Market Overview
Home Prices in Myerstown, PA
The median home value in Myerstown, PA is $327,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.3% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Myerstown are priced20% below average. Myerstown is part of the Lebanon, PA metro area.
Over the past five years, Myerstown home values have risen by approximately35.3%, reflecting strong long-term appreciation in this market.
Price History
Myerstown Home Price Trend
City Comparison
Myerstown vs. National Median
At $327,018, homes in Myerstown cost 20% below the national median of $410,000. This makes Myerstown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Myerstown?
20% Down Payment
$65,404
on $327,018
Monthly P&I
$1,706/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,167/mo
incl. taxes & insurance
Income Needed
$86,680
gross annual (30% rule)
10% Down Option
$32,702
+ PMI applies
Loan Amount (20% dn)
$261,614
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 Myerstown, PA?
The median home value in Myerstown is $327,018 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.3% year-over-year.
How much have home prices changed in Myerstown?
Over the past year, home values in Myerstown have increased by 5.3%. Over five years, prices have risen approximately 35.3%.
How much do I need to earn to buy a home in Myerstown?
To comfortably afford the median home price of $327,018 with a 20% down payment ($65,404) at today's rates (6.8%), you'd need a gross annual income of approximately $86,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Myerstown compare to the national average home price?
The national median home value is approximately $410,000. At $327,018, homes in Myerstown are 20% below the national average.
What metro area is Myerstown part of?
Myerstown is part of the Lebanon, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.