Real Estate Investing in Ickesburg, Pennsylvania (17037)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Perry County • Population: 1,140 • Data updated: September 2026

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Should you buy in 17037 (Ickesburg, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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
1 flag
  • High vacancy: 38.8% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Ickesburg, PA (17037)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $250,441
Avg Monthly Rent $963
1% Rule ✗ Does Not Meet
Median Income $59,792
% Renters 20.4%

Market Analysis: 17037 Ickesburg

In practical terms, ZIP 17037 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $250K median. It rewards specialists, not generalists.

The investment case in 17037 is notable only for operators who understand what they are buying. A $250K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 17037 sits on the difficult end of the PA spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.

Who lives in 17037 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

appears 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Ickesburg:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Rising (+6.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $963/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Harrisburg-Carlisle, PA Metro Area
Even conditions for buyers and sellers
21 days
Average time to sell
Fast
11.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Harrisburg-Carlisle, PA metro data

Market Trends

Home Value History (with trend line)

$261K$237K$214K$190K$167K$143KFeb 2009Nov 2017Jul 2026

📊 How Does 17037 Compare?

Metric 17037 Ickesburg Harrisburg-Carlisle, PA Pennsylvania
Home Value $250,441 $250,441 N/A $278,018
5-Year CAGR 3.1% 3.1% N/A 6.3%
Avg Rent $963 $963 N/A -
Cap Rate 3.0% 3.0% - -
💡 Why Invest in 17037? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 17037 (Ickesburg, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+3.1%
Moderate

📊 Market Snapshot

Home Value $250,441
Monthly Rent $963
Price-to-Rent 21.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +6.6% ▲
3-Year CAGR +1.0% ▲
5-Year CAGR +3.1% ▲
10-Year CAGR +4.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
38.8%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.1%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 17037

Population: 1,140

💰 Median Household Income
$59,792
This area
$59,792
State
$73,647
USA
$74,580
🏠 Renter Occupied
20.4%
This area
20.4%
State
23.0%
USA
34.0%
💼 Unemployment Rate
1.9%
This area
1.9%
State
-7.4%
USA
3.7%
🎓 College Educated
5.5%
This area
5.5%
State
12.3%
USA
33.7%
👤 Median Age
24.0 years
This area
24.0 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
38.8%
This area
38.8%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 98.9%
Hispanic/Latino 1.1%
Other/Mixed 1.1%
👶 Under 18
37.9%
This area
37.9%
USA
22.0%
👴 65 and Over
10.2%
This area
10.2%
USA
17.3%
📊 Poverty Rate
6.8%
This area
6.8%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby 15 Off-Campus Students
C+
Mifflin County Academy of Science and Technology
38 students · 13.6 mi

Frequently Asked Questions

How deep is the rental pool in Ickesburg, PA?

The tenant pool in Ickesburg, PA is solid, supported by local employment and population fundamentals. Rents of $963/mo are well-absorbed by the market.

What kind of market is Ickesburg, PA for investors?

Our data puts Ickesburg, PA at 3.0/5 for investability. Home prices of $250K and rents around $963/mo create a solid backdrop for investor activity.

What is the median home value in Ickesburg, PA?

Expect median prices around $250K in Ickesburg, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

Is house hacking profitable in Ickesburg, PA?

House hacking in Ickesburg, PA is reasonable to execute. Prices around $250K and rents of $963/mo solid owner-occupant economics.

How landlord-friendly is Ickesburg, PA?

Landlord-friendliness in Ickesburg, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

You know 17037 now. You don’t know where it ranks.

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How 17037 ranks in Harrisburg-Carlisle, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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