Location: York-Hanover, PA | Metro: York-Hanover, PA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,630 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,230 | $226,819 | 0.54% | F |
| 3BR | $1,630 | $285,652 | 0.57% | F |
| 4BR | $1,710 | $392,083 | 0.44% | F |
U.S. Census Bureau data (2024)
The real estate market in Wrightsville, PA (ZIP 17368), is poised to maintain its current pricing power over the next 12-24 months. The median home value stands at $274,061, indicating a stable residential property market. Despite the lack of specific data on the percentage of listings that have been reduced and the median days on market (DOM), the median home value suggests that the market is not experiencing significant downward pressure on prices.
On the rental side, the Fair Market Rent (FMR) for ZIP 17368 is set at $1,020 for fiscal year 2024, which is notably lower than the current market rate of $1,142 according to the Census ACS. This discrepancy signals that there is room for rents to potentially stabilize or slightly decrease towards the FMR level, but it also reflects the current demand for rental properties in the area. Landlords and small-portfolio investors should expect to see steady rental income without the need for frequent price adjustments.
Long-term hold investors should consider the appreciation potential in Wrightsville. Given the current median home value and the absence of significant reductions in listing prices, appreciation is likely to remain modest. However, the area's proximity to York and Lancaster, PA, and its appeal as a suburban location near the Susquehanna River, could support gradual value increases due to its desirability. Realistic appreciation expectations would be tied to broader regional economic trends and local infrastructure developments rather than speculative growth.
The setup implied by the available data suggests that Wrightsville will continue to attract both homeowners and renters interested in its blend of suburban living and access to nearby urban amenities. Investors should focus on maintaining their properties to ensure they remain competitive in both the sale and rental markets, given the steady demand and moderate appreciation potential.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.