PA · Metro #99

Harrisburg - PA housing market

The Harrisburg metro has a typical home value of $314,931, up 3.3% from a year ago. Homes are moving fast at 7 days on market, a strong seller's market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$314,931
+3.3% vs. year ago
Median sale price
$278,716
+6.1% YoY
Median list price
$313,267
Sale-to-list ratio
100.2%
Selling above ask
Days on market
7d
Listings w/ price cut
23.9%
New listings / mo
643
+4.0% YoY
Homes for sale
1,271
+11.9% YoY
Typical rent
$1,473/mo
+3.4% YoY
Context

How to read this data

The typical home value ($314,931) 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 3.3% over the past year. In Harrisburg - PA, that means a home worth $304,870 last year is now worth roughly $314,931.

The median sale price , what homes actually close for , is $278,716. Homes are selling at 100.2% of list price, meaning buyers are typically paying at or above asking.

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 23.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 643 new listings hit the market each month in Harrisburg - PA. There are currently 1,271 homes for sale, up 11.9% from a year ago.

The typical monthly rent in Harrisburg - PA is $1,473, up 3.4% year over year. For investors, the price-to-rent ratio here is roughly 18x 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$394,762 +2.5% 10.0d
Pittsburgh - PA$235,539 +0.6% 9.0d
Allentown - PA$370,184 +3.2% 8.0d
Scranton - PA$236,367 +1.4% 13.0d
Lancaster - PA$392,781 +4.7% 5.0d
York - PA$313,193 +3.3% 6.0d
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