Market Intelligence Report — VA-500

Harrisonburg, VA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-VA-09
As of the latest 2026 data
Accelerated

Median Listing

$418K
+5.3% YoY

Pending Ratio

0.75
-25.9% YoY

Active Inventory

238
+4.4% YoY

Median DOM

53 Days
-9.1% YoY

Primary Intelligence Tool — Sold Score™

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The Harrisonburg, VA market is currently characterized as Accelerated. The pending ratio of 0.75 indicates strong buyer activity, with median listing prices appreciating 5.3% year-over-year. Despite month-over-month price declines, inventory remains constrained relative to demand.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Harrisonburg market right now.

Median listing prices observed a 5.3% increase over the past year, although a 2.9% month-over-month decline was noted in the most recent period. Active listings showed a modest 4.4% year-over-year increase, while new listings saw a substantial 22.6% year-over-year expansion. The pending ratio, at 0.75, reflects sustained demand, though it marks a 25.9% decline compared to the prior year.

Historical Analysis

Market Trends

Median Price

$418K-2.9% MoM

Active Inventory

238+4.4% YoY

Days on Market

53-9.1% YoY

Sold Score™

78-25.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

78
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio and declining median days on market suggest an environment where properties are absorbing quickly. This dynamic provides listing agents with leverage in negotiating terms, maintaining price discipline amid inventory pressures. The pace of transactions indicates that competitive dynamics are still present in the market.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

238 active listings represent the current floor, with new supply arriving at roughly 130 per month.

Pricing Pressure
18.1%

of active listings carry a price reduction, +5.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.7% year-over-year.

Absorption
0.75

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Harrisonburg, VA? Homes here are taking 5 days less to sell than last year.

Demand in Harrisonburg, VA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
75%
Median Days on Market
53 days
Inventory YoY
+4%

Demand is strong in Harrisonburg, VA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Harrisonburg, VA
CBSA Code
25500
State
VA

ZIPs in Harrisonburg, VA

Sorted by active inventory · click a ZIP for its full report