Real Estate Investing in Apalachin, New York (13732)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13732 (Apalachin, NY)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Apalachin, NY (13732)?
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Market Analysis: 13732 Apalachin
This part of Tioga County is not an easy win. The 13732 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 13732 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within NY, ZIP 13732 trails on several market indicators that neighboring Tioga County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 13732 includes headwinds that any investor should price in. Income distribution skews lower than Apalachin averages, and tenant stability requires active management.
The right play in 13732 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Apalachin:
Property Strategy for 13732
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $151,585 | $1,170 | 5.6% | +7.7% | $75,793 |
| 3BR | $201,517 | $1,500 | 5.4% | +7.7% | $67,172 |
| 4BR | $280,569 | $1,720 | 4.4% | +8.1% | $70,142 |
| 5BR | $296,567 | — | — | +7.3% | $59,313 |
Market Trends
Home Value History (with trend line)
📊 How Does 13732 Compare?
| Metric | 13732 | Apalachin | Binghamton, NY | New York |
|---|---|---|---|---|
| Home Value | $243,815 | $243,815 | N/A | $505,608 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.6% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13732 (Apalachin, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $243,815 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +10.6% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.4%). 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 13732
Population: 7,438
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 13732
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
Investor Insight: With 1,333 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What real estate strategy is ideal for Apalachin, NY?
For Apalachin, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the rental occupancy rate in Apalachin, NY?
Occupancy in Apalachin, NY runs predictable with elevated vacancy. Well-priced units at $1,053/mo lease on reasonable timelines.
What do rentals go for in Apalachin, NY?
Rental rates in Apalachin, NY average $1,053/mo. Tenant demand and $244K home values make the yield look reasonable by investor standards.
Are eviction rules reasonable in Apalachin, NY?
Apalachin, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
What is the median home value in Apalachin, NY?
Typical homes in Apalachin, NY go for around $244K. The 5-year CAGR of 0.0% consistent price movement.
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How 13732 ranks in Binghamton, NY
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