Harrisonburg housing market
Typical home value
$350K
▲ 2.6% 1 yr
Typical rent
$1,691/mo
▲ 5.4% 1 yr
12-month forecast
+3.2%
#118 of 546 metros
Gross rent yield
5.8%
#297 of 546 · U.S. 6.3%
Days to pending
29 days
▼ −3 days 1 yr
Listings with a price cut
24%
▲ +1.3 pts 1 yr
Key takeaways
- 1The typical home is worth $350,368, up 2.6% in a year and up 26% over five years.
- 2Zillow forecasts home values rising 3.2% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,691/mo (+5.4% YoY), a 5.8% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,925/mo in principal and interest, $234 more than renting.
- 5Homes go under contract in 29 days (−3 days vs last year); 24% of listings have had a price cut.
Market temperature
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
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Harrisonburg compares
| Measure | Harrisonburg | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.6% | +1.2% | #239 |
| Home value, 5-yr change | +25.6% | +19.7% | |
| 12-month forecast | +3.2% | +1.1% | #118 |
| Rent, 1-yr change | +5.4% | +2.7% | #100 |
| Gross rent yield | 5.8% | 6.3% | #297 |
| Price-to-rent ratio | 17.3 | 15.8 | |
| Mortgage P&I on typical home | $1,925 | $2,012 | |
| Income needed to buy | $91,877 | $100,902 | |
| Days to pending | 29 | 56 |
Cities in the Harrisonburg metro
1 cities with home value and rent data.
| Harrisonburg | $352K | ▲ 2.9% | $1,720 | ▲ 7.6% | 5.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Harrisonburg rental ($350K, $1,691/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Harrisonburg home.
Rent vs buy
Is it cheaper to rent or buy in Harrisonburg?
Other Virginia metros
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$570K home$2,407 rent5.1% yield
▲ 0.2% 1 yr
Virginia Beach, VA
$371K home$1,886 rent6.1% yield
▲ 2.9% 1 yr
Richmond, VA
$392K home$1,706 rent5.2% yield
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Roanoke, VA
$298K home$1,400 rent5.6% yield
▲ 3.2% 1 yr
Lynchburg, VA
$288K home$1,288 rent5.4% yield
▲ 2.9% 1 yr
Charlottesville, VA
$464K home$2,040 rent5.3% yield
▲ 1.3% 1 yr
Blacksburg, VA
$287K home$1,659 rent6.9% yield
▲ 3.3% 1 yr
Winchester, VA
$385K home$1,825 rent5.7% yield
▲ 1.4% 1 yr
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.