Real Estate Investing in Upper Strasburg, Pennsylvania (17265)

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

Franklin County • Population: 307 • Data updated: September 2026

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Should you buy in 17265 (Upper Strasburg, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (39/100)

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: 32.5% of homes vacant — above national norms.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Upper Strasburg, PA (17265)?

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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 $231,774
Avg Monthly Rent $1,152
1% Rule ✗ Does Not Meet
Median Income $51,875
% Renters 27.8%

Market Analysis: 17265 Upper Strasburg

Not every below-median market is a bargain. Upper Strasburg's 17265 ZIP sits at signals that favor experienced operators who can absorb the risk $232K pricing implies.

Distressed markets are won on execution, not on spreadsheets. ZIP 17265 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within PA, ZIP 17265 trails on several market indicators that neighboring Franklin County submarkets outperform. The gap is real and resilient enough to shape underwriting.

Demographically, 17265 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The 17265 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Upper Strasburg:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+8.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,152/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)

$238K$227K$216K$206K$195K$184KFeb 2022May 2024Jul 2026

📊 How Does 17265 Compare?

Metric 17265 Upper Strasburg Chambersburg-Waynesboro, PA Pennsylvania
Home Value $231,774 $231,774 N/A $278,018
5-Year CAGR N/A N/A N/A 6.3%
Avg Rent $1,152 $1,152 N/A -
Cap Rate 3.9% 3.9% - -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 17265 (Upper Strasburg, PA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.9%
Low

📊 Market Snapshot

Home Value $231,774
Monthly Rent $1,152
Price-to-Rent 16.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.0%
Cap Rate 3.9%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +8.8% ▲
3-Year CAGR +4.1% ▲
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: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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
32.5%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 17265

Population: 307

💰 Median Household Income
$51,875
This area
$51,875
State
$73,647
USA
$74,580
🏠 Renter Occupied
27.8%
This area
27.8%
State
23.0%
USA
34.0%
💼 Unemployment Rate
5.0%
This area
5.0%
State
-7.4%
USA
3.7%
🎓 College Educated
6.1%
This area
6.1%
State
12.3%
USA
33.7%
👤 Median Age
43.9 years
This area
43.9 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
32.5%
This area
32.5%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 97.7%
Asian 2.3%
👶 Under 18
24.1%
This area
24.1%
USA
22.0%
👴 65 and Over
24.1%
This area
24.1%
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

4 Nearby 891 Off-Campus Students
C
Triangle Tech-Chambersburg
63 students · 7.5 mi
C
Wilson College
1,694 students · 8.9 mi
D
Franklin County Career and Technology Center
51 students · 10.9 mi
C+
Shippensburg University of Pennsylvania
5,184 students · 13.3 mi

Investor Insight: With 891 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the median home value in Upper Strasburg, PA?

Expect median prices around $232K in Upper Strasburg, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.

What do landlords charge for rent in Upper Strasburg, PA?

Expect rents around $1,152/mo per month in Upper Strasburg, PA. With home values at $232K, the yield math works out to reasonable levels for rental investors.

Is PA a landlord-friendly state?

The landlord environment in Upper Strasburg, PA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What kind of market is Upper Strasburg, PA for investors?

Investors tracking Upper Strasburg, PA will find a 2.0/5 rating supported by $232K median home values and $1,152/mo rents. That profile suits long-term holders targeting consistent returns.

How deep is the rental pool in Upper Strasburg, PA?

Expect a solid tenant pool in Upper Strasburg, PA. The rental market absorbs $1,152/mo rents without meaningful friction.

You know 17265 now. You don’t know where it ranks.

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How 17265 ranks in Chambersburg-Waynesboro, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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