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Rockingham County Market Report

1st Quarter 2022


Harrisonburg and Rockingham County
Units Sold
Year to Date


308
-3.45%
12 Month
Residential Sales


1,652
+7.41%
12 Month
Avg Sales Price


$306,919
+11.43%
Months Supply
of Inventory


0.68 m
-25.20%
City of Harrisonburg
Units Sold
Year to Date


85
-2.30%
12 Month
Residential Sales


511
+20.80%
12 Month
Avg Sales Price


$261,053
+9.05%
Months Supply
of Inventory


0.45 m
-47.57%
Southeast Rockingham
Units Sold
Year to Date


83
+0.00%
12 Month
Residential Sales


488
+16.19%
12 Month
Avg Sales Price


$345,455
+9.90%
Months Supply
of Inventory


0.84 m
-30.33%
Southwest Rockingham
Units Sold
Year to Date


43
-4.44%
12 Month
Residential Sales


175
-8.85%
12 Month
Avg Sales Price


$318,903
+11.96%
Months Supply
of Inventory


0.96 m
-9.65%
Northwest Rockingham
Units Sold
Year to Date


48
-20.00%
12 Month
Residential Sales


253
-10.92%
12 Month
Avg Sales Price


$294,093
+14.86%
Months Supply
of Inventory


0.52 m
+12.25%
Northeast Rockingham
Units Sold
Year to Date


31
+14.81%
12 Month
Residential Sales


128
-12.33%
12 Month
Avg Sales Price


$308,194
+9.00%
Months Supply
of Inventory


1.31 m
+22.84%
Massanutten
Units Sold
Year to Date


18
+5.88%
12 Month
Residential Sales


97
+32.88%
12 Month
Avg Sales Price


$364,829
+22.92%
Months Supply
of Inventory


0.25 m
-62.37%


What This Chart Shows:
Residential home sales by month, since 2008. This chart helps show seasonal trends in home sales.

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What This Chart Shows:
Total residential sales from January 1 until the date on this chart, since 2008.

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What This Chart Shows:
The number of residential properties on which Buyers and Sellers entered into contracts each month since 2009. This is an excellent indicator of future sales.

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What This Chart Shows:
The past twelve months sales, for this month and each month since 2008. This is one of the best ways to see the true long term trend in the market.

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What This Chart Shows:
The long term inventory trend in Rockingham County, with Single Family homes seperated from Townhomes.

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What This Chart Shows:
The long term inventory trend in the City of Harrisonburg, with Single Family homes seperated from Townhomes.

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What This Chart Shows:
The long term trend in average and median sales prices for homes.

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