Harrisburg, PA—17113
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 $182,000, with a year-over-year change of 5.4%. This indicates that home prices in Harrisburg, PA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $182,000 | 5.4% |
| Single Family | $182,000 | 5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $168,000 | 7.0% |
3 Bed | $190,000 | 5.0% |
4 Bed | $188,000 | 6.2% |
| 5 Bed | $184,000 | 7.0% |
% of Housing Stock
Rental Trends — Harrisburg, PA
As of July '25, Rentcast reports the average rent in Harrisburg, PA is $1,220, with a year-over-year rent change of 22.5%. Per bedroom, the median rent as of July '25 in Harrisburg, PA is studios: $1,050, 1-bedrooms: $912, 2-bedrooms: $1,170, 3-bedrooms: $1,450, 4-bedrooms: $1,540. The most common rental property sizes in Harrisburg, PA are 3-bedroom and 2-bedroom, accounting for 34.2% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,220 |
| Studio Rent | $1,200 | $1,050 |
| 1 Bed Rent | $900 | $912 |
| 2 Bed Rent | $1,200 | $1,170 |
| 3 Bed Rent | $1,550 | $1,450 |
| 4 Bed Rent | $1,520 | $1,540 |
% 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 17. This is a decrease of -39.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $189,000 | 44.0% |
Listing Count | 42 | -24.0% |
| Listings as % of Homes | 0.6% | -24.0% |
Days on Market | 17 | -39.0% |
Demographics — Harrisburg, PA
As of the latest ACS Survey released in 2023, Harrisburg, PA has a population of 11,800, which has increased by 9.9% over the past 5 years. Harrisburg, PA is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,800 | 9.9% |
% Under 18 | 21.8% | -28.3% |
% Seniors | 13.9% | -7.9% |
% WFH | 10.4% | 235.5% |
% w/ College Degree | 14.8% | -9.8% |
As of the latest ACS Survey released in 2023, Harrisburg, PA is a predominantly white area, with 47.6% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Harrisburg, PA is hispanic, making up 24.0% of the population. Foreign-born residents account for 7.3% of the population in Harrisburg, PA, and this percentage has decreased by 20.7% 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 | 47.6% | 1.9% |
% Black | 23.8% | -27.9% |
% Hispanic | 24.0% | 36.4% |
% Asian | 1.5% | ∞% |
% Foreign Born | 7.3% | -20.7% |
Mortgage and Risk — Harrisburg, PA
According to HUD data as of 2023, there were 208 mortgage originations in Harrisburg, PA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, PA. Investor activity is low, as 7.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 208 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Harrisburg, PA
As of 2024, the percent of homes in Harrisburg, PA under the Section 8 program is 17.5%. 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. In Harrisburg, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 723 |
Total Units Section 8 | 337 |
% Rentals under Section 8 | 17.5% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $900 | $1,110 |
| 2 Bedroom | $170 | $1,200 | $1,370 |
| 3 Bedroom | $210 | $1,550 | $1,760 |
| 4 Bedroom | $300 | $1,520 | $1,820 |
Affordability — Harrisburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $182,000 |
| Median Household Income | $60,600 |