Harrisburg, PA
Commercial Real Estate Market Trends & Data

$144 Avg asking sale price
$429 Avg asking lease rate
19,192 SF Avg unit lease size
29,633 SF Avg building size for sale
8.18% Average cap rate

Harrisburg's Demographic Profile

Harrisburg has 76,314 households and a median income of $65,511, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 186,631
# Households 76,314
Median age 39
Median household income $65,511
Avg household size 2.0
Renter-occupied housing units 33,459
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Harrisburg, PA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Harrisburg $110 30,151 SF 9.10%
Lower Paxton $113 35,461 SF 9.10%
Penbrook $121 17,454 SF 9.10%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Harrisburg $181 61,230 SF 7.46%
Swatara $560 16,443 SF 7.46%
Steelton $789 2,500 SF 7.46%
Nearby Retail Markets Avg Cost/SF Typical Size
Harrisburg $114 12,016 SF
Lower Paxton $115 11,275 SF
Penbrook $86 17,454 SF
Swatara $136 14,238 SF
Steelton $149 2,788 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Harrisburg $215 14,577 SF 10.04%
Lower Paxton $122 10,272 SF 10.04%
Swatara $148 21,672 SF 5.80%
Camp Hill $159 10,138 SF 7.21%

Commercial Properties For Sale in Harrisburg

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

26 2nd St

Highspire, PA 17034

  • 3,900 SF Specialty
  • $559,000
For Sale

6405 Flank Dr

Harrisburg, PA 17112

  • 32,513 SF Office Building
  • $3,300,000
For Sale

33 S 18th St

Harrisburg, PA 17104

  • 5,660 SF Multifamily
  • 10.04% Cap Rate
  • $699,900
For Sale

Historic Mary Sachs Building

Harrisburg, PA 17101

  • 20,640 SF Office Building
  • $1,750,000
For Sale

Signalized Intersection Rt 322 Near Hershey

Swatara Township Dauphin, PA 17111

  • 2.40 AC Lot
  • 1 Commercial Lot
  • $1,100,000
For Sale

101 S 17th St

Harrisburg, PA 17104

  • 26,244 SF Industrial Building
  • $2,750,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Harrisburg pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Harrisburg $144 29,633 SF
Linglestown $99 100,627 SF
Lower Paxton $168 43,313 SF
Penbrook $108 13,342 SF

Multifamily Properties For Sale in Harrisburg

For Sale

1609 N FRONT St

Harrisburg, PA 17102

  • 5,964 SF Multifamily
  • $806,000
For Sale

Hill Cafe & Glass Factory Portfolio

Harrisburg, PA

  • Price Upon Request

Regional Demographic Comparison

This comparison places Harrisburg alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Harrisburg or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Harrisburg 186,631 76,314 39 $65,511 2 33,459 2%
Linglestown 6,260 2,508 44 $85,699 2 366 1%
Lower Paxton 64,606 26,349 42 $77,878 2 8,178 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Harrisburg, PA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Harrisburg

View All Commercial Real Estate For Sale in Harrisburg
Is Harrisburg a good market for a first-time commercial real estate investor?

Harrisburg offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Harrisburg?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Harrisburg. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Harrisburg?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Harrisburg. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Harrisburg compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Harrisburg. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Harrisburg acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Harrisburg, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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