Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$289,565+1.6% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$62,772About 0.8× the local median income ($75,061): affordable for a typical household
Days on market52 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.9%Zillow expects prices to rise slightly
The typical home in Chambersburg, PA is worth $289,565, up 1.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $276,705, so the area is 4.6% overvalued. It is a balanced market: homes take about 52 days to sell, listings are up 8% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $62,772 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,061. Typical rent is $1,335 a month, or $1,688 for a house. In the latest IRS figures, 604 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$289,565
Change in 1 year
+1.6%
Overvalued %
+4.6%
Show 7 more
Fair home value
$276,705
Change in 5 years
+21.5%
Zillow forecast, next 12 months
+1.9%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$1,569
Income needed to afford it
$62,772
Property tax rate
1.10%
Rent and investing
Typical rent
$1,335
Typical rent for houses
$1,688
Price-to-rent ratio
18.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,325
Gross rental yield
5.53%
Cap rate (estimate)
3.60%
Market activity
Listings vs a year ago
+8.4%
Days on market
52
Listings with a price cut
22.4%
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Homes for sale
413
Pending sales per 100 listings
51
Asking price per sq ft
$178
People and jobs
Median household income
$75,061
Population change (1 year)
+0.7%
Unemployment rate
4.0%
Show 4 more
Population
160,652
Income adjusted for cost of living
$79,346
Net moves in (IRS)
+604
Cost of living (US = 100)
94.6
Schools, risk and environment
School rating (1 to 10)
5.3
FEMA hazard risk score (0 to 100)
76.4
Unhealthy air days a year
0
Show 4 more
Flood risk score
84.3
Wildfire risk score
51.3
Walkability (1 to 20)
6.5
Road, rail and air noise
53 dB
Questions people ask
Is Chambersburg, PA overvalued?
Home prices in Chambersburg, PA are slightly above what local incomes have historically supported: fair value is about $276,705, so the area is 4.6% overvalued.
Is Chambersburg, PA a buyer's or seller's market?
Chambersburg, PA is a balanced market: homes take about 52 days to sell, listings are up 8% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Chambersburg, PA?
Home values in Chambersburg, PA are up 1.6% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Chambersburg, PA?
A household needs about $62,772 a year to afford the typical home in Chambersburg, PA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $75,061.