Harrisonburg, VA 22801 - Real Estate Investment Insights & Performance Data

Welcome to our 22801 real estate data hub, tailored for investors in Harrisonburg, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 22801 in Harrisonburg, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in HARRISONBURG CITY.

Leverage our comprehensive, zip code-specific data to excel in Harrisonburg, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Harrisonburg property market.

• Location Overview

  • Zip Code: 22801
  • City: Harrisonburg
  • State: VA
  • Metro Area: Harrisonburg, VA
  • County Name: HARRISONBURG CITY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $340,047
  • Average Home Price (Single Family Homes): $351,479
  • Average Monthly Rental Price (All Types): $1,650
  • Price-to-Rent Ratio: 17
  • Zillow Projected % appreciation from 4/2023-4/2024: 1%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,160
  • Average 3 Bedroom Section 8 Rental Rates: $1,540
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 24.43
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.4
  • Number of Units Offered in Section 8 in the County: 423
  • Number of Occupied Units in Section 8 in the County: 391
  • Percentage of Section 8 Units Occupied in the County: 92.5%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 155.5
  • Total % Appreciation since 2000 (Government Data): 110.82
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.93%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.94%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.53%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.53%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.87%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): Not Available%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.78%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 28.22%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%