Harrisonburg, VA housing market
Typical home value
$352K
▲ 2.9% 1 yr
Typical rent
$1,720/mo
▲ 7.6% 1 yr
Gross rent yield
5.9%
U.S. 6.3%
5-year home value change
+21%
U.S. +20%
Key takeaways
- 1The typical home in Harrisonburg is worth $351,999, up 2.9% over the past year and up 21% over five years.
- 2Typical rent is $1,720 a month (+7.6% YoY), a gross rent yield of 5.9% (above the Harrisonburg, VA metro's 5.8%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,934/mo, $214 more than typical rent.
- 4Zillow forecasts the Harrisonburg, VA metro's home values to change +3.2% over the next 12 months.
Market temperature (Harrisonburg, VA metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 60/100, #38 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Harrisonburg compares
| Measure | Harrisonburg | Harrisonburg, VA metro | United States |
|---|---|---|---|
| Typical home value | $351,999 | $350,368 | $366,157 |
| Home value, 1-yr change | +2.9% | +2.6% | +1.2% |
| Typical rent | $1,720 | $1,691 | $1,932 |
| Rent, 1-yr change | +7.6% | +5.4% | +2.7% |
| Gross rent yield | 5.9% | 5.8% | 6.3% |
| Price-to-rent ratio | 17.1 | 17.3 | 15.8 |
| Mortgage P&I, typical home | $1,934 | $1,925 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Harrisonburg rental, pre-filled.
Rent vs buy in Harrisonburg
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $352K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.