The story of this market
The typical home in ZIP 17040 sells for about $279,900, or $201 per square foot.
Prices are up +5.4% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $997 a month.
ZIP 17040 — Landisburg
The housing market in 17040 shows signs of resilience with steady demand and a low inventory of available homes. While prices have seen moderate year-over-year growth, the market remains accessible compared to larger neighboring metros, driven by local employment stability and limited new construction.
This area is well-suited for budget-conscious family buyers and commuters seeking a more affordable alternative to the larger Harrisburg or Lancaster markets while maintaining access to regional employment.
Median prices moved up 5.4% year over year.
Homes spend a median of 39 days on market with 2.4 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 100.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 12.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 17040, Lebanon County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the Lebanon area generally receive mixed ratings, with some elementary and middle schools performing at or above state averages while others face challenges typical of urban-adjacent districts.
The area is subject to standard regional risks including seasonal flooding in low-lying areas and occasional severe weather, with insurance premiums reflecting Pennsylvania's moderate hazard profile.
The local economy is supported by a mix of manufacturing, healthcare, and logistics, with ongoing efforts by county commissioners to improve infrastructure and address housing supply constraints.
Property taxes are levied by the county, municipality, and school district, with the school district portion typically representing the largest share of the total effective tax rate.
Residents primarily rely on personal vehicles for commuting, with access to major regional corridors like US-422 and PA-72 providing connections to Harrisburg and Lancaster employment hubs.
The area features local parks and community green spaces, with proximity to the Lebanon Valley Rail Trail and various shopping centers along the Cumberland Street corridor.
The rental market remains competitive with steady demand, driven by a mix of long-term residents and a limited supply of new multi-family housing units.
The economy is anchored by the healthcare, manufacturing, and logistics sectors, benefiting from the region's central location in the Pennsylvania transportation network.
Transportation is primarily highway-based, with limited public transit options connecting the city to the broader Harrisburg-Carlisle metropolitan area.
Development efforts are focused on revitalizing existing commercial corridors and addressing the ongoing housing supply shortage through local government initiatives.
The Lebanon County assessment office manages property valuations, with periodic reassessments conducted to ensure tax equity across the jurisdiction.
Parcels are subject to school district, municipal, and county taxes, with some areas potentially falling under specific utility or fire district jurisdictions.
Property insurance remains stable, though premiums are influenced by regional weather patterns and the age of the housing stock.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A popular multi-use trail system providing recreational opportunities throughout the county.
The primary commercial artery featuring a variety of local businesses and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.