Mortgage payment estimates, closing cost breakdowns, and homebuying data for Harrisonburg, Virginia.
Pre-filled with Harrisonburg median home price and Virginia tax/insurance rates. Adjust for your property.
Estimated closing costs based on Virginia rates and fees applied to Harrisonburg prices.
The median home price in Harrisonburg is $285,000, 29% below the Virginia state median of $400,000. With a population of 54,033, Harrisonburg is a smaller market where home prices tend to be more accessible than in many parts of Virginia.
Property taxes in Virginia average 0.82% annually. This moderate property tax rate means a $285,000 home in Harrisonburg would carry roughly $195/month in property taxes. Homeowners insurance in Virginia runs approximately $1,700 per year. This is within the normal range nationally.
Average rent in Harrisonburg is $1,180/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Harrisonburg presents moderate affordability. The $285K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.