Harrisburg, PA—17109
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 $256,000, with a year-over-year change of 4.2%. This indicates that home prices in Harrisburg, PA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | 4.2% |
| Single Family | $256,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | 5.4% |
3 Bed | $256,000 | 4.1% |
4 Bed | $290,000 | 3.2% |
| 5 Bed | $333,000 | 4.4% |
% of Housing Stock
Rental Trends — Harrisburg, PA
As of July '25, Rentcast reports the average rent in Harrisburg, PA is $1,440, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Harrisburg, PA is 1-bedrooms: $1,160, 2-bedrooms: $1,400, 3-bedrooms: $1,920. The most common rental property sizes in Harrisburg, PA are 2-bedroom and 1-bedroom, accounting for 55.4% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,270 | $1,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,140 | $1,160 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $1,980 | $1,920 |
| 4 Bed Rent | N/A | N/A |
% 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 29. This is a decrease of -10.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $294,000 | 4.0% |
Listing Count | 53 | 16.0% |
| Listings as % of Homes | 0.2% | 16.0% |
Days on Market | 29 | -10.0% |
Demographics — Harrisburg, PA
As of the latest ACS Survey released in 2023, Harrisburg, PA has a population of 27,400, which has increased by 16.5% over the past 5 years. Harrisburg, PA is a popular place for families, as children make up 27.3% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,400 | 16.5% |
% Under 18 | 27.3% | 32.5% |
% Seniors | 17.5% | -1.1% |
% WFH | 12.7% | 408.0% |
% w/ College Degree | 29.3% | 4.6% |
As of the latest ACS Survey released in 2023, Harrisburg, PA is a predominantly white area, with 47.1% of the population identifying as white. The white population has shrunk by 17.2% in the last 5 years. The second most common race or ethnicity in Harrisburg, PA is black, making up 24.6% of the population. Foreign-born residents account for 16.7% of the population in Harrisburg, PA, and this percentage has increased by 63.7% 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 | 47.1% | -17.2% |
% Black | 24.6% | -1.2% |
% Hispanic | 12.6% | 51.8% |
% Asian | 11.2% | 62.3% |
% Foreign Born | 16.7% | 63.7% |
Mortgage and Risk — Harrisburg, PA
According to HUD data as of 2023, there were 229 mortgage originations in Harrisburg, PA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, PA. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 229 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Harrisburg, PA
Harrisburg, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 121 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,140 | $1,150 |
| 2 Bedroom | $20 | $1,400 | $1,420 |
| 3 Bedroom | -$150 | $1,980 | $1,830 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Harrisburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $256,000 |
| Median Household Income | $70,600 |