Metro area index
Home appreciation in the York-Hanover, PA metro area
FHFA HPI® data shows the York-Hanover, PA metro area's all-transactions index changed +6.1% over the year to Q2 2026, versus +4.7% for Pennsylvania and +3.0% for the U.S. That ranks 65th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.1%
- 5-year change
- +47.7%
- Since Q1 1995
- +211%
- Metro rank (1 year)
- 65th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
York-Hanover, PA vs Pennsylvania and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- York-Hanover, PA: 311.2
- 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 | +6.1% | +4.7% | +3.0% | +1.4 pts | +3.0 pts |
| 3 years | +19.6% | +18.1% | +12.9% | +1.6 pts | +6.8 pts |
| 5 years | +47.7% | +44.2% | +41.3% | +3.5 pts | +6.4 pts |
| 10 years | +90.3% | +86.9% | +93.3% | +3.4 pts | −3.0 pts |
| Since Q1 1995 | +211% | +256% | +292% | −44.4 pts | −80.4 pts |
3-digit ZIP regions in the York-Hanover, 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 |
|---|---|---|---|---|---|
| 174 · York, PA area | PA | +5.0% | +49.9% | +209% | 100% |
| 173 · Hanover, PA area | PA | +6.1% | +45.4% | +218% | 69% |
Boom, bust, and recovery in York-Hanover, PA area
York-Hanover, PA area's index peaked in Q4 2007, fell 17.9% to its low in Q3 2012, and regained its peak in Q2 2020, about 12.5 years after the top. Today it sits +65.8% 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 | Q4 2007 | Q3 2012 | -17.9% | Q2 2020 (12.5 yrs) | +65.8% |
| 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, York-Hanover, PA area's index has changed +40.5% 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% | +2.1% | +0.8% | -0.8% |
| 3 years | +9.8% | +8.9% | +7.5% | +2.8% |
| 5 years | +24.0% | +19.1% | +16.3% | +13.9% |
| 10 years | +39.1% | +36.8% | +34.4% | +39.0% |
| Since Q1 1995 | +121% | +40.5% | +60.6% | +76.8% |
If you bought in the York-Hanover, 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 | +203% | $909,440 |
| Q2 2000 | +175% | $824,755 |
| Q2 2005 | +97.7% | $593,138 |
| Q2 2010 | +84.4% | $553,274 |
| Q2 2015 | +93.7% | $581,138 |
| Q2 2020 | +65.6% | $496,907 |
| Q2 2021 | +47.7% | $443,087 |
| Q2 2023 | +19.6% | $358,833 |
| Q2 2025 | +6.1% | $318,169 |
Frequently asked questions
- How much have home prices risen in the York-Hanover, PA area?
- FHFA HPI® data for the York-Hanover, PA metro area shows changes of +6.1% over one year, +47.7% over five years, and +90.3% over ten years to Q2 2026, and +211% since Q1 1995.
- Is the York-Hanover, PA area beating the national average?
- Over the past year the metro's index moved +3.0 pts versus the U.S.; over five years the gap is +6.4 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.