Median price for residential apartments in Harrisonburg, VA as of Oct, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
202 Harrisonburg, VA, USA apartments for sale
Harrisonburg
According to statistics, the population in Harrisonburg, VA amounts to 53,064, which shows growth 2% compared to the previous year. The median age of the city’s residents is 25. The average household income is $43,009, shifting growth 6% from the past year, and the average property value in Harrisonburg, VA decline -1% to $196,200 throughout the year.
| Population | 53,064 |
| Median Age | 24.8 |
| Poverty Rate | 29% |
| Household Income | $43,009 |
| Number Of Employees | 26,008 |
| Median Property Value | $196,200 |
Household Income
The average household income in Harrisonburg, VA grew from $40,494 to $43,009 in the past year. This data is an estimate based upon 16,848 households in Harrisonburg, VA . The chart below presents how household income is distributed in Harrisonburg, VA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Harrisonburg, VA shifted from $197,400 to $196,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Harrisonburg, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Harrisonburg, VA properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Harrisonburg, VA compared to median property taxes around the country. The prevalent amount of property taxes in Harrisonburg, VA equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Harrisonburg, VA, USA
Average apartment sale in Harrisonburg: $407,202 (+5.3%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| Studio apartments | $774,167 | -2.4% |
| 2-bed apartments | $197,136 | +15.1% |
| 3-bed apartments | $296,156 | +8.5% |
| 4+ bed apartments | $417,199 | +5.9% |
During Oct 2022, the average price for an apartment in/near Harrisonburg, VA increased by 5.3% to $407,202.
Asking price for 2-bed apartment also increased by 15.1% and a place of this size will now cost you $197,136. A 3-bed apartment goes for $296,156, it increased by 8.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 5.9% and made it up to $417,199.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Condos for sale | $231,937 | +21.4% |
| Houses for sale | $464,278 | +23.2% |
| Land for sale | $615,375 | -22.4% |
| Townhouses for sale | $297,448 | +21.7% |
Price reports demonstrate that house price increased by 23.2% this month making it up to $464,278. Condos are really in demand in this season. The median price for a condo increased by 21.4%, it’s now available for $231,937. The property value of townhouses increased by 21.7%, you’ll have to spend around $297,448 to get one.