Median Home Price
$269,643.21
Median RentBETTER
$1,341.09/mo
Price-to-Rent Ratio
16.8
Property Tax RateTIE
1.54%
Price Change (1Y)BETTER
+4.2%
Price Change (5Y)BETTER
+21.1%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$102,955
Median Home PriceBETTER
$228,588.5
Median Rent
$1,703.54/mo
Price-to-Rent RatioBETTER
11.2
Property Tax RateTIE
1.54%
Price Change (1Y)
+2.8%
Price Change (5Y)
+14.0%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$14,873
Key Differences
Home Prices
Harrisburg's median home price of $269,643.21 is higher than Philadelphia's $228,588.5 by 18%.
Monthly Rent
Renting in Harrisburg costs $1,341.09/mo compared to $1,703.54/mo in Philadelphia—a difference of $362.45/mo.
Buy vs Rent Verdict
Harrisburg favors renting, while Philadelphia favors either option.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.