area real estate is 35 years old

The Rental Market in Harrisonburg Metro Area

- Renters make up 33.1% of the Harrisonburg Metro Area population
- 1.2% of houses and apartments in Harrisonburg Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Harrisonburg, Virginia	United States
	53,957.0	139,647,020.0
	36	42
	$300,100	$338,100
	14.3%	16.6%
	46.5%	57.0%
	60.7%	101.1%
	$6.36	$10.98
	$1,414	$2,690
	56.4%	57.4%
	10.5%	11.2%
	33.1%	31.4%
Vacant Housing
	1.2%	1.9%
	1.3%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	4.7%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	1.3%	2.4%
	0.6%	2.8%
	1.5%	3.9%
	2.2%	4.5%
	10.5%	11.3%
	20.7%	13.0%
	28.3%	20.1%
	16.7%	13.6%
	7.8%	8.3%
	3.7%	9.7%
	1.6%	3.9%
	0.5%	2.2%
	0.4%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	17.4%	13.6%
	17.4%	13.6%
	15.7%	13.6%
	15.5%	13.2%
	15.9%	14.8%
	15.7%	13.6%
	6.0%	10.0%
	3.5%	4.7%
	10.6%	12.2%

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