Harrisburg, PA—17111
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 $286,000, with a year-over-year change of 4.0%. This indicates that home prices in Harrisburg, PA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $286,000 | 4.0% |
| Single Family | $288,000 | 3.6% |
| Condos | $237,000 | 2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 4.6% |
3 Bed | $276,000 | 4.2% |
4 Bed | $410,000 | 4.1% |
| 5 Bed | $494,000 | 3.1% |
% of Housing Stock
Rental Trends — Harrisburg, PA
As of July '25, Rentcast reports the average rent in Harrisburg, PA is $1,500, with a year-over-year rent change of -6.2%. Per bedroom, the median rent as of July '25 in Harrisburg, PA is studios: $450, 1-bedrooms: $1,180, 2-bedrooms: $1,510, 3-bedrooms: $1,800, 4-bedrooms: $1,900. The most common rental property sizes in Harrisburg, PA are 2-bedroom and 1-bedroom, accounting for 44.6% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,500 |
| Studio Rent | $450 | $450 |
| 1 Bed Rent | $1,120 | $1,180 |
| 2 Bed Rent | $1,580 | $1,510 |
| 3 Bed Rent | $1,700 | $1,800 |
| 4 Bed Rent | $1,900 | $1,900 |
% 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 33. 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $327,000 | 13.0% |
Listing Count | 93 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 33 | 2.0% |
Demographics — Harrisburg, PA
As of the latest ACS Survey released in 2023, Harrisburg, PA has a population of 35,800, which has increased by 9.9% over the past 5 years. Harrisburg, PA is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 33.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,800 | 9.9% |
% Under 18 | 19.2% | -2.5% |
% Seniors | 18.0% | 11.8% |
% WFH | 17.1% | 375.0% |
% w/ College Degree | 33.3% | 2.1% |
As of the latest ACS Survey released in 2023, Harrisburg, PA is a predominantly white area, with 53.2% of the population identifying as white. The white population has shrunk by 13.2% in the last 5 years. The second most common race or ethnicity in Harrisburg, PA is black, making up 22.5% of the population. Foreign-born residents account for 13.6% of the population in Harrisburg, PA, and this percentage has increased by 29.5% 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 | 53.2% | -13.2% |
% Black | 22.5% | 5.1% |
% Hispanic | 8.4% | 1.2% |
% Asian | 12.8% | 68.4% |
% Foreign Born | 13.6% | 29.5% |
Mortgage and Risk — Harrisburg, PA
According to HUD data as of 2023, there were 673 mortgage originations in Harrisburg, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Harrisburg, PA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 673 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Harrisburg, PA
As of 2024, the percent of homes in Harrisburg, PA under the Section 8 program is 5.5%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Harrisburg, PA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 365 |
Total Units Section 8 | 265 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 77.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $1,120 | $1,230 |
| 2 Bedroom | -$70 | $1,580 | $1,510 |
| 3 Bedroom | $240 | $1,700 | $1,940 |
| 4 Bedroom | $100 | $1,900 | $2,000 |
Affordability — Harrisburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $286,000 |
| Median Household Income | $84,300 |