Harrisburg housing market

Neutral marketHarrisburg, PA metro areaData through Sep 2026
Typical home value
$307K
▲ 2.6% 1 yr
Typical rent
$1,481/mo
▲ 2.8% 1 yr
12-month forecast
+2.7%
#168 of 546 metros
Gross rent yield
5.8%
#296 of 546 · U.S. 6.3%
Days to pending
26 days
▲ +5 days 1 yr
Listings with a price cut
29%
▲ +2.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $306,578, up 2.6% in a year and up 31% over five years.
  • 2Zillow forecasts home values rising 2.7% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,481/mo (+2.8% YoY), a 5.8% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,685/mo in principal and interest, $204 more than renting.
  • 5Homes go under contract in 26 days (+5 days vs last year); 29% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 50/100, #135 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $307K
$187K$224K$261K$298K2016201920222025
Typical monthly rent
Latest $1,481
$937$1,106$1,274$1,4432016201920222025

How fast homes are selling

Days to go under contract
Latest 26
1531466220182020202220242026
Share of listings with a price cut
Latest 29.2%
11.3%16.8%22.4%28.0%20182020202220242026
Homes for sale vs new listings
Latest 1,385
For saleNew listings
4611,0641,6672,27020182020202220242026
Share of homes sold above list price
Latest 39.6%
19.5%33.1%46.7%60.3%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $87K
To buy (20% down)To rent
$40K$54K$69K$84K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Harrisburg compares

MeasureHarrisburgUnited StatesRank of 546
Home value, 1-yr change+2.6%+1.2%#238
Home value, 5-yr change+31.2%+19.7%
12-month forecast+2.7%+1.1%#168
Rent, 1-yr change+2.8%+2.7%#331
Gross rent yield5.8%6.3%#296
Price-to-rent ratio17.315.8
Mortgage P&I on typical home$1,685$2,012
Income needed to buy$87,450$100,902
Days to pending2656

Cities in the Harrisburg metro

5 cities with home value and rent data.

Harrisburg$264K▲ 2.4%$1,388▲ 2.4%6.3%
Mechanicsburg$398K▲ 0.8%$1,944▲ 2.7%5.9%
Carlisle$326K▲ 3.1%$1,391▲ 2.5%5.1%
Camp Hill$327K▲ 3.1%$1,521▲ 3.8%5.6%
Enola$294K▲ 1.7%$1,739▲ 4.2%7.1%

Run the numbers

Renting out a property in Pennsylvania? See deposit limits, late fee rules and notice periods.

Other Pennsylvania metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.