Waynesboro, PA—17268
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waynesboro, PA
As of Oct '25, the median home price in Waynesboro, PA is $265,000, with a year-over-year change of 1.8%. This indicates that home prices in Waynesboro, PA are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $265,000 | 1.9% |
| Single Family | $266,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | 2.0% |
3 Bed | $265,000 | 2.7% |
4 Bed | $356,000 | 1.1% |
| 5 Bed | $416,000 | 1.2% |
% of Housing Stock
Rental Trends — Waynesboro, PA
As of July '25, Rentcast reports the average rent in Waynesboro, PA is $1,500, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Waynesboro, PA is studios: $950, 1-bedrooms: $857, 2-bedrooms: $1,140, 3-bedrooms: $1,860, 4-bedrooms: $2,390. The most common rental property sizes in Waynesboro, PA are 2-bedroom and 3-bedroom, accounting for 40.1% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,500 |
| Studio Rent | $950 | $950 |
| 1 Bed Rent | $850 | $857 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | $1,750 | $1,860 |
| 4 Bed Rent | $2,200 | $2,390 |
% of Rental Stock
Property Listings — Waynesboro, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Waynesboro, PA is 51. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $361,000 | 16.0% |
Listing Count | 134 | 74.0% |
| Listings as % of Homes | 0.6% | 74.0% |
Days on Market | 51 | 29.0% |
Demographics — Waynesboro, PA
As of the latest ACS Survey released in 2023, Waynesboro, PA has a population of 29,100, which has decreased by -1.1% over the past 5 years. Waynesboro, PA is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 20.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,100 | -1.1% |
% Under 18 | 23.5% | 1.7% |
% Seniors | 19.3% | 4.9% |
% WFH | 8.6% | 91.1% |
% w/ College Degree | 20.0% | 7.5% |
As of the latest ACS Survey released in 2023, Waynesboro, PA is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Waynesboro, PA is hispanic, making up 7.2% of the population. Foreign-born residents account for 2.7% of the population in Waynesboro, PA, and this percentage has increased by 107.7% 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 | 85.9% | -7.5% |
% Black | 2.9% | 31.8% |
% Hispanic | 7.2% | 89.5% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 2.7% | 107.7% |
Mortgage and Risk — Waynesboro, PA
According to HUD data as of 2023, there were 497 mortgage originations in Waynesboro, PA, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Waynesboro, PA. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 497 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Waynesboro, PA
As of 2024, the percent of homes in Waynesboro, PA under the Section 8 program is 7.1%. 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 Waynesboro, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 380 |
Total Units Section 8 | 262 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 91.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $850 | $1,020 |
| 2 Bedroom | $140 | $1,100 | $1,240 |
| 3 Bedroom | -$100 | $1,750 | $1,650 |
| 4 Bedroom | -$330 | $2,200 | $1,870 |
Affordability — Waynesboro, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $265,000 |
| Median Household Income | $69,700 |