Market Overview
Home Prices in Hershey, PA
The median home value in Hershey, PA is $413,691 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hershey are priced1% above average. Hershey is part of the Harrisburg-Carlisle, PA metro area.
Over the past five years, Hershey home values have risen by approximately33.3%, reflecting strong long-term appreciation in this market.
Price History
Hershey Home Price Trend
City Comparison
Hershey vs. National Median
At $413,691, homes in Hershey cost 1% above the national median of $410,000. Buyers in Hershey should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hershey?
20% Down Payment
$82,738
on $413,691
Monthly P&I
$2,158/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,741/mo
incl. taxes & insurance
Income Needed
$109,640
gross annual (30% rule)
10% Down Option
$41,369
+ PMI applies
Loan Amount (20% dn)
$330,953
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hershey, PA?
The median home value in Hershey is $413,691 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Hershey?
Over the past year, home values in Hershey have increased by 3%. Over five years, prices have risen approximately 33.3%.
How much do I need to earn to buy a home in Hershey?
To comfortably afford the median home price of $413,691 with a 20% down payment ($82,738) at today's rates (6.8%), you'd need a gross annual income of approximately $109,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Hershey compare to the national average home price?
The national median home value is approximately $410,000. At $413,691, homes in Hershey are 1% above the national average.
What metro area is Hershey part of?
Hershey is part of the Harrisburg-Carlisle, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.