Real Estate Market Update for 17055 (Mechanicsburg, PA)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 31% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 98%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 230-thousand dollars. The number of units sold decreased 40% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 17055 (Mechanicsburg, PA)
Area Information for 17055 (Mechanicsburg, PA)
  • Population: 36,608
  • Median Age: 43.86 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 878/sq mi
  • Population Change Since 2000: 17.59%
  • Closest Airport: Harrisburg International
  • Closest College: Messiah College
  • Closest Jr. College: Harrisburg Area Community College
  • Median Household Income: $64,040
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $170,000
  • Closest Major Sports Team: Harrisburg Senators (aa)
  • Change Avg. Household Income Since 2000: 34.79%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 17055 (Mechanicsburg, PA)
Median Age: 43.86 Married: 46% Number of Households: 15,707 Households with Children: 4,095
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 17055 (Mechanicsburg, PA)

      School Name Distance Type Grades School Rating Parent Rating
      Mechanicsburg Area Senior High School 0.3 mi Public 9-12 3 4
      Broad Street Elementary School 0.4 mi Public 1-5 4 0
      Elmwood El School 0.4 mi Public 1-5 4 0
      St Joseph School 0.6 mi Catholic PRESCHOOL-8 0 0
      Kindergarten Center At Filbert St 0.7 mi Public K-K 0 0
      Northside Elementary School 0.8 mi Public 1-5 3 0
      Kinder Care Learning Center 1.9 mi Private PRESCHOOL-K 0 0
      Upper Allen Elementary School 1.9 mi Public 3-5 4 0
      Mechanicsburg Middle School 2.0 mi Public 6-8 4 0
      Hill Top Academy 2.1 mi Public K-12 0 0
      Shepherdstown Elementary School 2.1 mi Public 1-2 0 0
      The Goddard School 2.5 mi Private PRESCHOOL-K 0 0
      Rossmoyne Elementary School 3.1 mi Public 3-5 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 17055 (Mechanicsburg, PA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.