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

$67,400

  • -4.9% 1-year change
  • 2.0% 1-year forecast

The median home value in Harrisburg is $67,400. Harrisburg home values have declined -4.9% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Harrisburg is $42, which is lower than the Harrisburg Metro average of $105. The median price of homes currently listed in Harrisburg is $64,500 while the median price of homes that sold is $64,860. The median rent price in Harrisburg is $800, which is lower than the Harrisburg Metro median of $990.

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 7.3%, which is higher 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 32.0%.

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Relative ZHVI
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Harrisburg Market Overview

Data through Feb 28, 2015
  • $67,400 ZHVI
  • 2.0% 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)
  • $64,500 Median listing price
  • $64,860 Median sale price (Jan 31, 2015)
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Harrisburg Market Health

Data through Feb 28, 2015
  • 5.3/10 Stable
    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
  • 32.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Camp Hill $184,400
Wormleysburg $156,700
Susquehanna Township $150,400
Name Median ZHVI
Lemoyne $141,100
Progress $140,200
Paxtang $123,400
Name Median ZHVI
Enola $121,200
West Fairview $103,600
Penbrook $91,900

Listings & Sales

Data through Feb 28, 2015
  • $42 Median list price / sq ft
  • $45 Median sale price / sq ft (Jan 31, 2015)
  • 12.1% Listings with price cut
33.7%
Sold below listing
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Harrisburg Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $827 Harrisburg
    $1,256 Harrisburg 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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $800 Rent list price
  • $0.65 Rent list price / sq ft
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