Is Upper Hanover, PA a good place to invest in rental property?

Upper Hanover, PA has a median modeled monthly cash flow of $-967 and a median cap rate of 3.7%, on a median sold price of $445,000. Prices changed +5.8% year over year.

What is the average cap rate in Upper Hanover, PA?

The median cap rate across recently sold homes in Upper Hanover, PA is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Upper Hanover, PA?

The median sold price in Upper Hanover, PA is $445,000 (about $210 per square foot).

Investing in Upper Hanover, PA Real Estate

A data-driven snapshot of the Upper Hanover, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$445,000Median sold price

$210Median $/sqft

3.7%Median cap rate

$-967Modeled cash flow / mo

+5.8%Appreciation YoY

8.7Months of supply

71Active listings

98Sold (last 12 mo)

What the Upper Hanover numbers say

In Upper Hanover, PA, the median home sold for $445,000 (about $210 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-967 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 8.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See Upper Hanover cash-flowing listings

CashFlowRE ranks every for-sale home in Upper Hanover, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Upper Hanover deals, or browse the national market data.