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Foreclosures in Harrisonburg, VA

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Harrisonburg, VA Foreclosures

Current Market Conditions in in Harrisonburg, VA As of April 2026?
Over the past month, the Harrisonburg real estate market has shown signs of stabilization after a period of rapid growth. While home prices remained relatively unchanged, the number of new listings has increased, providing buyers with more options. This shift may ease some of the competitive pressure on pricing, offering a more balanced environment for both buyers and sellers.
How much do homes sell for in Harrisonburg, VA?
The average home price is currently $422,986.
In Harrisonburg, VA, how many homes are available?
There are currently 3 active home listings available in Harrisonburg.
What’s the average rental cost in Harrisonburg, VA?
The average rental price in Harrisonburg is $1,312.
What is the most expensive home in Harrisonburg?
The most expensive home sold in Harrisonburg had a price of $100,363,976.
What is currently the cheapest priced home in Harrisonburg, VA?
The cheapest home for sale in Harrisonburg is priced at $24,847.

Living in Harrisonburg, VA

Harrisonburg, located in Virginia's Shenandoah Valley, is a city rich in culture and natural beauty. The area is home to James Madison University, providing a vibrant atmosphere and numerous events. With a blend of outdoor activities and urban conveniences, Harrisonburg is an attractive place to live and explore.

Buyer vs Seller Market in Harrisonburg, VA

The Harrisonburg real estate market is currently experiencing a steady increase in demand. Home prices have seen a moderate rise, partly due to the influx of new residents drawn by the university and the area's scenic beauty. The average days on the market have decreased, indicating strong buyer interest and competition.

Inventory levels remain relatively low, which has contributed to the increasing prices. Sellers are capitalizing on this trend, which has led to a balanced but slightly seller-favored market overall.

Home Value Estimator For Harrisonburg, VA

There are currently 11,454 real estate properties in Harrisonburg, VA, with a median automated valuation model (AVM) price of $320,889.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Harrisonburg, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Harrisonburg, VA, is $422,986.00, with the most expensive house in Harrisonburg, VA, topping out at $100,363,976.00 and the cheapest home in Harrisonburg, VA, clocking in at $24,847.00. In other words, there’s something for every potential homebuyer or savvy investor in Harrisonburg, VA!

Rent Prices In Harrisonburg, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Harrisonburg, VA, is on a rollercoaster ride. The average rent price in Harrisonburg, VA, is $1,312.00. Indeed, when looking to rent in Harrisonburg, VA, you can expect to pay as little as $630.00 or as much as $4,700.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Harrisonburg, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Harrisonburg, VA Foreclosures

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