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Featured local agent — Hershey, PA
Sarah Mitchell
Compass Real Estate · Hershey, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hershey, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$462,500median sale price
How is the Hershey, PA housing market right now?
The median home sale price in Hershey, PA is $462,500, up 6.9% year-over-year. Homes sell in an average of 10 days with 18 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hershey a buyer's or seller's market?
Hershey, PA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
10
Fast-moving
Active listings
18
1.0 months supply
Sale-to-list
99.5%
Below asking
What does the Hershey housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $462,500 |
| Median list price | $535,000 |
| Year-over-year price change | +6.9% |
| Average days on market | 10 days |
| Active inventory | 18 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $211/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 9 |
| Listings with a price cut | 72.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hershey by property type?
How the Hershey, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $520,000 | $259/sq ft | 11 | 9 days |
| Condo / Co-op | $219,900 | $162/sq ft | 1 | 4 days |
| Townhouse | $331,000 | $188/sq ft | 6 | 10 days |
Source: Redfin · Updated monthly
The Hershey housing market is currently classified as a strong seller's market with a median sale price of $462,500. Prices have risen 6.9% compared to last year, with homes spending an average of 10 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Hershey
There are currently 18 homes listed for sale in Hershey, Pennsylvania. The median listing price is $535K.
Active listings
18
Homes on market
Median list price
$535K
Avg. days on market
10
Days until sale
New this week
9
Newly listed
Who lives in Hershey?
Population
14,334
Median income
$78,750/yr
Median age
45.2 years
Owner-occupied
54.9%
College grads
49.1%
Avg commute
16.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Hershey?
Zillow home value
$413,691
Zillow rent index
$1,941/mo
Price-to-rent ratio
17.8x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Hershey?
Hershey is a community of approximately 14K residents with a median age of 45.2 years.The median household income is $78,750, which reflects a relatively affluent area with strong earning potential. 49.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 54.9%, showing a blend of owner and renter-occupied properties. The average commute time is 16.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hershey offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hershey?
6 schools tracked · 3,510 students
The largest public schools serving Hershey, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hershey HS
Grades 9-12 · 1,079 students
Hershey MS
Grades 6-8 · 741 students
Hershey Intrmd El Sch
Grades 4-5 · 467 students
Hershey Primary El Sch
Grades 2-3 · 444 students
Hershey Early Childhood Ctr
Grades K-1 · 407 students
South Hanover El Sch
Grades K-5 · 372 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hershey, PA?
Want a head-to-head view? Compare Hershey side-by-side with any other U.S. city using our market-comparison tool.
Is Hershey a good real estate investment market?
For investors evaluating Hershey, the price-to-rent ratio of 17.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hershey's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hershey's median home price.
Frequently asked questions
What is the average home price in Hershey?
The median home sale price in Hershey is $462,500, up 6.9% from last year.
How long do homes stay on market in Hershey?
Homes typically spend 10 days on market before going under contract.
What is the median income in Hershey?
The median household income is $78,750 per year.
Is Hershey a buyer's or seller's market?
With 1.0 months of supply, Hershey is currently a strong seller's market.
What is the Zillow home value estimate for Hershey?
The Zillow Home Value Index (ZHVI) for Hershey is $413,691, representing the typical home value in the area.
What is the median condo price in Hershey?
The median condo/co-op sale price in Hershey, PA is $219,900, compared to $520,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hershey?
The median single-family home price in Hershey, PA is $520,000 (about $259 per square foot).
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