Welcome to our 16229 real estate data hub, tailored for investors in Freeport, PA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 16229 in Freeport, PA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ARMSTRONG COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Freeport, PA real estate investing. Uncover the wealth of information available, and position yourself for success in the Freeport property market.
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Location Overview
- Zip Code: 16229
- City: Freeport
- State: PA
- Metro Area: Pittsburgh, PA
- County Name: ARMSTRONG COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $185,388
- Average Home Price (Single Family Homes): $183,512
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -1.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $920
- Average 3 Bedroom Section 8 Rental Rates: $1,150
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.79
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.43
- Number of Units Offered in Section 8 in the County: 721
- Number of Occupied Units in Section 8 in the County: 697
- Percentage of Section 8 Units Occupied in the County: 96.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 92
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.93%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.19%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.54%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.45%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.13%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 66.47%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 128.37%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%