Harrisburg, PA—17103
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 $138,000, with a year-over-year change of 18.1%. This indicates that home prices in Harrisburg, PA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $138,000 | 18.1% |
| Single Family | $139,000 | 18.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $145,000 | 2.1% |
3 Bed | $143,000 | 12.6% |
4 Bed | $149,000 | 19.2% |
| 5 Bed | $127,000 | 32.3% |
% of Housing Stock
Rental Trends — Harrisburg, PA
As of July '25, Rentcast reports the average rent in Harrisburg, PA is $1,260, with a year-over-year rent change of 18.9%. Per bedroom, the median rent as of July '25 in Harrisburg, PA is 1-bedrooms: $827, 2-bedrooms: $1,200, 3-bedrooms: $1,430, 4-bedrooms: $2,060. The most common rental property sizes in Harrisburg, PA are 2-bedroom and 1-bedroom, accounting for 29.9% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $827 |
| 2 Bed Rent | $1,150 | $1,200 |
| 3 Bed Rent | $1,400 | $1,430 |
| 4 Bed Rent | $2,300 | $2,060 |
% 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 30. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $172,000 | 9.0% |
Listing Count | 46 | -13.0% |
| Listings as % of Homes | 0.8% | -13.0% |
Days on Market | 30 | -15.0% |
Demographics — Harrisburg, PA
As of the latest ACS Survey released in 2023, Harrisburg, PA has a population of 12,800, which has increased by 5.7% over the past 5 years. Harrisburg, PA is a popular place for families, as children make up 34.5% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,800 | 5.7% |
% Under 18 | 34.5% | 18.2% |
% Seniors | 8.9% | -11.0% |
% WFH | 11.1% | 208.3% |
% w/ College Degree | 18.4% | 19.5% |
As of the latest ACS Survey released in 2023, Harrisburg, PA is a predominantly black area, with 52.7% of the population identifying as black. The black population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Harrisburg, PA is hispanic, making up 31.0% of the population. Foreign-born residents account for 9.0% of the population in Harrisburg, PA, and this percentage has decreased by 15.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 17.8% | 4.1% |
% Black | 52.7% | -10.7% |
% Hispanic | 31.0% | 34.2% |
% Asian | 0.7% | -73.1% |
% Foreign Born | 9.0% | -15.1% |
Mortgage and Risk — Harrisburg, PA
According to HUD data as of 2023, there were 130 mortgage originations in Harrisburg, PA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, PA. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 130 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Harrisburg, PA
As of 2024, the percent of homes in Harrisburg, PA under the Section 8 program is 12.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 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 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 768 |
Total Units Section 8 | 397 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $800 | $1,000 |
| 2 Bedroom | $80 | $1,150 | $1,230 |
| 3 Bedroom | $180 | $1,400 | $1,580 |
| 4 Bedroom | -$670 | $2,300 | $1,630 |
Affordability — Harrisburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $138,000 |
| Median Household Income | $41,400 |