Harrisburg, OR—97446
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harrisburg, OR
As of Oct '25, the median home price in Harrisburg, OR is $406,000, with a year-over-year change of 0.4%. This indicates that home prices in Harrisburg, OR are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | 0.4% |
| Single Family | $407,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $313,000 | -1.3% |
3 Bed | $396,000 | 0.3% |
4 Bed | $481,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harrisburg, OR
As of July '25, Rentcast reports the average rent in Harrisburg, OR is $1,530, with a year-over-year rent change of -17.7%. Per bedroom, the median rent as of July '25 in Harrisburg, OR is 1-bedrooms: $997, 2-bedrooms: $1,400, 3-bedrooms: $2,120. The most common rental property sizes in Harrisburg, OR are 3-bedroom and 2-bedroom, accounting for 55.1% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $799 | $997 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $1,950 | $2,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Harrisburg, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Harrisburg, OR is 57. This is a increase of 3.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $464,000 | 9.0% |
Listing Count | 12 | -24.0% |
| Listings as % of Homes | 0.3% | -24.0% |
Days on Market | 57 | 3.0% |
Demographics — Harrisburg, OR
As of the latest ACS Survey released in 2023, Harrisburg, OR has a population of 5,000, which has decreased by -13.3% over the past 5 years. Harrisburg, OR is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,000 | -13.3% |
% Under 18 | 28.4% | -4.7% |
% Seniors | 10.3% | -23.1% |
% WFH | 4.7% | 38.2% |
% w/ College Degree | 16.2% | -4.7% |
As of the latest ACS Survey released in 2023, Harrisburg, OR is a predominantly white area, with 85.6% of the population identifying as white. The white population has grown by 5.5% in the last 5 years. The second most common race or ethnicity in Harrisburg, OR is hispanic, making up 5.5% of the population. Foreign-born residents account for 1.8% of the population in Harrisburg, OR, and this percentage has decreased by 72.7% 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 | 85.6% | 5.5% |
% Black | 0.2% | ∞% |
% Hispanic | 5.5% | -50.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.8% | -72.7% |
Mortgage and Risk — Harrisburg, OR
According to HUD data as of 2023, there were 110 mortgage originations in Harrisburg, OR, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, OR. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 110 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Harrisburg, OR
Harrisburg, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $391 | $799 | $1,190 |
| 2 Bedroom | $40 | $1,400 | $1,440 |
| 3 Bedroom | -$20 | $1,950 | $1,930 |
| 4 Bedroom | N/A | N/A | $2,260 |
Affordability — Harrisburg, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $406,000 |
| Median Household Income | $72,100 |