Foreclosure Homes in Hershey, PA 17033

Current Market Conditions in Hershey, PA

The Hershey real estate market remains competitive, driven by the area's popularity among families and professionals seeking a small-town feel with city amenities. Homes in the area have been in high demand, leading to a rise in property values as buyers seek out the community's unique cultural and recreational offerings.

Recent trends show that listings are moving quickly, with many homes receiving multiple offers. The market favors sellers, with lower inventory levels contributing to rising prices and quicker sales.

Investors are particularly interested in Hershey due to its reputation as a tourist destination, leading to potential rental income opportunities, especially in properties near attractions like Hersheypark.

Rent Prices In Hershey, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hershey, PA, is on a rollercoaster ride. The average rent price in Hershey, PA, is $1,569.00. Indeed, when looking to rent in Hershey, PA, you can expect to pay as little as $700.00 or as much as $3,060.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Hershey, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.