Metro area index
Home appreciation in the Chambersburg, PA metro area
FHFA HPI® data shows the Chambersburg, PA metro area's all-transactions index changed +3.4% over the year to Q2 2026, versus +4.7% for Pennsylvania and +3.0% for the U.S. That ranks 203rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.4%
- 5-year change
- +44.0%
- Since Q1 1995
- +215%
- Metro rank (1 year)
- 203rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Chambersburg, PA vs Pennsylvania and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Chambersburg, PA: 314.9
- Pennsylvania: 355.6
- United States: 391.6
Appreciation by time window
| Window | Metro | PA | U.S. | Gap vs PA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.4% | +4.7% | +3.0% | −1.3 pts | +0.3 pts |
| 3 years | +17.0% | +18.1% | +12.9% | −1.0 pts | +4.2 pts |
| 5 years | +44.0% | +44.2% | +41.3% | −0.3 pts | +2.7 pts |
| 10 years | +78.3% | +86.9% | +93.3% | −8.6 pts | −15.0 pts |
| Since Q1 1995 | +215% | +256% | +292% | −40.7 pts | −76.7 pts |
3-digit ZIP regions in the Chambersburg, PA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 172 · Chambersburg, PA area | PA | +3.7% | +43.8% | +222% | 73% |
Boom, bust, and recovery in Chambersburg, PA area
Chambersburg, PA area's index peaked in Q2 2007, fell 21.2% to its low in Q1 2014, and regained its peak in Q1 2021, about 13.8 years after the top. Today it sits +49.1% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2007 | Q1 2014 | -21.2% | Q1 2021 (13.8 yrs) | +49.1% |
| PA | Q1 2008 | Q2 2012 | -9.4% | Q2 2017 (9.2 yrs) | +83.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Chambersburg, PA area's index has changed +42.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | PA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.5% | +0.8% | -0.8% |
| 3 years | +9.8% | +6.6% | +7.5% | +2.8% |
| 5 years | +24.0% | +16.1% | +16.3% | +13.9% |
| 10 years | +39.1% | +28.2% | +34.4% | +39.0% |
| Since Q1 1995 | +121% | +42.2% | +60.6% | +76.8% |
If you bought in the Chambersburg, PA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +210% | $931,473 |
| Q2 2000 | +177% | $830,725 |
| Q2 2005 | +80.6% | $541,841 |
| Q2 2010 | +73.6% | $520,783 |
| Q2 2015 | +80.2% | $540,570 |
| Q2 2020 | +57.6% | $472,775 |
| Q2 2021 | +44.0% | $431,863 |
| Q2 2023 | +17.0% | $351,020 |
| Q2 2025 | +3.4% | $310,073 |
Frequently asked questions
- How much have home prices risen in the Chambersburg, PA area?
- FHFA HPI® data for the Chambersburg, PA metro area shows changes of +3.4% over one year, +44.0% over five years, and +78.3% over ten years to Q2 2026, and +215% since Q1 1995.
- Is the Chambersburg, PA area beating the national average?
- Over the past year the metro's index moved +0.3 pts versus the U.S.; over five years the gap is +2.7 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.