Real Estate Investing in Grantville, Pennsylvania (17028)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17028 (Grantville, PA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 25.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Grantville, PA (17028)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 17028 Grantville
Not every below-median market is a bargain. Grantville's 17028 ZIP clocks in at signals that favor experienced operators who can absorb the risk $384K pricing implies.
The 17028 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within PA, ZIP 17028 trails on several market indicators that neighboring Dauphin County submarkets outperform. The gap is real and robust enough to shape underwriting.
A robust renter share of 15% in 17028 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Grantville:
Property Strategy for 17028
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $285,018 | $1,390 | 3.5% | +8.3% | $142,509 |
| 3BR | $350,803 | $1,780 | 3.7% | +7.5% | $116,934 |
| 4BR | $468,763 | $1,870 | 2.9% | +8.2% | $117,191 |
Market Trends
Home Value History (with trend line)
📊 How Does 17028 Compare?
| Metric | 17028 | Grantville | Harrisburg-Carlisle, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $383,695 | $383,695 | N/A | $278,018 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 6.3% |
| Avg Rent | $1,251 | $1,251 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17028 (Grantville, PA). Anonymous, moderated, never written by AI.
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Property managers serving Dauphin County
Manage rentals here? List your business →Harrisburg Property Management Group. summary from their website
Midtown Property Management. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $383,695 |
| Monthly Rent | $1,251 |
| Price-to-Rent | 25.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 17028
Population: 3,331
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 17028
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,319 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How landlord-friendly is Grantville, PA?
PA law landlord-friendly for landlords, and Grantville inherits those rules. Investors should still review local ordinances for rental licensing.
Is real estate in Grantville, PA a good investment right now?
Our data puts Grantville, PA at 3.0/5 for investability. Home prices of $384K and rents around $1,251/mo create a solid backdrop for investor activity.
What is the median home value in Grantville, PA?
Grantville, PA home values average about $384K. That price point suits investors targeting rentals with $1,251/mo in monthly income.
Is Grantville, PA good for house hacking?
Grantville, PA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $384K price point reasonable to enter.
How strong is tenant demand in Grantville, PA?
Expect a solid tenant pool in Grantville, PA. The rental market absorbs $1,251/mo rents without meaningful friction.
You know 17028 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 17028 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 17028 ranks in Harrisburg-Carlisle, PA
Every ZIP in this metro, ranked. Free.
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