Harrisonburg, VA

Population: 51,395
Average annual home appreciation rate: 9.31%
Total of homes for sale in this market: 415
Median home price: $205,523
Median Rent: $891 per room
Home price range: 40.69% of homes are between $99,001 – $198,000
Median sales price: Still computing data
Number of homes: 7
Median foreclosure sales price: Still computing data
Foreclosure discount: Still computing data
Most common home type: 35.15% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 10.80%
Number of renters: 69.32%
Number of owner occupied: 30.68%
Number people living below poverty level: 33.53%
Unemployment rate: 6.40%
Is this area perfect for real estate deals going on right now? Importantly, NeighborhoodScout’s exclusive research found that Harrisonburg’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength.

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