Harrisburg, PA—17102
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harrisburg, PA
As of Oct '25, the median home price in Harrisburg, PA is $200,000, with a year-over-year change of 4.4%. This indicates that home prices in Harrisburg, PA are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | 4.4% |
| Single Family | $200,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $178,000 | 1.1% |
2 Bed | $199,000 | 1.5% |
3 Bed | $205,000 | 4.1% |
4 Bed | $218,000 | 4.8% |
| 5 Bed | $193,000 | 9.7% |
% of Housing Stock
Rental Trends — Harrisburg, PA
As of July '25, Rentcast reports the average rent in Harrisburg, PA is $1,210, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Harrisburg, PA is studios: $921, 1-bedrooms: $1,100, 2-bedrooms: $1,410, 3-bedrooms: $1,640, 4-bedrooms: $1,880. The most common rental property sizes in Harrisburg, PA are 1-bedroom and 2-bedroom, accounting for 47.2% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,210 |
| Studio Rent | $917 | $921 |
| 1 Bed Rent | $1,140 | $1,100 |
| 2 Bed Rent | $1,400 | $1,410 |
| 3 Bed Rent | $1,500 | $1,640 |
| 4 Bed Rent | $1,780 | $1,880 |
% of Rental Stock
Property Listings — Harrisburg, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Harrisburg, PA is 46. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $217,000 | -2.0% |
Listing Count | 34 | -19.0% |
| Listings as % of Homes | 0.4% | -19.0% |
Days on Market | 46 | 2.0% |
Demographics — Harrisburg, PA
As of the latest ACS Survey released in 2023, Harrisburg, PA has a population of 8,180, which has increased by 9.1% over the past 5 years. Harrisburg, PA is a less popular place for families, as children make up 13.4% of the population. The area has a highly educated workforce, with 49.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,180 | 9.1% |
% Under 18 | 13.4% | -1.5% |
% Seniors | 12.3% | -8.2% |
% WFH | 22.1% | 466.7% |
% w/ College Degree | 49.5% | 33.8% |
As of the latest ACS Survey released in 2023, Harrisburg, PA is a predominantly white area, with 54.4% of the population identifying as white. The white population has grown by 13.1% in the last 5 years. The second most common race or ethnicity in Harrisburg, PA is black, making up 26.2% of the population. Foreign-born residents account for 7.3% of the population in Harrisburg, PA, and this percentage has increased by 15.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.4% | 13.1% |
% Black | 26.2% | -29.0% |
% Hispanic | 13.7% | 52.2% |
% Asian | 2.4% | -35.1% |
% Foreign Born | 7.3% | 15.9% |
Mortgage and Risk — Harrisburg, PA
According to HUD data as of 2023, there were 94 mortgage originations in Harrisburg, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, PA. Investor activity is low, as 6.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Harrisburg, PA
As of 2024, the percent of homes in Harrisburg, PA under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Harrisburg, PA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 622 |
Total Units Section 8 | 434 |
% Rentals under Section 8 | 15.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,140 | $1,020 |
| 2 Bedroom | -$140 | $1,400 | $1,260 |
| 3 Bedroom | $120 | $1,500 | $1,620 |
| 4 Bedroom | -$110 | $1,780 | $1,670 |
Affordability — Harrisburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $200,000 |
| Median Household Income | $55,400 |