Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Monday, June 2, 2025
Inventory Levels
Inventory levels (the number of homes for sale) have risen over the past several months in Harrisonburg and Rockingham County...

December 2024 = 138

January 2025 = 140

February 2025 = 150

March 2025 = 170

April 2025 = 176

But, let's keep it in perspective...

Inventory levels are (slightly) lower now than they were a year ago (175 vs. 186) and they are lower now than they were in 2018, 2019 and 2020.

The last time inventory levels rose above current levels (for more than a month was between July 2023 and February 2024.

Will we see inventory levels continue to increase as we move through the summer, fall and winter?  It's possible, but at this point I am not thinking it is likely.

If you are hoping to buy a home now or soon, you have somewhat more choices now than you would have had for most of the past year -- but not by much -- and it largely depends on your price range and the type of property you would like to buy.

If you are planning to sell a home soon, you might have slightly more competition -- maybe -- again, depending on your price range and the type of property you will be selling.

To make this data more meaningful for you, we will dive a bit deeper into the data to look just at a particular property type, location and price range.