Chambersburg, PA 17201 Real Estate Market Report

ZIP Code: 17201
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Chambersburg, PA are 6.69% compared to the 6.39% average observed earlier in 2026, indicating a slight increase in borrowing costs for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price 239,900 is the primary indicator of recent market value; it sits materially below the median listing price 299,900, which suggests pricing friction between seller expectations and completed transactions and may indicate that some sellers will need to adjust asking prices to align with market-clearing values.

2. price year-over-year trend down combined with a neutral market temperature suggests gradual softening rather than a rapid correction, pointing to a balanced but cautious market environment for buyers and sellers.

3. median days on market 238 signals slower sales velocity and, when considered alongside relatively constrained active supply in the sample, may indicate longer negotiation cycles and extended time-to-close for typical SFR and condo listings.

4. median market rent 1,495 and a up rent year-over-year trend support solid rental demand, while elevated interest rate pressure (current 30-year fixed rate 6.69% vs 6.39% earlier in 2026) may suppress purchase affordability and sustain stronger investor or renter interest.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.