Harrisonburg, VA metro area Housing Market
Warm MarketComprehensive housing market data for the Harrisonburg, VA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$322K
↓ 5.3% YoY
Days on Market
45 days
↑ 50.0% YoY
Active Inventory
200
↓ 4.8% YoY
Homes Sold
88
↑ 3.5% YoY
Warm Market
The market is active with moderate buyer demand.
Harrisonburg, VA metro area Market Summary
The Harrisonburg, VA metro area housing market is heating up. As of January 2026, the median home sale price is $322K, down 5.3% year-over-year. Homes are spending a median of 45 days on the market, 50.0% longer than a year ago.
There are 200 homes for sale — 4.8% fewer than last year. With 2.3 months of supply, this is a seller's market. 106 new listings were added during this period, down 7.8% year-over-year.
Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 20.4% of homes sell above their asking price. 17.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
57
Contributing Factors
How This Market Compares
vs. National Median
vs. Virginia Median
Investor Takeaway
Prices are 24% below the national median, which could indicate stronger cash flow potential.
Harrisonburg, VA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$380K
Price per Sq Ft
$197
Sale-to-List Ratio
98.6%
Months of Supply
2.3
Sold Above List
20.4%
Price Drops
17.5%
New Listings
106
↓ 7.8% YoY
Pending Sales
100
Off Market in 2 Weeks
38.0%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.