Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 71,962 ↑ 4.9% since 2020 |
| Median Household Income | $71,386 4% below national median |
| Median Home Value | $240,900 |
| Unemployment Rate | 5.5% |
| Median Age | 40.9 years |
| Housing Vacancy Rate | 10.9% |
| Total Land Sales (Past 12 Months) | 95 transactions |
| Active Listings | 87 properties |
| Avg Days on Market | 294 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $26,126 |
| Recent Sales | 66 transactions |
| Avg Days on Market | 185 days |
| Avg Parcel Size | 16.31 acres |
| Active Listings | 36 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026 | 24.68 | $275,000 | $11,143 | Morman Church Rd | Waynesboro |
| Mar 2026 | 3.98 | $150,000 | $37,689 | Path Valley Rd | Fort Loudon |
| Feb 2026 | 13.00 | $800,000 | $61,538 | Central Way | Shippensburg |
| Feb 2026 | 14.88 | $150,000 | $10,081 | 7163 Path Valley Rd | Fort Loudon |
| Feb 2026 | 14.60 | $387,000 | $26,507 | 0 Keefer Rd | Chambersburg |
| Feb 2026 | 5.98 | $149,600 | $25,017 | 0 Brechbill Rd | Chambersburg |
| Feb 2026 | 36.45 | $367,200 | $10,074 | TRACT 2 3645/ Acres Spg | Spring Run |
| Jan 2026 | 6.05 | $179,900 | $29,736 | 10593 Letzburg Rd | Greencastle |
| Jan 2026 | 101.06 | $433,500 | $4,290 | TRACT 3 101/ Acres | Upperstrasburg |
| Jan 2026 | 10.00 | $137,700 | $13,770 | TRACT 2 10/ Acres | Upperstrasburg |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Jan 2026 | 1.21 | $80,000 | $66,116 | 3125 Buchanan Trl W #W | Greencastle |
| Jan 2026 | 40.39 | $402,900 | $9,975 | TRACT 5 4039/ Acres | Upperstrasburg |
| Jan 2026 | 6.22 | $72,450 | $11,648 | Stumpy Ln | Fort Loudon |
| Jan 2026 | 20.21 | $315,000 | $15,586 | 11704 Country Club Rd | Waynesboro |
| Dec 2025 | 1.96 | $109,200 | $55,714 | 13026 Winter Leaf Dr Lot 6 | Mercersburg |
| Dec 2025 | 2.64 | $45,067 | $17,071 | Meadowcreek Dr | Chambersburg |
| Dec 2025 | 13.17 | $195,000 | $14,801 | 2729 Weber Rd | Chambersburg |
| Dec 2025 | 3.94 | $184,900 | $46,929 | 10925 Grant Shook Rd | Greencastle |
| Dec 2025 | 5.02 | $219,900 | $43,805 | 10937 Grant Shook Rd | Greencastle |
| Nov 2025 | 5.60 | $219,900 | $39,268 | 10949 Grant Shook Rd | Greencastle |
| Nov 2025 | 80.02 | $650,000 | $8,123 | 80A Blairs Valley Rd | Mercersburg |
| Nov 2025 | 12.26 | $595,100 | $48,540 | 11601 Country Club Rd | Waynesboro |
| Nov 2025 | 8.99 | $265,000 | $29,477 | 11051 Grant Shook Rd | Greencastle |
| Nov 2025 | 6.93 | $255,000 | $36,797 | 11043 Grant Shook Rd | Greencastle |
| Oct 2025 | 102.96 | $749,700 | $7,281 | 1709 Apple Way | Saint Thomas |
| Oct 2025 | 7.04 | $249,900 | $35,497 | 11115 Grant Shook Rd | Greencastle |
| Oct 2025 | 11.55 | $140,000 | $12,121 | 8747 Sweetwater Rd | Fort Loudon |
| Sep 2025 | 42.68 | $256,000 | $5,998 | 4268/ACRE S Hunter Rd | Mercersburg |
| Sep 2025 | 2.00 | $60,000 | $30,000 | LOT 2 Sweetwater Rd | Fort Loudon |
| Sep 2025 | 5.55 | $145,000 | $26,126 | 5309 Bino Rd | Greencastle |
| Sep 2025 | 1.86 | $71,000 | $38,172 | 0 Apple Jack Ct | Mercersburg |
| Aug 2025 | 9.07 | $50,000 | $5,513 | 11144 Old Forge Rd | Waynesboro |
| Aug 2025 | 33.56 | $494,700 | $14,741 | TRACT 2 3356/ Acres Mountain Brook Rd | Chambersburg |
| Aug 2025 | 20.04 | $321,300 | $16,033 | TRACT 3 2004/ Acres | Chambersburg |
| Aug 2025 | 30.11 | $382,500 | $12,703 | TRACT 4 3011/ Acres Mountain Brook Rd | Chambersburg |
| Aug 2025 | 19.86 | $255,000 | $12,840 | 0 Heisey Rd #Wp-1 | Shippensburg |
| Aug 2025 | 13.39 | $200,000 | $14,933 | 2683 Weber Rd | Chambersburg |
| Aug 2025 | 13.10 | $700,000 | $53,435 | Edison Dr | Shippensburg |
| Jul 2025 | 3.79 | $230,000 | $60,686 | 8834 Lemar Rd | Greencastle |
| Jul 2025 | 143.68 | $3,000,000 | $20,880 | 0 Grant Shook Rd | Greencastle |
| Jul 2025 | 6.74 | $63,800 | $9,466 | 0 Dry Run Rd | Mercersburg |
| Jul 2025 | 4.03 | $199,000 | $49,386 | 174 Helens Dr | Greencastle |
| Jul 2025 | 17.63 | $295,000 | $16,733 | 7239 Little Cove Rd | Mercersburg |
| Jul 2025 | 7.16 | $135,000 | $18,855 | 0 Blue Spring Rd | Mercersburg |
| Jul 2025 | 19.96 | $634,900 | $31,809 | 4645 Molly Pitcher Hwy | Chambersburg |
| Jul 2025 | 3.73 | $62,500 | $16,756 | LOT 6 Parson Rd | Dry Run |
| Jul 2025 | 1.02 | $125,000 | $122,549 | LOT 9 Hearthside Dr | Chambersburg |
| Jul 2025 | 13.60 | $560,000 | $41,176 | 2337 Grand Point Rd | Chambersburg |
| Jul 2025 | 21.70 | $634,900 | $29,258 | 0 Molly Pitcher Hwy | Chambersburg |
| Jun 2025 | 7.69 | $83,000 | $10,793 | 0 Punch Bowl Rd | Mercersburg |
| Jun 2025 | 1.31 | $65,000 | $49,618 | 11247 Grant Shook Rd | Greencastle |
| Jun 2025 | 1.44 | $122,500 | $85,069 | LOT 7 Sunrise Ln | Fort Loudon |
| Jun 2025 | 1.04 | $79,000 | $75,962 | 662 Devon Dr | Chambersburg |
| Jun 2025 | 7.55 | $115,000 | $15,232 | 783 W 3rd St | Waynesboro |
| May 2025 | 1.39 | $34,900 | $25,108 | 0 S South Mountain Rd #15 | Fayetteville |
| May 2025 | 2.38 | $75,000 | $31,513 | 0 Winter Leaf Dr Lot 13 | Mercersburg |
| May 2025 | 3.00 | $358,000 | $119,333 | Grindstone Hill Rd Lot 2 | Greencastle |
| Apr 2025 | 1.55 | $40,000 | $25,806 | W Main St | Fayetteville |
| Apr 2025 | 2.44 | $98,000 | $40,164 | LOT 10 Carey Dr | Chambersburg |
| Apr 2025 | 16.70 | $489,900 | $29,335 | 0 Warm Spring Rd | Chambersburg |
| Apr 2025 | 8.95 | $63,000 | $7,039 | 0 Dixon Rd | Fayetteville |
| Apr 2025 | 15.00 | $105,000 | $7,000 | 0 S Mountain Rd #0 | Fayetteville |
| Apr 2025 | 4.85 | $99,900 | $20,598 | 0 S South Mountain Rd | Fayetteville |
| Apr 2025 | 1.89 | $65,000 | $34,392 | LOT Six Race Track Rd | Saint Thomas |
| Mar 2025 | 2.75 | $75,000 | $27,273 | 0 Rumler Rd #17 | Chambersburg |
| Mar 2025 | 1.46 | $87,450 | $59,897 | 0 Olde Scotland Rd | Shippensburg |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $59,966 |
| Recent Sales | 29 transactions |
| Avg Days on Market | 98 days |
| Avg Parcel Size | 0.49 acres |
| Active Listings | 51 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026 | 0.58 | $45,000 | Meadowcreek Dr N | Chambersburg |
| Mar 2026 | 0.52 | $50,000 | 15681 Mountain Rd | Fort Loudon |
| Mar 2026 | 0.31 | $360,000 | 204 S Ridge Ave | Greencastle |
| Feb 2026 | 0.46 | $120,000 | 3248 Buchanan Trl W | Greencastle |
| Feb 2026 | 0.40 | $13,000 | 0 Maclays Mill Rd | Shippensburg |
| Jan 2026 | 0.34 | $55,000 | 6595 Pullhook Ln | Fayetteville |
| Jan 2026 | 0.94 | $85,000 | LOT C3 Two Cedarbrook Dr | Greencastle |
| Jan 2026 | 0.51 | $70,000 | 672 Devon Dr | Chambersburg |
| Dec 2025 | 0.69 | $40,000 | 15 Lincoln Dr | Fayetteville |
| Dec 2025 | 0.38 | $158,000 | 7130 Saint Annes Dr | Fayetteville |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Dec 2025 | 0.48 | $51,490 | LOT 4 Sunrise Ln | Fort Loudon |
| Dec 2025 | 0.57 | $74,900 | Longwood Dr #69 | Waynesboro |
| Dec 2025 | 0.57 | $52,500 | N Church St | Waynesboro |
| Dec 2025 | 0.35 | $1,936,000 | 6-36 Paradise View Dr | Greencastle |
| Nov 2025 | 0.86 | $20,000 | LOT 11 Starliper Ln | Mercersburg |
| Nov 2025 | 0.51 | $86,500 | 11643 Old Forge Rd Lot 6 | Waynesboro |
| Nov 2025 | 0.50 | $60,000 | Durham Cir | Waynesboro |
| Nov 2025 | 0.34 | $59,966 | 34 Crestwood Dr | Chambersburg |
| Nov 2025 | 0.41 | $59,966 | 41 Crestwood Dr | Chambersburg |
| Nov 2025 | 0.39 | $59,966 | 39 Crestwood Dr | Chambersburg |
| Nov 2025 | 0.98 | $76,000 | 2565 Echo Springs Rd Lot 8A | Chambersburg |
| Nov 2025 | 0.39 | $140,000 | 7049 Killarney Dr | Fayetteville |
| Oct 2025 | 0.31 | $82,000 | 5967 Gabrielle Ln | Chambersburg |
| Oct 2025 | 0.49 | $21,000 | 94 White House Rd | Shippensburg |
| Oct 2025 | 0.21 | $14,500 | Vacant Lot At 8710 Capitol Hill Rd | Waynesboro |
| Sep 2025 | 0.15 | $252,000 | 409 W 5th St | Waynesboro |
| Sep 2025 | 0.54 | $30,000 | 10952 Partridge Dr | Waynesboro |
| Sep 2025 | 0.72 | $50,000 | 6470 Bent Oak Dr Lot 41Q | Fayetteville |
| Sep 2025 | 0.34 | $46,920 | 34/ACRE S Summit Farm Dr | Blue Ridge Summit |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 156,626 |
| Population (2020) | 155,932 |
| Population Growth | 0.45% |
| Median Household Income | $74,946 |
| Median Home Value | $236,300 |
| Total Housing Units | 66,787 |
| Vacant Housing Units | 3,759 |
| Housing Vacancy Rate | 5.6% |
| Median Age | 42.2 |
| Bachelor's Degree or Higher | 15,824 (10.1%) |
| Unemployment Rate | 5.5% |
Market Overview
Franklin County, Pennsylvania has a population of 156,626, which has grown 0.45% since 2020. The median household income is $74,946, above the national median of $74,580 by 0.5%. The housing vacancy rate of 5.6% suggests tight market conditions. The county's location in Pennsylvania makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $25,457 per acre, with properties averaging 16.20 acres. There are currently 87 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Franklin County, Pennsylvania?
As of the 2023 American Community Survey, Franklin County has a population of 156,626. The county has grown 0.45% since the 2020 Census, indicating a growing community.
What is the median household income in Franklin County?
The median household income in Franklin County is $74,946, which is 0.5% above the national median of $74,580.
Is Franklin County growing or shrinking?
Franklin County is growing. The population has increased 0.45% since 2020.
What is the housing market like in Franklin County?
The median home value in Franklin County is $236,300. The housing vacancy rate is 5.6%, which suggests tight market conditions. The unemployment rate is 5.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $25,457 per acre. Suburban/urban lots under 1 acre have a median lot price of $60,000.
Does Reelvest buy land in Franklin County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Franklin County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.