Real Estate Investing in York, Pennsylvania (17408)

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

York County • Population: 24,670 • Data updated: September 2026

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Should you buy in 17408 (York, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in York, PA (17408)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $300,393
Avg Monthly Rent $1,662
1% Rule ✗ Does Not Meet
Median Income $78,468
% Renters 29.4%

Market Analysis: 17408 York

From an investor standpoint, ZIP 17408 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $300K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 17408 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

The gap between 17408 and stronger York ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

From an investor standpoint, 24,670 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

tilts toward 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 York:

B Good
Buy Confidence Score: 73/100
Affordability
15/25
Appreciation
22/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Rising (+5.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,662/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
York-Hanover, PA Metro Area
Even conditions for buyers and sellers
23 days
Average time to sell
Fast
12.1%
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 York-Hanover, PA metro data
🏠

Property Strategy for 17408

Which property type performs best in this market?

Best for Cash Flow
3BR
6.0% cap rate
Best for Appreciation
2BR
+8.5% 5yr CAGR
Best Overall Value
5BR
$87,313/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $217,399 $1,700 5.6% +8.5% $108,699
3BR $275,928 $2,290 6.0% +8.3% $91,976
4BR $383,528 $2,360 4.4% +7.5% $95,882
5BR $436,565 +7.5% $87,313

Market Trends

Home Value History (with trend line)

$314K$279K$245K$211K$176K$142KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,701$1,672$1,643$1,614$1,585$1,555Dec 2025Apr 2026Jul 2026

📊 How Does 17408 Compare?

Metric 17408 York York-Hanover, PA Pennsylvania
Home Value $300,393 $260,757 N/A $278,018
5-Year CAGR 6.1% 7.4% N/A 6.3%
Avg Rent $1,662 $1,464 N/A -
Cap Rate 4.3% 4.5% - -
💡 Why Invest in 17408? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 17408 (York, PA). Anonymous, moderated, never written by AI.

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Property managers serving York County

Manage rentals here? List your business →

Property Management Enterprises, Llc, also known as The Apartment Gallery, provides full-service residential rental real estate management for apartment, townhome, manufactured housing, and single-fam summary from their website

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

Sherman Property Management offers property management and rentals for apartments, efficiencies, houses, townhouses, and commercial properties in York and Hanover, PA. summary from their website

Single-familySmall multifamilyCommercial
Unclaimed — is this your business? Claim it free

Burkentine Property Management offers rentals in Hanover, PA. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
4.3%
Fair
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $300,393
Monthly Rent $1,662
Price-to-Rent 15.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.6%
Cap Rate 4.3%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +5.0% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +6.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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
2.9%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.1%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 17408

Population: 24,670

💰 Median Household Income
$78,468
This area
$78,468
State
$73,647
USA
$74,580
🏠 Renter Occupied
29.4%
This area
29.4%
State
23.0%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-7.4%
USA
3.7%
🎓 College Educated
26.3%
This area
26.3%
State
12.3%
USA
33.7%
👤 Median Age
44.6 years
This area
44.6 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
2.9%
This area
2.9%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 84.6%
Other/Mixed 7.6%
Black/African American 4.2%
Hispanic/Latino 3.7%
Asian 3.6%
👶 Under 18
20.0%
This area
20.0%
USA
22.0%
👴 65 and Over
20.7%
This area
20.7%
USA
17.3%
📊 Poverty Rate
2.8%
This area
2.8%
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

🎓 Schools in 17408

A+ Avg School Grade
3 Schools
15.1:1 Avg Class Size
$22,711 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Trimmer El Sch

📚 02 – 05 Elementary
👥
430 Students
👨‍🏫
13.6:1 Class Size
💰
$23,695 Per Student
A+ Excellent

Wallace El Sch

📚 Pre-K – 01 Elementary
👥
439 Students
👨‍🏫
14.6:1 Class Size
💰
$23,695 Per Student
A Very Good

New Salem El Sch

📚 K – 04 Elementary
👥
413 Students
👨‍🏫
17.1:1 Class Size
💰
$20,742 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

7 Nearby 313 Off-Campus Students
C
York College of Pennsylvania
3,720 students · 4.0 mi
C
World A Cuts Barber Institute
30 students · 4.4 mi
D
Pennsylvania State University-Penn State York
707 students · 5.4 mi
C+
York County School of Technology-Adult & Continuing Education
288 students · 6.2 mi
C
Empire Beauty School-York
95 students · 7.2 mi
D
YTI Career Institute-York
497 students · 8.5 mi
C
Empire Beauty School-Hanover
50 students · 13.0 mi

Frequently Asked Questions

How does York, PA rate as a rental market?

York, PA scores 3.0/5 for investability. Home values sit at $300K and rents near $1,662/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

How much is rent in York, PA?

York, PA rentals go for roughly $1,662/mo a month. That puts gross yield in solid territory relative to $300K acquisition costs.

What is the renter demographic in York, PA?

York, PA offers a predictable renter base at the $1,662/mo rent level. Tenant turnover is reasonable for well-managed properties.

What is the smart move for investors in York, PA?

In York, PA the significant play is typically careful cash-flow rentals with hands-on management. The combination of $300K prices and $1,662/mo rents suits that approach.

How tight is the rental market in York, PA?

York, PA carries elevated vacancy risk. Expect measured absorption at market rents of $1,662/mo.

You know 17408 now. You don’t know where it ranks.

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How 17408 ranks in York-Hanover, PA

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