PA · Metro #99

Harrisburg - PA housing market

The Harrisburg metro has a typical home value of $312,126, up 3.5% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$312,126
+3.5% vs. year ago
Median sale price
$277,965
+4.8% YoY
Median list price
$308,267
Sale-to-list ratio
99.6%
Selling below ask
Days on market
7d
Listings w/ price cut
22.9%
New listings / mo
624
+3.7% YoY
Homes for sale
1,206
+12.7% YoY
Typical rent
$1,487/mo
+3.7% YoY
Context

How to read this data

The typical home value ($312,126) is the Zillow Home Value Index for the Harrisburg - PA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.5% over the past year. In Harrisburg - PA, that means a home worth $301,571 last year is now worth roughly $312,126.

The median sale price , what homes actually close for , is $277,965. Homes are selling at 99.6% of list price, meaning buyers have room to negotiate.

Homes listed in Harrisburg - PA sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 624 new listings hit the market each month in Harrisburg - PA. There are currently 1,206 homes for sale, up 12.7% from a year ago.

The typical monthly rent in Harrisburg - PA is $1,487, up 3.7% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in PA

MetroHome value1-yr changeDays on market
Philadelphia - PA$390,463 +2.5% 9.0d
Pittsburgh - PA$231,356 +0.8% 9.0d
Allentown - PA$363,989 +3.0% 8.0d
Scranton - PA$227,793 +1.0% 14.0d
Lancaster - PA$388,207 +4.6% 5.0d
York - PA$309,967 +3.6% 6.0d
Get new posts in your inbox. No spam, unsubscribe anytime.