Real Estate Investing in Blue Ridge Summit, Pennsylvania (17214)

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

Franklin County • Population: 1,162 • Data updated: September 2026

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Should you buy in 17214 (Blue Ridge Summit, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.1% 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 Blue Ridge Summit, PA (17214)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $284,769
Avg Monthly Rent $972
1% Rule ✗ Does Not Meet
Median Income $55,080
% Renters 53.8%

Market Analysis: 17214 Blue Ridge Summit

The 17214 ZIP covers a section of Blue Ridge Summit that demands careful diligence. Prices near $285K look accessible, but the work to make a deal cash flow is real.

The 17214 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader PA picture, 17214 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 17214 includes headwinds that any investor should price in. Income distribution skews lower than Blue Ridge Summit averages, and tenant stability requires active management.

Experienced landlords with local relationships tend to find 17214 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Blue Ridge Summit:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.2× the median income
Value Trend
Rising (+9.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $972/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
Chambersburg-Waynesboro, PA Metro Area
Even conditions for buyers and sellers
37 days
Average time to sell
Average
9.7%
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 Chambersburg-Waynesboro, PA metro data

Market Trends

Home Value History (with trend line)

$290K$276K$262K$248K$234K$221KFeb 2022May 2024Jul 2026

📊 How Does 17214 Compare?

Metric 17214 Blue Ridge Summit Chambersburg-Waynesboro, PA Pennsylvania
Home Value $284,769 $284,769 N/A $278,018
5-Year CAGR N/A N/A N/A 6.3%
Avg Rent $972 $972 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 17214? Click to expand

54% of households rent in this area, creating consistent tenant demand for landlords.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 17214 (Blue Ridge Summit, PA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.7%
Low

📊 Market Snapshot

Home Value $284,769
Monthly Rent $972
Price-to-Rent 24.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.7%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +9.9% ▲
3-Year CAGR +5.3% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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
13.1%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 17214

Population: 1,162

💰 Median Household Income
$55,080
This area
$55,080
State
$73,647
USA
$74,580
🏠 Renter Occupied
53.8%
This area
53.8%
State
23.0%
USA
34.0%
💼 Unemployment Rate
0.1%
This area
0.1%
State
-7.4%
USA
3.7%
🎓 College Educated
24.3%
This area
24.3%
State
12.3%
USA
33.7%
👤 Median Age
43.2 years
This area
43.2 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
13.1%
This area
13.1%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 93.1%
Other/Mixed 4.8%
Black/African American 2.1%
👶 Under 18
22.0%
This area
22.0%
USA
22.0%
👴 65 and Over
22.5%
This area
22.5%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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

5 Nearby 1,384 Off-Campus Students
C
Pennsylvania State University-Penn State Mont Alto
588 students · 7.5 mi
C
Mount St. Mary's University
2,499 students · 7.8 mi
C
Hagerstown Community College
5,433 students · 13.2 mi
D
United Lutheran Seminary
258 students · 13.3 mi
B
Gettysburg College
2,895 students · 13.8 mi

Investor Insight: With 1,384 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Do landlords face vacancy issues in Blue Ridge Summit, PA?

Expect elevated vacancy in Blue Ridge Summit, PA. Rents at $972/mo are absorbed by the tenant base without meaningful lag.

What do landlords charge for rent in Blue Ridge Summit, PA?

Rent in Blue Ridge Summit, PA is around $972/mo. The resulting rent-to-value relationship with $285K pricing is reasonable for most investor models.

How strong is the working-renter base in Blue Ridge Summit, PA?

The renter base in Blue Ridge Summit, PA is reasonable for the $972/mo price point. Screening well and pricing to market typically yields even-keeled tenants.

Which real estate strategy fits Blue Ridge Summit, PA?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Blue Ridge Summit, PA. The numbers - $285K homes against $972/mo rents - support that play.

How does Blue Ridge Summit, PA rate as a rental market?

Blue Ridge Summit, PA scores 2.0/5 for investability. Home values sit at $285K and rents near $972/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

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How 17214 ranks in Chambersburg-Waynesboro, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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