Location: Lancaster, PA | Metro: Lancaster, 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 | $1,000 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,790 |
| 4 Bedrooms | $1,820 |
| 5 Bedrooms | $2,111 |
| 6 Bedrooms | $2,364 |
| 7 Bedrooms | $2,553 |
| 8 Bedrooms | $2,681 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,790 | $418,691 | 0.43% | F |
| 4BR | $1,820 | $574,638 | 0.32% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 17572 suggests a balanced market with implications for both pricing power and investment strategy over the next 12-24 months. With a median home value set at $495,100, there is a clear indication that the area commands a premium price point, reflecting a robust housing market where property values are generally high.
The absence of data on the percentage of listings that have been reduced and the median days on market (DOM) indicates a stable market with little fluctuation in listing prices or sales velocity. This stability is crucial for landlords and small-portfolio investors as it signals a predictable environment where significant drops in property values are unlikely. However, it also means that achieving rapid price increases through speculative buying may be challenging.
On the rental side, the Fair Market Rent (FMR) for ZIP 17572 in fiscal year 2024 is projected at $1,160, which contrasts with the current market rent of $1,015 based on Census ACS data. This gap suggests an upward pressure on rents, potentially benefiting landlords who can adjust their rental rates to align with the FMR without losing tenants. The rental market's trajectory implies a gradual increase in rental income, supporting a long-term investment strategy.
For long-hold investors, the realistic appreciation thesis revolves around the expectation of steady growth rather than explosive gains. The combination of a high median home value and the potential for rent increases provides a solid foundation for maintaining and even slightly increasing property values over time. However, the lack of recent reductions in listing prices and the unknown DOM figures caution against expecting significant short-term appreciation. Instead, the data points towards a scenario where properties retain their value well and offer consistent returns through rental income, making ZIP 17572 a reliable choice for those looking to invest in a stable real estate market.
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.