Real Estate Investing in Waynesboro, Pennsylvania

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1 ZIP codes • Population: 29,096 • Franklin County

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Should you buy in Waynesboro, PA? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.3% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $280,024
Avg Monthly Rent $1,395
ZIP Codes 1

Investing in Waynesboro Real Estate

With a sizable population across 1 ZIPs, Waynesboro shows the kind of thin fundamentals that keep most out-of-state capital on the sidelines.

Waynesboro is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

clearly Waynesboro's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

The 0% renter share in Waynesboro masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Chambersburg-Waynesboro, PA

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$280,024
Avg Monthly Rent
$1,395
1% Rule
✗ Below
Landlord Friendly (PA)

Neighborhoods in Waynesboro

ZIP Codes in Waynesboro, PA

Screen every ZIP in Waynesboro

Filter Waynesboro’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Waynesboro, PA

What is the typical home price in Waynesboro, PA?

Homes in Waynesboro, PA typically sell near $280K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

Are tenants stable in Waynesboro, PA?

Waynesboro, PA draws a reliable base of working renters. Demand at the $1,395/mo rent level is reasonable for standard single-family and small multi rentals.

Is Waynesboro, PA a smart market for rental property?

The 3.0/5 investability rating in Waynesboro, PA reflects its $280K prices and $1,395/mo rents. Investors generally consider it a solid option within PA.

Does house hacking work in Waynesboro, PA?

House hacking works a challenging in Waynesboro, PA. Rents of $1,395/mo against $280K acquisition make the strategy solid for owner-occupants.

What is the rental occupancy rate in Waynesboro, PA?

Waynesboro, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

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