Chambersburg, PA—17201
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 $247,000, with a year-over-year change of 3.3%. This indicates that home prices in Chambersburg, PA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | 3.3% |
| Single Family | $248,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $218,000 | 3.3% |
3 Bed | $251,000 | 3.7% |
4 Bed | $313,000 | 4.0% |
| 5 Bed | $326,000 | 1.9% |
% of Housing Stock
Rental Trends — Chambersburg, PA
As of July '25, Rentcast reports the average rent in Chambersburg, PA is $1,460, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Chambersburg, PA is 1-bedrooms: $964, 2-bedrooms: $1,300, 3-bedrooms: $1,710, 4-bedrooms: $2,030. The most common rental property sizes in Chambersburg, PA are 2-bedroom and 3-bedroom, accounting for 42.8% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $964 |
| 2 Bed Rent | $1,250 | $1,300 |
| 3 Bed Rent | $1,650 | $1,710 |
| 4 Bed Rent | $1,850 | $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 33. This is a decrease of -11.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $277,000 | 16.0% |
Listing Count | 69 | 11.0% |
| Listings as % of Homes | 0.3% | 11.0% |
Days on Market | 33 | -11.0% |
Demographics — Chambersburg, PA
As of the latest ACS Survey released in 2023, Chambersburg, PA has a population of 27,600, which has increased by 6.7% over the past 5 years. Chambersburg, PA is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,600 | 6.7% |
% Under 18 | 20.6% | -5.5% |
% Seniors | 21.4% | 9.7% |
% WFH | 6.5% | 109.7% |
% w/ College Degree | 28.3% | 17.4% |
As of the latest ACS Survey released in 2023, Chambersburg, PA is a predominantly white area, with 69.8% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Chambersburg, PA is hispanic, making up 18.0% of the population. Foreign-born residents account for 8.2% of the population in Chambersburg, PA, and this percentage has decreased by 13.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.8% | -1.6% |
% Black | 7.8% | -23.5% |
% Hispanic | 18.0% | 20.8% |
% Asian | 1.3% | 0.0% |
% Foreign Born | 8.2% | -13.7% |
Mortgage and Risk — Chambersburg, PA
According to HUD data as of 2023, there were 392 mortgage originations in Chambersburg, PA, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Chambersburg, PA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 392 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Chambersburg, PA
As of 2024, the percent of homes in Chambersburg, PA under the Section 8 program is 5.9%. 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. In Chambersburg, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 636 |
Total Units Section 8 | 372 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $900 | $1,050 |
| 2 Bedroom | $30 | $1,250 | $1,280 |
| 3 Bedroom | $60 | $1,650 | $1,710 |
| 4 Bedroom | $80 | $1,850 | $1,930 |
Affordability — Chambersburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $247,000 |
| Median Household Income | $59,600 |