Sep 2026
$356K
+3.0% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Harrisonburg, VA housing market
Harrisonburg, VA metro median sale price $356K in Sep 2026, up 3.0% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Harrisonburg, VA metro is $356K as of Sep 2026, up 3.0% from a year earlier. That change sits near the middle of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 1.4 points (up 4.5% through Q2 2026).
On median sale price, Harrisonburg ($356K) ranks 6th of the nine Virginia metros Pecan Street tracks, between Staunton ($360K) and Lynchburg ($323K). On median days on market, Harrisonburg (53 days) ranks 5th of the nine Virginia metros, between Lynchburg (58 days) and Staunton (45 days). On share of listings with a price cut, Harrisonburg (42%) ranks 4th of the nine Virginia metros, between Winchester (44%) and Richmond (41%).
Listings spent a median 53 days on market in Sep 2026, fewer than in most of the 385 metros. 42% of active listings carry a price cut, 1.0 points more than a year earlier. That share is higher than in most of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,952 a month; at 28% of gross income, that takes about $84K a year. The median sale price equals about 17 years of HUD Fair Market Rent, a ratio up 7.4% from a year earlier. That ratio is higher than in most of the 373 metros. Active listings ask a median $209 per square foot, up 1.1% from a year earlier.
Median list prices are higher than a year earlier in all three ZIP codes in the table below.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,952/mo
$84K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Harrisonburg compares to other U.S. metros
| Price-to-rent | ↑98th of 373 (top 27%) |
|---|---|
| Price cuts | ↑111th of 385 (top 29%) |
| Days on market | ↓242nd of 385 |
| Home-price growth | 166th of 383 (top 44%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 17 +7.4% YoY ↑98th of 373 (top 27%) |
|---|---|
| Asking price / sq ft | $209 +1.1% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 42% +1.0 pts YoY ↑111th of 385 (top 29%) |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 3 shown of 18 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 1.4ppRedfin (metro) +3.0% | FHFA HPI · Q2 2026 +4.5% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in VA
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 22801 | $435K↑ | 81↑ | 50↓ | 22↑ | 44↑ | $372K↑ |
| 22802 | $349K↑ | 29↑ | 16↑ | 16↑ | 44↑ | $320K↑ |
| 22840 | $490K↑ | 27↓ | 16↑ | 8↓ | 62↓ | $436K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.