Real Estate Investing in Middletown, Pennsylvania (17057)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17057 (Middletown, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Middletown, PA (17057)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 17057 Middletown
The 17057 ZIP in Middletown, PA is a local-operator market. Outside capital chasing a $266K entry has to pair deep knowledge with the discount.
The investment case in 17057 is notable only for operators who understand what they are buying. A $266K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In practical terms, 17057 offers a low basis, the region around Middletown has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 17057 ZIP's population of 23,143 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Strategy in 17057 is an operator game, not a passive one. Put differently, entry prices of $266K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Middletown:
Property Strategy for 17057
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $198,828 | $1,450 | 5.3% | +9.5% | $99,414 |
| 3BR | $252,339 | $1,870 | 5.3% | +8.7% | $84,113 |
| 4BR | $333,778 | $1,920 | 4.1% | +8.4% | $83,444 |
| 5BR | $377,123 | — | — | +9.5% | $75,425 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 17057 Compare?
| Metric | 17057 | Middletown | Harrisburg-Carlisle, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $265,664 | $265,664 | N/A | $278,018 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 6.3% |
| Avg Rent | $1,351 | $1,351 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 17057 (Middletown, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 17057 (Middletown, PA)?
~25 seconds · no account needed · your report is anonymous
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 | $265,664 |
| Monthly Rent | $1,351 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | -1.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 17057
Population: 23,143
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 17057
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 5,924 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Middletown, PA?
Vacancy in Middletown, PA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,351/mo.
Is PA a landlord-friendly state?
For rental operators, Middletown, PA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Which investment style suits Middletown, PA?
For Middletown, PA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How qualified is the tenant pool in Middletown, PA?
Middletown, PA offers a reliable renter base at the $1,351/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Middletown, PA a smart market for rental property?
Investors tracking Middletown, PA will find a 3.0/5 rating supported by $266K median home values and $1,351/mo rents. That profile suits long-term holders targeting predictable returns.
You know 17057 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 17057 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 17057 ranks in Harrisburg-Carlisle, PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 17057 (Middletown)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 17057 (Middletown, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.