Zip 17055 (Mechanicsburg, PA) Housing

The housing market in 17055 Mechanicsburg, PA is thriving. According to the data, the median value of a house in this area is $305,400 which is significantly lower than the US average of $338,100. However, this area has experienced higher appreciation rates over the past year than the national average at 12.41%, compared to 8.27%. This indicates that real estate investments in this area could be profitable given its lower price and potential for growth.

The median home cost in Mechanicsburg (zip 17055) is $305,400. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Mechanicsburg (zip 17055) is up 14.0%.

Average Age of Homes

- The median age of Mechanicsburg (zip 17055) real estate is 40 years old

The Rental Market in Mechanicsburg (zip 17055)

- Renters make up 28.6% of the Mechanicsburg (zip 17055) population
- 0.7% of houses and apartments in Mechanicsburg (zip 17055), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mechanicsburg, Pennsylvania	United States
	18,085.0	139,647,020.0
	39	42
	$305,400	$338,100
	14.0%	16.6%
	45.2%	57.0%
	56.4%	101.1%
	$15.41	$10.98
	$3,377	$2,690
	68.3%	57.4%
	4.3%	11.2%
	27.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.9%	0.4%
	0.1%	0.7%
	0.4%	0.4%
	0.0%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.9%	2.4%
	0.6%	2.8%
	1.2%	3.9%
	2.8%	4.5%
	13.2%	11.3%
	22.6%	13.0%
	29.1%	20.1%
	13.7%	13.6%
	8.6%	8.3%
	4.5%	9.7%
	0.5%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	8.8%	13.6%
	16.6%	13.2%
	14.5%	14.8%
	8.8%	13.6%
	5.8%	10.0%
	3.4%	4.7%
	12.4%	12.2%

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