Real Estate Investing in Harwick, Pennsylvania (15049)

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

Allegheny County • Population: 919 • Data updated: September 2026

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Should you buy in 15049 (Harwick, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

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
  • Elevated vacancy: 8.7% vacancy may signal weakening demand.

• 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 Harwick, PA (15049)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $171,301
Avg Monthly Rent $1,062
1% Rule ✗ Does Not Meet
Median Income $52,961
% Renters 18.2%

Market Analysis: 15049 Harwick

The 15049 ZIP in Harwick, PA is a local-operator market. Outside capital chasing a $171K entry has to pair deep knowledge with the discount.

On balance, the numbers look inviting — $171K purchase price, 0.0% nominal cap — the work to hit that pro forma in 15049 is substantial and deserves full respect.

In the broader PA picture, 15049 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 15049 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategy in 15049 is an operator game, not a passive one. From an investor standpoint, entry prices of $171K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Harwick:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+3.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,062/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Pittsburgh, PA Metro Area
More inventory, negotiating room for buyers
42 days
Average time to sell
Average
10.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Pittsburgh, PA metro data
🏠

Property Strategy for 15049

Which property type performs best in this market?

Best for Cash Flow
3BR
5.7% cap rate
Best for Appreciation
2BR
+5.9% 5yr CAGR
Best Overall Value
3BR
$63,044/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $148,427 $1,180 5.7% +5.9% $74,213
3BR $189,132 $1,510 5.7% +4.3% $63,044

Market Trends

Home Value History (with trend line)

$178K$159K$141K$122K$103K$85KJan 2013Oct 2019Jul 2026

📊 How Does 15049 Compare?

Metric 15049 Harwick Pittsburgh, PA Pennsylvania
Home Value $171,301 $171,301 N/A $278,018
5-Year CAGR 2.7% 2.7% N/A 6.3%
Avg Rent $1,062 $1,062 N/A -
Cap Rate 4.8% 4.8% - -
💡 Why Invest in 15049? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 15049 (Harwick, PA). Anonymous, moderated, never written by AI.

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Property managers serving Allegheny County

Manage rentals here? List your business →

Real Property Management Keystone offers property management services in Pittsburgh, PA and surrounding areas. summary from their website

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Real Property Management Pittsburgh is a property management company in Pittsburgh, PA. summary from their website

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Real Property Management Three Rivers is a property management company in Pittsburgh, PA. summary from their website

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

Investability
Good
Cap Rate
4.8%
Fair
5yr Growth
+2.7%
Slow

📉 Market Crash Risk Index

Based on Pittsburgh, PA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
1/2
42 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $171,301
Monthly Rent $1,062
Price-to-Rent 13.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.4%
Cap Rate 4.8%
5-Year IRR 7.5%

📈 Home Appreciation

1-Year +3.7% ▲
3-Year CAGR +3.1% ▲
5-Year CAGR +2.7% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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.

Vacancy
8.7%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 15049

Population: 919

💰 Median Household Income
$52,961
This area
$52,961
State
$73,647
USA
$74,580
🏠 Renter Occupied
18.2%
This area
18.2%
State
23.0%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-7.4%
USA
3.7%
🎓 College Educated
22.5%
This area
22.5%
State
12.3%
USA
33.7%
👤 Median Age
57.8 years
This area
57.8 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
8.7%
This area
8.7%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 95.7%
Other/Mixed 3.4%
Hispanic/Latino 0.9%
Asian 0.9%
👶 Under 18
9.6%
This area
9.6%
USA
22.0%
👴 65 and Over
28.1%
This area
28.1%
USA
17.3%
📊 Poverty Rate
10.9%
This area
10.9%
USA
11.5%

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 15049

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Acmetonia El Sch

📚 Pre-K – 06 School
📍 300 Pearl Street, Cheswick
👥
467 Students
👨‍🏫
12.0:1 Class Size
💰
$23,966 Per Student
A+ Excellent

Deer Lakes MS

📚 06 – 08 Middle
📍 17 East Union Road, Cheswick
👥
417 Students
👨‍🏫
11.7:1 Class Size
💰
$21,356 Per Student
A+ Excellent

Riverview JSHS

📚 07 – 12 High School
📍 100 Hulton Rd, Oakmont
👥
419 Students
👨‍🏫
10.8:1 Class Size
💰
$29,412 Per Student
A+ Excellent

Springdale JSHS

📚 07 – 12 High School
📍 501 Butler Rd, Springdale
👥
419 Students
👨‍🏫
8.6:1 Class Size
💰
$23,966 Per Student
A+ Excellent

Deer Lakes HS

📚 09 – 12 High School
📍 163 East Union Rd, Cheswick
👥
589 Students
👨‍🏫
14.9:1 Class Size
💰
$21,356 Per Student
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

8 Nearby 203 Off-Campus Students
C
Citizens School of Nursing
115 students · 1.3 mi
D
UPMC St. Margaret School of Nursing
91 students · 5.4 mi
C
Pennsylvania State University-Penn State New Kensington
456 students · 5.6 mi
C
Institute of Medical Careers
866 students · 6.3 mi
C
Empire Beauty School-Monroeville
65 students · 8.4 mi
C+
Bella Capelli Academy
194 students · 8.6 mi
C
Pittsburgh Theological Seminary
223 students · 8.7 mi
C+
Pittsburgh Institute of Mortuary Science Inc
402 students · 9.4 mi

Frequently Asked Questions

How does Harwick, PA rate as a rental market?

Harwick, PA scores 3.0/5 for investability. Home values sit at $171K and rents near $1,062/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What are home prices like in Harwick, PA?

Median home price in Harwick, PA is near $171K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

What kind of vacancy should I budget for in Harwick, PA?

Harwick, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What investment strategy works best in Harwick, PA?

Most investors in Harwick, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

What is the typical rental rate in Harwick, PA?

Investors in Harwick, PA typically see rents near $1,062/mo per month against $171K home values - a solid setup for rental cash flow.

You know 15049 now. You don’t know where it ranks.

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How 15049 ranks in Pittsburgh, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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