Real Estate Investing in Shermans Dale, Pennsylvania (17090)

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

Perry County • Population: 5,342 • Data updated: September 2026

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Should you buy in 17090 (Shermans Dale, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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 price-to-rent: Price-to-rent ratio 30.2 — 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 Shermans Dale, PA (17090)?

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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 $339,487
Avg Monthly Rent $936
1% Rule ✗ Does Not Meet
Median Income $71,832
% Renters 17.6%

Market Analysis: 17090 Shermans Dale

The 17090 ZIP covers a section of Shermans Dale that demands careful diligence. Prices near $339K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 17090 can be a a solid fit for hunting ground — but the discount at $339K reflects genuine risk that outside investors often underestimate.

Statewide comparisons place 17090 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Resident income in 17090 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

New investors are better served looking at Shermans Dale's stable or hybrid ZIPs before stepping into 17090. The learning curve here is expensive when the lesson is wrong.

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 Shermans Dale:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
18/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Rising (+4.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $936/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)

$351K$318K$285K$253K$220K$187KFeb 2009Nov 2017Jul 2026

📊 How Does 17090 Compare?

Metric 17090 Shermans Dale Harrisburg-Carlisle, PA Pennsylvania
Home Value $339,487 $339,487 N/A $278,018
5-Year CAGR 4.4% 4.4% N/A 6.3%
Avg Rent $936 $936 N/A -
Cap Rate 2.2% 2.2% - -
💡 Why Invest in 17090? 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 17090 (Shermans Dale, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+4.4%
Moderate

📊 Market Snapshot

Home Value $339,487
Monthly Rent $936
Price-to-Rent 30.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.2%
5-Year IRR 6.6%

📈 Home Appreciation

1-Year +4.7% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +4.4% ▲
10-Year CAGR +4.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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.

Vacancy
5.4%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.4%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 17090

Population: 5,342

💰 Median Household Income
$71,832
This area
$71,832
State
$73,647
USA
$74,580
🏠 Renter Occupied
17.6%
This area
17.6%
State
23.0%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-7.4%
USA
3.7%
🎓 College Educated
17.5%
This area
17.5%
State
12.3%
USA
33.7%
👤 Median Age
48.8 years
This area
48.8 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
5.4%
This area
5.4%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 92.6%
Other/Mixed 6.9%
Hispanic/Latino 4.1%
Black/African American 0.5%
👶 Under 18
16.0%
This area
16.0%
USA
22.0%
👴 65 and Over
20.8%
This area
20.8%
USA
17.3%
📊 Poverty Rate
12.6%
This area
12.6%
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

🎓 Schools in 17090

A+ Avg School Grade
1 Schools
11.9:1 Avg Class Size
$20,873 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Carroll El Sch

📚 Pre-K – 05 Elementary
👥
332 Students
👨‍🏫
11.9:1 Class Size
💰
$20,873 Per Student
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

2 Nearby
B
Dickinson College
2,217 students · 8.8 mi
C+
Central Penn College
827 students · 13.2 mi

Frequently Asked Questions

Are homes affordable in Shermans Dale, PA?

Expect median prices around $339K in Shermans Dale, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

Are eviction rules reasonable in Shermans Dale, PA?

Rental owners in Shermans Dale, PA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How should investors approach Shermans Dale, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Shermans Dale, PA. With home values at $339K and rents near $936/mo, other strategies can work but produce consistent rather than outsized returns.

What kind of market is Shermans Dale, PA for investors?

Shermans Dale, PA rates 3.0/5 for investability. With median values at $339K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.

How deep is the rental pool in Shermans Dale, PA?

Shermans Dale, PA draws a stable base of working renters. Demand at the $936/mo rent level is reasonable for standard single-family and small multi rentals.

You know 17090 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 17090 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.

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How 17090 ranks in Harrisburg-Carlisle, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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