Market Overview
Home Prices in Harrisonburg, VA
The median home value in Harrisonburg, VA is $356,744 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Harrisonburg are priced13% below average. Harrisonburg is part of the Harrisonburg, VA metro area.
Over the past five years, Harrisonburg home values have risen by approximately21.3%, reflecting strong long-term appreciation in this market.
Price History
Harrisonburg Home Price Trend
City Comparison
Harrisonburg vs. National Median
At $356,744, homes in Harrisonburg cost 13% below the national median of $410,000. This makes Harrisonburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Harrisonburg?
20% Down Payment
$71,349
on $356,744
Monthly P&I
$1,861/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,363/mo
incl. taxes & insurance
Income Needed
$94,520
gross annual (30% rule)
10% Down Option
$35,674
+ PMI applies
Loan Amount (20% dn)
$285,395
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Harrisonburg, VA?
The median home value in Harrisonburg is $356,744 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Harrisonburg?
Over the past year, home values in Harrisonburg have increased by 4.2%. Over five years, prices have risen approximately 21.3%.
How much do I need to earn to buy a home in Harrisonburg?
To comfortably afford the median home price of $356,744 with a 20% down payment ($71,349) at today's rates (6.8%), you'd need a gross annual income of approximately $94,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Harrisonburg compare to the national average home price?
The national median home value is approximately $410,000. At $356,744, homes in Harrisonburg are 13% below the national average.
What metro area is Harrisonburg part of?
Harrisonburg is part of the Harrisonburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.