Funkhouser Real Estate Group
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Monday, December 30, 2024
Median Sales Prices
Looking back over the past 24 years, there have been two multi-year periods of rapid increases in the median sales price in Harrisonburg and Rockingham County...

2004 through 2006
  • 2004 = 17%
  • 2005 = 14%
  • 2006 = 14%
This 2004 through 2006 timeframe was followed by eight years of no change or slight decreases in the median sales price.
2020 through 2023
  • 2020 = 10%
  • 2021 = 10%
  • 2022 = 10%
  • 2023 = 11%
All we know so far is that this 2020 through 2023 timeframe has been followed by one year (2024) of a slower but still significant (+5%) increase in the median sales price.