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MarketsPennsylvaniaGettysburgAppreciation & Growth Forecast

Appreciation & Growth Forecast: Gettysburg, PA

Updated 2026 · Based on median market data for Gettysburg, PA

Cap Rate
2.02%
Median Price
$325K
Rent/Mo
$1,210
1% Rule
0.37%
Fails

Historical Appreciation

Home values in Gettysburg, PA have appreciated at 2.3% per year. Appreciation is modest, meaning total returns will be driven primarily by cash flow rather than equity gains. This is actually preferred by many investors who want predictable, income-based returns.

5-Year Price Projection

If Gettysburg continues appreciating at 2.3% annually, the current median of $325,000 would reach approximately $364,134 in 5 years — an equity gain of $39,134 on a property purchased at the median. With a 20% down payment of $65,000, that represents a 60% return on invested equity from appreciation alone. Combined with 5 years of NOI totaling approximately $32,819, the projected total return is $71,953 — a 111% cumulative return on the initial investment.

Growth Drivers

Population growth in Gettysburg is minimal at 0.2%. Appreciation here is more likely driven by regional economic factors, inflation, and housing stock constraints rather than population-driven demand.

Total Return Analysis

Smart investors evaluate both cash flow AND appreciation. In Gettysburg, the 2.02% cap rate provides modest ongoing cash flow, while 2.3% annual appreciation adds an equity component. Conservative underwriting is essential. Focus on deals where the cash flow stands on its own, and treat any appreciation as a bonus.

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How Gettysburg Compares

Gettysburg vs Pennsylvania state average and national average across key investment metrics. Gettysburg's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Gettysburg
Pennsylvania Avg
National Avg
Cap Rate
2.02%
3.81%
3.81%
Median Price
$325K
$244K
$333K
Median Rent
$1,210
$1,250
$1,524
Property Tax
1.38%
1.38%
1.08%
Vacancy
6%
6%
5.6%
Pop. Growth
0.2%/yr
0.2%/yr
0.9%/yr

Nearby Northeast Markets

City
Cap Rate
Price
Rent
Tax
Gettysburg, PA
2.0%
$325K
$1,210
1.38%
Lewiston, ME
3.3%
$315K
$1,510
1.28%
New Bedford, MA
3.4%
$310K
$1,480
1.2%
Ithaca, NY
4.0%
$340K
$1,970
1.71%
State College, PA
3.2%
$340K
$1,610
1.38%

Frequently Asked Questions

How fast are home prices rising in Gettysburg?
Home values in Gettysburg have been appreciating at 2.3% per year. This is near the national average, providing steady equity growth. At this rate, a $325K home would be worth approximately $364K in 5 years.
Is Gettysburg a growing city?
Gettysburg's population of 50,000 is growing at 0.2% per year. Slow growth means demand is stable but not increasing rapidly.
What is the best investment strategy for Gettysburg?
In Gettysburg, pure cash flow is tight at 2.02%. Consider appreciation-focused strategies, house hacking, or targeting below-median properties where rent-to-price ratios are stronger.
How does Gettysburg compare to other Northeast cities?
Among Northeast markets, Gettysburg's 2.02% cap rate is below the Pennsylvania average of 3.81%. Prices at $325K are above the state average of $244K. See our comparison tool to evaluate Gettysburg against specific markets.
Full Gettysburg Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Gettysburg & Related Markets

More Gettysburg Guides

Rental Property Investment GuideRent AnalysisProperty Tax GuideCost of Living & AffordabilityNeighborhood Investment Guide

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