Real Estate Investing in Midway, Pennsylvania (15060)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15060 (Midway, PA)? 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: 29.7% of homes vacant — above national norms.
• 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 Midway, PA (15060)?
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Market Analysis: 15060 Midway
Looking more closely, ZIP 15060 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $172K median. It rewards specialists, not generalists.
Rent of $873/mo on a $172K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 15060 sits below the stated 0.0% once reality is priced in.
ZIP 15060's metrics run below Washington County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Meanwhile, 839 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Midway:
Market Trends
Home Value History (with trend line)
📊 How Does 15060 Compare?
| Metric | 15060 | Midway | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $171,981 | $171,981 | N/A | $278,018 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 6.3% |
| Avg Rent | $873 | $873 | 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 15060 (Midway, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,981 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 15060
Population: 839
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 15060
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Fort Cherry El Ctr
Fort Cherry JSHS
Cecil Intrmd Sch
South Fayette Intermediate Sch
South Fayette MS
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
What are vacancy rates like in Midway, PA?
Vacancy in Midway, PA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
How strong is Midway, PA for real estate investors?
Midway, PA scores 3.0/5 for investability. Home values sit at $172K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the average home sale price in Midway, PA?
Expect median prices around $172K in Midway, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Is PA a landlord-friendly state?
Landlord-friendliness in Midway, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is the tenant base reliable in Midway, PA?
Tenant demand in Midway, PA is solid. The local workforce $873/mo rents across most rental classes.
You know 15060 now. You don’t know where it ranks.
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How 15060 ranks in Pittsburgh, PA
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