Real Estate Investing in Laurens, New York (13796)
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Should you buy in 13796 (Laurens, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 31.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Laurens, NY (13796)?
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Market Analysis: 13796 Laurens
The 13796 ZIP in Laurens, NY is a local-operator market. Outside capital chasing a $217K entry has to pair deep knowledge with the discount.
For an experienced owner, 13796 can be a worth a close look for hunting ground — but the discount at $217K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 13796 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 13796 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. durable returns are possible in 13796, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Laurens:
Market Trends
Home Value History (with trend line)
📊 How Does 13796 Compare?
| Metric | 13796 | Laurens | Oneonta, NY | New York |
|---|---|---|---|---|
| Home Value | $216,956 | $216,956 | N/A | $505,608 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 6.6% |
| Avg Rent | $1,098 | $1,098 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13796 (Laurens, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $216,956 |
| Monthly Rent | $1,098 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 13796
Population: 915
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 13796
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are homes affordable in Laurens, NY?
The median home value in Laurens, NY is roughly $217K. That puts it reasonable relative to the NY statewide average.
What is the typical renter like in Laurens, NY?
Working renters make up the core of the Laurens, NY tenant base. The pool is reasonable for investors targeting long-term holds.
How does Laurens, NY stack up for property investment?
Our data puts Laurens, NY at 3.0/5 for investability. Home prices of $217K and rents around $1,098/mo create a solid backdrop for investor activity.
Is NY a landlord-friendly state?
Rental owners in Laurens, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
What are vacancy rates like in Laurens, NY?
Occupancy in Laurens, NY runs reliable with elevated vacancy. Well-priced units at $1,098/mo lease on reasonable timelines.
You know 13796 now. You don’t know where it ranks.
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How 13796 ranks in Oneonta, NY
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