The median sales price of a single family home in Harrisonburg and Rockingham County is now approaching $400,000!
Looking back a bit further...
2000 = median of $122,850 (wow!)
2010 = median of $195,000 (+$72K)
2020 = median of $269,000 (+$74K)
2025 = median of $388,235 (+$119K)
As you can see above, in two ten year spans the median sales price increased by about $70,000... but over the past five years it has increased by $119,000.
Where do things go from here?
As shown on the graph above, the median sales price has not increased much (<$1K) thus far in 2025.
Will we see the median sales price level out over the next year or two? Or will it start to climb again?