Chambersburg, PA Housing Market
AI-powered market intelligence for the Chambersburg, PA metro area.
PropertyIQ Scores
Chambersburg, PA Market Analysis
Market Overview
Chambersburg, PA’s PropertyIQ Score of 57 out of 100 places it in a moderate range. The market is not showing the hallmarks of a strong seller’s market, but it also avoids the stress of a weak market. The median home value is $290,668, nearly identical to the Pennsylvania state average of $290,401. Median household income is $77,003, also close to the state average of $77,971. Unemployment is 3.2%, below the state average of 3.9%. These benchmarks suggest Chambersburg is broadly in line with or slightly better than state-level economic conditions.
The market’s score drivers reveal a split between longer-term gains and recent softening. The 12-month home value momentum of 4.46% shows prices rose over the past year, but the 3-month momentum of -0.66% and a year-over-year home value change of $-2 indicate that momentum has leveled off. With a median of 50 days on market and 17.9% of listings showing a price cut, the market appears balanced but cautious. The rent index of $1,346 is notable because it sits above the state average of $1,209, which may reflect stronger local rental demand.
Key Trends
First, price momentum is cooling. The 12-month home value momentum was 4.46%, but the 3-month figure was -0.66%, and the year-over-year home value change was $-2. This combination indicates that most appreciation occurred earlier in the period and that recent months have flattened or slightly reversed.
Second, the rental market looks stronger than the state benchmark. The rent index is $1,346, compared with $1,209 statewide. That $137 gap gives Chambersburg a rental market that may attract attention, especially because the median home value is only slightly above the state average.
Third, inventory and time on market point to a balanced environment. There are 415 homes for sale, and the median days on market is 50 days. The share of listings with a price cut is 17.9%, meaning some sellers are adjusting asking prices. This is not extreme, but it signals that buyers have some negotiating room.
Fourth, local employment is steady. The unemployment rate is 3.2%, below the state average of 3.9%. Median household income is $77,003, just under the state average of $77,971. That slight income gap may keep affordability in check even though home values are near state levels.
Who Is This Market For
Chambersburg may suit first-time buyers and long-term owner-occupants who want a stable market rather than fast appreciation. The median home value of $290,668 is close to the state average, and unemployment is lower than the state rate, which can support steady homeownership demand. However, the recent 3-month momentum of -0.66% and the year-over-year change of $-2 suggest buyers should not expect quick equity gains.
Rental property investors may also find the market worth a look because the rent index of $1,346 is higher than the state average of $1,209, while the median home value is only slightly above the Pennsylvania median. Move-up buyers and those looking for selection may benefit from 415 homes for sale and a 17.9% share of listings with price cuts, which can create opportunities to negotiate. The market is less tailored to short-term flippers because the near-term price data does not show strong upward momentum.
Outlook
The data supports a cautious, stable outlook for Chambersburg. The positive 12-month home value momentum of 4.46% shows that the market has had underlying demand, but the -0.66% three-month momentum and $-2 year-over-year home value change point to flattening prices. A median days on market of 50 and a price-cut share of 17.9% suggest sellers may need to remain realistic on pricing. Low unemployment of 3.2% and a rent index above the state average may help support activity, but population growth data is not available, so demographic-driven demand cannot be assessed. Overall, the numbers suggest a market that is likely to remain moderate rather than accelerate sharply in either direction.
AI-generated analysis based on current market data. Last updated October 1, 2026.
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Chambersburg, PA market data
Chambersburg, PA Housing Market Overview
Chambersburg, PA's median home value is $291K, up 4.5% over the past year. Homes here sell in a median 50 days. Its PropertyIQ Score of 57 sits right around the state average of 50.
PropertyIQ tracks the Chambersburg, PA housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this PA market is set to perform against its state benchmark.
The Mid-Atlantic corridor benefits from proximity to major financial centers and government institutions. Housing markets in this region balance urban density with suburban expansion, creating varied opportunities from walkable city neighborhoods to rapidly growing exurbs. Within the Mid-Atlantic, Chambersburg, PA's PropertyIQ Score of 57 tracks near the Mid-Atlantic norm.
Pennsylvania's housing market spans from Philadelphia's dense urban neighborhoods to Pittsburgh's tech-driven renaissance and rural communities in between, offering diverse investment profiles at various price points.
Each month, PropertyIQ updates its score for Chambersburg, PA using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state. Momentum here has been positive, with home values up 4.5% over the past year.
Use PropertyIQ's interactive analytics to compare Chambersburg, PA against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Chambersburg, PA metro area
ZIP codes in the Chambersburg, PA metro area
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Chambersburg, PA a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Chambersburg, PA currently scores 57, a steady-momentum reading that leaves it tracking close to its state average. For buyers, a balanced market means neither side holds a decisive edge, giving you time to shop carefully without racing the clock. Backing that up, the median home value here is $291K, up 4.5% over the past year. So whether Chambersburg, PA is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Chambersburg, PA?
Chambersburg, PA's PropertyIQ Score is 57, indicating steady momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 57 places Chambersburg, PA above its state benchmark.
Are home prices in Chambersburg, PA rising or falling?
Home prices in Chambersburg, PA are rising. Over the past year, the median home value increased 4.5%, reaching $291K. Over the latest three months, values slipped 0.7%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Chambersburg, PA's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Chambersburg, PA?
In Chambersburg, PA, homes sell in a median of 50 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 18% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Chambersburg, PA market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.