dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +6.4% YoY. inventory, −22.4% YoY, is the number to watch.
The median listing price is up 6.4% YoY while the median home got down 0.8% bigger, so value per square foot is up 1.3%.
U.S. Census ACS characteristics for ZIP 22801 itself, not its parent county.
Renters hold 53.9% of this ZIP's 15,084 occupied households, on a median household income of $72K.
| Measure | ZIP 22801 | Harrisonburg city | Difference |
|---|---|---|---|
| Median Household Income | $72K | $62K | +$10K |
| Below Poverty Level | 25.5% | 25.7% | -0.2% |
| Median Age | 28.50 | 25.00 | +3.50 |
| Total Population | 39,983 | 51,392 | -- |
| Avg Household Size | 2.57 | 2.54 | +0.03 |
| Owner-Occupied | 46.1% | 39.5% | +6.6% |
| Worked From Home | 9.5% | 9.1% | +0.4% |
| Mean Commute | 18.50 | 17.10 | +1.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.2% to 51,392: residents under 18 are up 1.0% and those 65 and over are up 4.3%.
County median household income is $62K, 25.7% of residents are below the poverty level, 9.1% work from home.