Mechanicsburg, PA


Highest Appreciating Mechanicsburg Neighborhoods Since 2000

Mechanicsburg, PA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Mechanicsburg Housing Market Information

With a population of 8,999, 3,994 total housing units (homes and apartments), and a median house value of $186,173, Mechanicsburg real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Mechanicsburg, accounting for 56.32% of the borough's housing units. Other types of housing that are prevalent in Mechanicsburg include row houses and other attached homes ( 18.44%), duplexes, homes converted to apartments or other small apartment buildings ( 12.71%), and a few large apartment complexes or high rise apartments ( 12.52%).

The most prevalent building size and type in Mechanicsburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 62.98% owning and 37.02% renting.

The housing in Mechanicsburg was primarily built before 1939 ( 39.68%), making the housing stock in Mechanicsburg some of the oldest overall in America, although there is a range of ages of homes in Mechanicsburg. The next most important housing age is between 1940-1969 ( 30.21%), followed by between 1970-1999 ( 25.52%). There's also some housing in Mechanicsburg built between 2000 and later ( 4.59%).

Mechanicsburg Home Appreciation Rates

Appreciation rates for homes in Mechanicsburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.13%, which ranks in the top 50% nationwide. This equates to an annual average Mechanicsburg house appreciation rate of 0.11%.

NeighborhoodScout's data show that during the latest twelve months, Mechanicsburg's appreciation rate, at 3.97%, has been at or slightly above the national average. In the latest quarter, Mechanicsburg's appreciation rate has been -0.92%, which annualizes to a rate of -3.65%.

Notably, Mechanicsburg's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Pennsylvania, our data show that Mechanicsburg's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Mechanicsburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mechanicsburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Mechanicsburg real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Mechanicsburg, PA HOME PRICES

Value Range
> $1,049,000 0.0
$786,001 - $1,049,000 0.0
$524,001 - $786,000 0.0
$419,001 - $524,000 0.4
$314,001 - $419,000 2.9
$210,001 - $314,000 17.4
$105,001 - $210,000 76.0
$52,001 - $105,000 2.1
$0 - $52,000 1.2

High for PA
High for Nation

Value Relative to Nation Value Relative to State
35.9838274932615 24.1545893719807

Number Of Homes And Apartments:

Mechanicsburg Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
42.15% 2.06% 5 5
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,094 / per month

Homeownership Rate

Owners 62.98
Renters 37.02
Vacant 5.45

Housing Market Details


Age of Homes

AGE OF Mechanicsburg HOMES
2000 or Newer 4.6
1970 - 1999 25.5
1940 - 1969 30.2
1939 or Older 39.7

Types of Homes

TYPE OF Mechanicsburg HOMES
Single-Family 56.3
Townhomes 18.4
Small Apt. Buildings 12.7
Apt. Complexes 12.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mechanicsburg HOMES
No Bedroom 1.40
1 Bedroom 12.38
2 Bedrooms 31.37
3 Bedrooms 38.16
4 Bedrooms 15.06
5 or more bedrooms 1.63