Harrisburg, PA—17112
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 $348,000, with a year-over-year change of 3.3%. This indicates that home prices in Harrisburg, PA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $348,000 | 3.3% |
| Single Family | $350,000 | 3.2% |
| Condos | $305,000 | 1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $254,000 | 3.7% |
3 Bed | $315,000 | 2.9% |
4 Bed | $472,000 | 4.4% |
| 5 Bed | $583,000 | 2.8% |
% of Housing Stock
Rental Trends — Harrisburg, PA
As of July '25, Rentcast reports the average rent in Harrisburg, PA is $1,880, with a year-over-year rent change of 1.6%. Per bedroom, the median rent as of July '25 in Harrisburg, PA is 1-bedrooms: $1,250, 2-bedrooms: $1,480, 3-bedrooms: $2,060. The most common rental property sizes in Harrisburg, PA are 2-bedroom and 3-bedroom, accounting for 53.4% and 21.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,250 |
| 2 Bed Rent | $1,250 | $1,480 |
| 3 Bed Rent | $2,000 | $2,060 |
| 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 49. This is a decrease of -23.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $405,000 | 13.0% |
Listing Count | 156 | 6.0% |
| Listings as % of Homes | 0.5% | 6.0% |
Days on Market | 49 | -23.0% |
Demographics — Harrisburg, PA
As of the latest ACS Survey released in 2023, Harrisburg, PA has a population of 39,000, which has increased by 9.2% over the past 5 years. Harrisburg, PA is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 43.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,000 | 9.2% |
% Under 18 | 20.8% | -3.3% |
% Seniors | 22.1% | 17.6% |
% WFH | 17.6% | 259.2% |
% w/ College Degree | 43.6% | 12.1% |
As of the latest ACS Survey released in 2023, Harrisburg, PA is a predominantly white area, with 78.5% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Harrisburg, PA is black, making up 7.7% of the population. Foreign-born residents account for 9.4% of the population in Harrisburg, PA, and this percentage has increased by 54.1% 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 | 78.5% | -6.2% |
% Black | 7.7% | 1.3% |
% Hispanic | 4.3% | 34.4% |
% Asian | 6.8% | 106.1% |
% Foreign Born | 9.4% | 54.1% |
Mortgage and Risk — Harrisburg, PA
According to HUD data as of 2023, there were 1027 mortgage originations in Harrisburg, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium 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 | 1,027 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
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 | 28 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,200 | $1,300 |
| 2 Bedroom | $350 | $1,250 | $1,600 |
| 3 Bedroom | $60 | $2,000 | $2,060 |
| 4 Bedroom | N/A | N/A | $2,120 |
Affordability — Harrisburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $348,000 |
| Median Household Income | $102,000 |