Price History
Median Home Price
Median Rent
Stored observations from 2016-07-31 to 2026-06-29. Source: Zillow ZHVI/ZORI. Missing rents are shown as gaps.
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Purchase
Monthly Cash Flow
* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.
Score Breakdown
Based on 5.72% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.
Based on 4.0% YoY price growth. Moderate growth (3-8%) scores highest.
Based on 0.0% population growth. Growing areas indicate economic stability.
Based on price relative to estimated local incomes.
Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.
Investment Outlook
Strengths
- +Low unemployment (0.0%)
Challenges
- -Negative cash flow at typical financing (-$670/mo)
- -Negative leverage (cap rate 3.7% < mortgage rate 6.9%)
Counties in Harrisburg, PA
Section 8 in Harrisburg, PA: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.
Compare to Similar Metros
| Metro Area | Verdict | ||||||
|---|---|---|---|---|---|---|---|
Ogdensburg, NY Ogdensburg, NY | 82 | $144,973 | $1,169 | 9.67% | Strong Buy | View | |
Centralia, IL Centralia, IL | 82 | $123,413 | Est. | Strong Buy | View | ||
McAlester, OK McAlester, OK | 82 | $151,079 | $1,190 | 9.45% | Strong Buy | View | |
Snyder, TX Snyder, TX | 82 | $150,206 | $1,300 | 10.39% | Strong Buy | View | |
Abilene, TX Abilene, TX | 82 | $217,009 | $1,827 | 10.10% | Strong Buy | View | |
Current Harrisburg, PA | 62 | $312,126 | $1,487 | 5.72% | Buy |
Rent vs buy in this metro
The Bottom Line
The Harrisburg, PA metro area scores 62/100, ranking #453 of 894 US metros (top 51%). The 5.72% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.