Harrisonburg, VA · Market Data

Harrisonburg, Virginia real estate market data.

Real estate market data for Harrisonburg, VA (Harrisonburg city) — Census median home value $278,200, county listing prices up about 3.9% over the past year.

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Harrisonburg, VA is in Harrisonburg city, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 51,492, with a median household income of $59,752. Census data puts Harrisonburg's median home value at $278,200.

At a glance

Harrisonburg market snapshot

Population

51,492

Median Household Income

$59,752

Median Home Value (city)

$278,200

Median Gross Rent

$1,120/mo

Price Trend (YoY)

+3.9%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Harrisonburg

What makes Harrisonburg different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Harrisonburg's median home value — across all owner-occupied homes, not just recent sales — at $278,200.

County Price Trend

Harrisonburg city's FHFA house price index shows a 3.89% annual change in 2025.

Population & Income

Harrisonburg has an estimated population of 51,492 and a median household income of $59,752, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Harrisonburg's Census-reported median home value works out to about 4.7x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Harrisonburg FAQ

What are home values like in Harrisonburg, VA?

The Census Bureau's American Community Survey puts Harrisonburg's median home value at $278,200.

What is the population of Harrisonburg, VA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Harrisonburg's population at approximately 51,492.

What's the median rent in Harrisonburg, VA?

The Census ACS estimates median gross rent in Harrisonburg at approximately $1,120 per month.

What is the median household income in Harrisonburg, VA?

Census ACS data puts the median household income in Harrisonburg at approximately $59,752.

Is the Harrisonburg housing market growing?

Harrisonburg city's FHFA house price index shows a 3.89% annual change in 2025.

Is Harrisonburg, VA affordable relative to income?

Census ACS data puts Harrisonburg's median home value at about 4.7 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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