Home Value Trail

ZIP 17237 home price history

Mont Alto, PAFranklin CountyChambersburg, PAPennsylvania

  • FHFA annual index 2003 to 2022
  • Developmental index
  • Release of

The FHFA annual house price index for ZIP 17237 increased by 51.8% from 2012 to 2022. From 2017 to 2022, the index increased by 55.7%. From 2021 to 2022, the index increased by 5.1%. The newest value that FHFA reports for this area is for 2022.

2012

+51.8%

From 2012 to 2022, the FHFA annual all-transactions index for ZIP 17237 increased by 51.8%.

From 2012 to 2022, the average change in each year is +4.3%, compounded.

Same span at each level: 2012 to 2022
AreaChangeBar
ZIP 17237+51.8%
Franklin County+46.9%
Chambersburg, PA+46.9%
Pennsylvania+55.7%
United States+86.1%
ZIP 17237 FHFA annual all-transactions index, 100 in 2003
  • ZIP 17237
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span
Index values for each year
FHFA annual all-transactions index for ZIP 17237, 2003 to 2022
YearIndexChange from the year before
2022169.66+5.1%
2021161.49+12.4%
2020143.67−1.4%
2019145.64−0.1%
2018145.72+33.7%
2017108.97−16.2%
2016130.05−1.3%
2015131.74+8.8%
2014121.09−0.8%
2013122.04+9.2%
2012111.75−3.5%
2011115.81−13.0%
2010133.15−5.7%
2009141.17−14.6%
2008165.28−1.7%
2007168.22+11.3%
2006151.10+6.3%
2005142.11+24.6%
2004114.07+14.1%
2003100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2022. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of ZIP 17237. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, five levels

Change in the FHFA annual index to 2022: ZIP 17237 and the areas above it
Area1 year2021 to 20225 years2017 to 202210 years2012 to 202220 years2002 to 2022Since 20002000 to 2022Each yearaverage of 10 years
ZIP 17237+5.1%+55.7%+51.8%n/an/a+4.3%
Franklin County+13.6%+37.8%+46.9%+87.1%+106.7%+3.9%
Chambersburg, PA+13.6%+37.8%+46.9%+87.1%+106.7%+3.9%
Pennsylvania+12.9%+39.7%+55.7%+97.7%+121.7%+4.5%
United States+15.5%+46.2%+86.1%+101.4%+126.5%+6.4%

Each row uses FHFA's annual all-transactions index and the same two years. "n/a": the area has no index value for one of the two years.

Drawdowns

A drawdown is a decline of 5% or more of the annual index from a peak.

Drawdowns of the index of ZIP 17237, deepest first
PeakLowDeclineBack at the peak
20072017−35.2%2022

Decade by decade

Change in the index of ZIP 17237 in each decade
DecadeChangeUnited StatesBar
2010s2010 to 2020+7.9%+35.5%
2020s so far2020 to 2022+18.1%+28.9%

The index is 100 in the first year with a value for the area (2003 here). The change in a decade is the index at the end of the decade divided by the index at the start. The base year has no effect on it.

Building permits in Franklin County

The Census Bureau counts building permits for counties and for places. It does not count them for ZIP Codes. In the 12 months to August 2026, permits in Franklin County authorized 800 housing units. That is 5.0 units for each 1,000 residents. 58% of the units are in buildings with 1 unit.

Median home value of the area, ACS 2020-2024

The American Community Survey (ACS) asks owners what their home would sell for. The table gives the middle of these answers for each area, over the 5 years 2020-2024. It is an estimate for the area. It is not the value of one home and it is not an FHFA figure.

Median value of owner-occupied housing units, ZIP 17237 and the areas above it: ACS 5-year estimate 2020-2024, with margin of error
AreaMedian valueMargin of error
ZIP Code Tabulation Area 17237$193,600±$17,942
Franklin County$249,800±$5,492
Pennsylvania$254,500±$767
United States$332,700±$236

Source: US Census Bureau, American Community Survey 5-year estimates 2020-2024, table B25077.

The Census Bureau defines the value: Value is the respondent's estimate of how much the property (house and lot, mobile home and lot (if lot owned), or condominium unit) would sell for if it were for sale.

It says about the margin of error: The MOEs for published ACS estimates are provided at a 90 percent confidence level. A value of "$2,000,000 or more" is the top group, with no margin. See the glossary. The site copied these texts on .

Nearest ZIP Codes

The 10 ZIP Codes with a page nearest to ZIP 17237, nearest first, with the change of each index over 10 years.

  1. 17268Waynesboro4.7 mi+66.4%
  2. 17222Fayetteville4.8 mi+74.9%
  3. 17214Blue Ridge Summit7.2 mi+24.6%
  4. 17353Cashtown8.6 mi+64.3%
  5. 21719Highfield-Cascade9.4 mi+56.8%
  6. 17320Carroll Valley9.4 mi+69.0%
  7. 17202Guilford9.9 mi+65.7%
  8. 17201Chambersburg10.5 mi+68.1%
  9. 21780Sabillasville12.0 mi+57.9%
  10. 17225State Line12.3 mi+67.5%

Distance between the Census internal points of the two ZIP Code Tabulation Areas. Each change ends in the newest year of that ZIP Code's index.

Other ZIP Codes in Franklin County

ZIP Codes of Franklin County with an FHFA index, in ZIP Code order
ZIP CodePlace1 year10 yearsNewest year
17201Chambersburg+1.9%+68.1%2025
17202Guilford+1.9%+65.7%2025
17214Blue Ridge Summit+14.5%+24.6%2021
17222Fayetteville+3.1%+74.9%2025
17224Fort Loudonn/a+54.0%2024
17225State Line+5.1%+67.5%2025
17236Mercersburg+1.9%+78.5%2025
17244Orrstown+17.4%+42.5%2021
17252n/a+65.3%2025
17268Waynesboro+4.5%+66.4%2025

All ZIP Codes of Franklin County as a CSV file

Agency pages

Each link loaded on .

Cite this page

Home Value Trail. ZIP 17237 home price history. https://homevaluetrail.com/zip/17237/. Source: Federal Housing Finance Agency, annual house price index for five-digit ZIP Codes (developmental). FHFA release of .

Where the figures come from

Index
FHFA annual house price index for five-digit ZIP Codes, all transactions, 2003 to 2022. Release of March 31, 2026.
Other levels
FHFA annual indexes for counties, CBSAs, states and the United States, from the same release.
Place name
US Census Bureau, 2020 ZCTA to place relationship file: the place with the largest share of the land of the ZIP Code Tabulation Area.
County and metro area
US Census Bureau, 2020 ZCTA to county relationship file (largest share of land), and the OMB delineation of July 2023.
Median value
US Census Bureau, American Community Survey 5-year estimates 2020-2024, table B25077.
Building permits
US Census Bureau, Building Permits Survey, county files through August 2026.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

Which years had the largest changes in the index for ZIP 17237?
The largest increase in one year was 33.7%, from 2017 to 2018. The largest decrease in one year was 16.2%, from 2016 to 2017.
How did the index for ZIP 17237 change from its first year?
From 2003 to 2022, the index for ZIP 17237 increased by 69.7%.
What is the highest value of the index for ZIP 17237?
The index is 100 in 2003, the first year with a value for this area. The highest annual value is 169.66, in 2022.
How many housing units have building permits in Franklin County?
The Census Bureau counts building permits for a county or a place, not for a ZIP Code. Building permits in Franklin County authorized 800 housing units in the 12 months to August 2026. That is 5.0 units for each 1,000 residents. 58% of the units are in buildings with one unit.