Real Estate Investing in Clarence, Pennsylvania

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 719 • Centre County

☆ Watch this market Free account

Should you buy in Clarence, PA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 29.9% of homes vacant — above national norms.

What’s happening in Clarence, PA?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.9% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $206,901
Avg Monthly Rent $1,161
ZIP Codes 1

Investing in Clarence Real Estate

Clarence in Pennsylvania is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Clarence is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. clearly out-of-state investors should be especially careful with the assumptions they carry in.

Transaction volume in Clarence has thinned in a way that amplifies price discovery risk. On balance, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Clarence — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in State College, PA

Clarence is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Clarence, PA. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Clarence, PA?

~25 seconds · no account needed · your report is anonymous

Property managers serving Centre County

Manage rentals here? List your business →

Nittany Property Management. summary from their website

Unclaimed — is this your business? Claim it free
Unclaimed — is this your business? Claim it free
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$206,901
Avg Monthly Rent
$1,161
1% Rule
✗ Below
Landlord Friendly (PA)

📉 Market Crash Risk Index

Based on State College, PA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
40%
Days Pending
0/2
34 days

View all metro crash risk rankings →

⚖️ Balanced Market — State College, PA metro
34
Days to pending
9.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Clarence, PA

Screen every ZIP in Clarence

Filter Clarence’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Clarence, PA

How high is vacancy risk in Clarence, PA?

Clarence, PA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,161/mo.

How strong is tenant demand in Clarence, PA?

Clarence, PA draws a steady base of working renters. Demand at the $1,161/mo rent level is reasonable for standard single-family and small multi rentals.

What do rentals go for in Clarence, PA?

Rental rates in Clarence, PA average $1,161/mo. Tenant demand and $207K home values make the yield look reasonable by investor standards.

What investment strategy works best in Clarence, PA?

In Clarence, PA the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $207K prices and $1,161/mo rents suits that approach.

What are home prices like in Clarence, PA?

Median home price in Clarence, PA is near $207K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Clarence, PA.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.