For four years in a row, the median sales price of homes selling in Harrisonburg and Rockingham County increased by 10% per year -- in 2020, 2021, 2022 and 2023.
In 2024, the increase in the Harrisonburg and Rockingham County median sales price has only been 6%.
But if we zoom out a bit, to all of Virginia, what do we find in 2024?
The median sales price in Virginia has increased by about 8% in 2024, compared to the 6% for Harrisonburg and Rockingham County.
Also shown above, the median sales price in all of Virginia is a bit higher ($415K) than just in Harrisonburg and Rockingham County ($350K).