Metro area index
Home appreciation in the Harrisburg-Carlisle, PA metro area
FHFA HPI® data shows the Harrisburg-Carlisle, PA metro area's all-transactions index changed +4.8% over the year to Q2 2026, versus +4.7% for Pennsylvania and +3.0% for the U.S. That ranks 113th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.8%
- 5-year change
- +48.6%
- Since Q1 1995
- +216%
- Metro rank (1 year)
- 113th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Harrisburg-Carlisle, PA vs Pennsylvania and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Harrisburg-Carlisle, PA: 316.3
- Pennsylvania: 355.6
- United States: 391.6
Appreciation by time window
| Window | Metro | PA | U.S. | Gap vs PA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.8% | +4.7% | +3.0% | +0.1 pts | +1.7 pts |
| 3 years | +17.5% | +18.1% | +12.9% | −0.6 pts | +4.6 pts |
| 5 years | +48.6% | +44.2% | +41.3% | +4.3 pts | +7.3 pts |
| 10 years | +85.7% | +86.9% | +93.3% | −1.2 pts | −7.6 pts |
| Since Q1 1995 | +216% | +256% | +292% | −39.4 pts | −75.3 pts |
3-digit ZIP regions in the Harrisburg-Carlisle, PA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 171 · Harrisburg, PA area | PA | +3.8% | +49.0% | +209% | 100% |
| 170 · Lebanon, PA area | PA | +4.7% | +49.0% | +220% | 57% |
| 172 · Chambersburg, PA area | PA | +3.7% | +43.8% | +222% | 16% |
Boom, bust, and recovery in Harrisburg-Carlisle, PA area
Harrisburg-Carlisle, PA area's index peaked in Q2 2008, fell 7.2% to its low in Q1 2014, and regained its peak in Q3 2017, about 9.2 years after the top. Today it sits +80.3% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2008 | Q1 2014 | -7.2% | Q3 2017 (9.2 yrs) | +80.3% |
| PA | Q1 2008 | Q2 2012 | -9.4% | Q2 2017 (9.2 yrs) | +83.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Harrisburg-Carlisle, PA area's index has changed +42.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | PA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.9% | +0.8% | -0.8% |
| 3 years | +9.8% | +7.0% | +7.5% | +2.8% |
| 5 years | +24.0% | +19.8% | +16.3% | +13.9% |
| 10 years | +39.1% | +33.5% | +34.4% | +39.0% |
| Since Q1 1995 | +121% | +42.8% | +60.6% | +76.8% |
If you bought in the Harrisburg-Carlisle, PA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +211% | $931,517 |
| Q2 2000 | +177% | $830,125 |
| Q2 2005 | +112% | $634,828 |
| Q2 2010 | +89.6% | $568,897 |
| Q2 2015 | +88.6% | $565,742 |
| Q2 2020 | +63.7% | $491,224 |
| Q2 2021 | +48.6% | $445,674 |
| Q2 2023 | +17.5% | $352,446 |
| Q2 2025 | +4.8% | $314,301 |
Frequently asked questions
- How much have home prices risen in the Harrisburg-Carlisle, PA area?
- FHFA HPI® data for the Harrisburg-Carlisle, PA metro area shows changes of +4.8% over one year, +48.6% over five years, and +85.7% over ten years to Q2 2026, and +216% since Q1 1995.
- Is the Harrisburg-Carlisle, PA area beating the national average?
- Over the past year the metro's index moved +1.7 pts versus the U.S.; over five years the gap is +7.3 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.