Chambersburg, PA—17202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chambersburg, PA
As of Oct '25, the median home price in Chambersburg, PA is $309,000, with a year-over-year change of 2.9%. This indicates that home prices in Chambersburg, PA are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $309,000 | 2.9% |
| Single Family | $310,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $229,000 | 3.2% |
3 Bed | $301,000 | 3.4% |
4 Bed | $386,000 | 2.1% |
| 5 Bed | $465,000 | 2.0% |
% of Housing Stock
Rental Trends — Chambersburg, PA
As of July '25, Rentcast reports the average rent in Chambersburg, PA is $1,610, with a year-over-year rent change of 17.5%. Per bedroom, the median rent as of July '25 in Chambersburg, PA is 1-bedrooms: $1,000, 2-bedrooms: $1,150, 3-bedrooms: $1,780, 4-bedrooms: $2,030. The most common rental property sizes in Chambersburg, PA are 2-bedroom and 3-bedroom, accounting for 38.0% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,000 |
| 2 Bed Rent | $1,200 | $1,150 |
| 3 Bed Rent | $1,750 | $1,780 |
| 4 Bed Rent | $1,900 | $2,030 |
% of Rental Stock
Property Listings — Chambersburg, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Chambersburg, PA is 45. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 8.0% |
Listing Count | 137 | -2.0% |
| Listings as % of Homes | 0.6% | -2.0% |
Days on Market | 45 | -9.0% |
Demographics — Chambersburg, PA
As of the latest ACS Survey released in 2023, Chambersburg, PA has a population of 32,800, which has increased by 10.7% over the past 5 years. Chambersburg, PA is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 26.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,800 | 10.7% |
% Under 18 | 22.6% | -1.3% |
% Seniors | 18.7% | 2.2% |
% WFH | 9.0% | 143.2% |
% w/ College Degree | 26.9% | 7.6% |
As of the latest ACS Survey released in 2023, Chambersburg, PA is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Chambersburg, PA is hispanic, making up 7.3% of the population. Foreign-born residents account for 4.0% of the population in Chambersburg, PA, and this percentage has increased by 17.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.9% | -6.3% |
% Black | 2.5% | -26.5% |
% Hispanic | 7.3% | 62.2% |
% Asian | 1.6% | 14.3% |
% Foreign Born | 4.0% | 17.6% |
Mortgage and Risk — Chambersburg, PA
According to HUD data as of 2023, there were 663 mortgage originations in Chambersburg, PA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Chambersburg, PA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 663 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Chambersburg, PA
As of 2024, the percent of homes in Chambersburg, PA under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Chambersburg, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 75 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $950 | $1,030 |
| 2 Bedroom | $50 | $1,200 | $1,250 |
| 3 Bedroom | -$80 | $1,750 | $1,670 |
| 4 Bedroom | -$10 | $1,900 | $1,890 |
Affordability — Chambersburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $309,000 |
| Median Household Income | $94,400 |