How Much Did City Single Family Homes Increase in Value in 2018?


How Much Did City Single Family Homes Increase in Value in 2018?
By Scott Rogers • January 23, 2019
If you own a single family home in the City of Harrisonburg, you might be wondering how much your home's value increased (or decreased) over the past year. 194 single family detached homes sold in the City of Harrisonburg in 2017 with a median sales price of $232,750 and a median price/SF of $121. 231 single family detached homes sold in the City of Harrisonburg in 2018 with a median sales price of $235,000 and a median price/SF of $122. The increase in median sales price from $232,750 to $235,000 is a 0.97% increase. The increase in median price per square foot from $121 to $122 is a 0.83% increase. So, if we round up (just by a bit) then based on changes in both the median sales price and the median price per SF, it seems that single family homes in the City of Harrisonburg increased in value by 1% in 2018. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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