Harrisburg, PA Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is now a good time to sell a house in Pennsylvania? ›

Best Time to Sell Your House for a Higher Price

June, July, and August are the best months to sell your house in Pennsylvania. The median sale price of houses in June 2023 was $298,400, which is expected to rise in 2024. However, cities like Bethlehem and New Castle follow an upward trend throughout the year.

US News & World Report thinks so. It has ranked Harrisburg, Pennsylvania, the #1 best place to retire in 2024 out of the 150 largest metropolitan areas in America. Officially designated the Harrisburg-Carlisle, PA Metro Area by the U.S. Census, this region includes suburbs like Carlisle, Hershey, and Newport.

With its stable rental market, increasing population, and diverse economy, Harrisburg presents an appealing opportunity for real estate investors seeking consistent cash flow and favorable returns on their investments.

Selling your house without a real estate agent in Pennsylvania is possible, but it can be a challenging process. While the state does not require you to have a real estate attorney, it's smart to hire one for a for-sale-by-owner transaction anyway.

All gains realized from selling, exchanging, or disposing of any type of property are taxed according to the Pennsylvania Personal Income Tax (PA PIT) system, meaning they are taxed as personal income. According to the PA-DoR's Personal Income Tax portal, Pennsylvania's personal income tax rate is a flat 3.07%.

Pennsylvania Housing Market Overview

In March 2024, home prices in Pennsylvania were up 6.8% compared to last year, selling for a median price. On average, the number of homes sold was down 9.42% year over year and there were 9,247 homes sold in March this year, down 10,205 homes sold in March last year.

Explore Harrisburg, PA

There are 10 neighborhoods in Harrisburg. Old Uptown Historic District has a median listing home price of $249.9K, making it the most expensive neighborhood. South Alison Hill is the most affordable neighborhood, with a median listing home price of $110K.

Other urban areas, such as Pittsburgh, Erie, Harrisburg, Allentown, and Scranton lean Democratic as well. Like most states, Pennsylvania's rural areas tend to be more conservative and support Republicans.

The 5 largest ethnic groups in Harrisburg, PA are Black or African American (Non-Hispanic) (42.4%), White (Non-Hispanic) (25.3%), White (Hispanic) (9.01%), Other (Hispanic) (8%), and Two+ (Non-Hispanic) (4.1%).

The cost of living in Harrisburg, PA is 3% higher than the state average and 1% lower than the national average. Harrisburg, PA housing is 6% cheaper than the U.S average, while utilities are about 1% pricier.

Are real estate taxes high in PA? ›

Overview of Pennsylvania Taxes

In fact, the state carries a 1.36% average effective property tax rate in comparison to the 0.99% national average. Effective property tax rates on a county basis range from 0.87% to 2.45%.

Located in the heart of Lehigh Valley, Allentown is a great area to be a landlord and investor. The third most populated city in Pennsylvania proves to be popular among investors because of the growth in its rental market, increasing rent prices and single-family home values, and its newly revitalized downtown.

While there is no law that says you must have a Pennsylvania real estate attorney to guide you through the selling process, it is beneficial to have one. Remember–they work for you, paid directly by you–commission won't guide their judgment.

It is a common question. And, the answer is yes! You can sell your own home without a license in Pennsylvania and in New Jersey.

June is the most popular month to list a house for sale. Premiums (the amount above the asking price) are highest in May, but total selling prices are higher in June and July.

Typically, spring and summer are considered the best times to sell, when there's the most activity from buyers and the most listings entering the market.

Pennsylvania homes continued to sell at eye-popping prices last month. The median home sale price rose 6.6% year-over-year from $248,200 to $264,700 in January. The Pennsylvania housing market remains robust despite a slight dip in home sales, with 7,104 homes sold.