Home Values

Harrisburg Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$219,800

  • 1.3% 1-year change
  • 1.2% 1-year forecast

The median home value in Harrisburg is $219,800. Harrisburg home values have gone up 1.3% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Harrisburg is $107, which is higher than the Charlotte Metro average of $101. The median price of homes currently listed in Harrisburg is $298,490 while the median price of homes that sold is $238,950. The median rent price in Harrisburg is $1,495, which is higher than the Charlotte Metro median of $1,175.

Foreclosures will be a factor impacting home values in the next several years. In Harrisburg 2.7 homes are foreclosed (per 10,000). This is lower than the Charlotte Metro value of 5.4 and also lower than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Harrisburg is 4.8%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Harrisburg homeowners underwater on their mortgage is 14.9%, which is lower than Charlotte Metro at 16.3%.

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Relative ZHVI
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Harrisburg Market Overview

Data through Feb 28, 2015
  • $219,800 ZHVI
  • 1.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $298,490 Median listing price
  • $238,950 Median sale price (Jan 31, 2015)
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Harrisburg Market Health

Data through Feb 28, 2015
  • 4.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 14.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.7 homes Harrisburg
5.4 homes Charlotte Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Fairview $214,200
Matthews $208,600
Mint Hill $201,700
Name Median ZHVI
Stallings $179,800
Midland $140,300
Concord $138,900
Name Median ZHVI
Locust $135,200
Hemby Bridge $129,900
Kannapolis $95,100

Listings & Sales

Data through Feb 28, 2015
  • $107 Median list price / sq ft
  • $104 Median sale price / sq ft (Dec 31, 2014)
  • 10.2% Listings with price cut
30.0%
Sold below listing
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Harrisburg Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,514 Harrisburg
    $1,242 Charlotte Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,495 Rent list price
  • $0.67 Rent list price / sq ft
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