Real Estate Investing in Fredericktown-Millsboro, Pennsylvania (15333)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15333 (Fredericktown-Millsboro, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 18.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fredericktown-Millsboro, PA (15333)?
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Market Analysis: 15333 Fredericktown-Millsboro
ZIP 15333 inside Washington County looks affordable on the surface — median value of $146K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 15333 is impressive only for operators who understand what they are buying. A $146K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 15333 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 15333 includes headwinds that any investor should price in. Income distribution skews lower than Fredericktown-Millsboro averages, and tenant stability requires active management.
tilts toward 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 Fredericktown-Millsboro:
Property Strategy for 15333
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $96,518 | $1,090 | 8.1% | +5.6% | $48,259 |
| 3BR | $170,904 | $1,390 | 5.9% | +3.4% | $56,968 |
Market Trends
Home Value History (with trend line)
📊 How Does 15333 Compare?
| Metric | 15333 | Fredericktown-Millsboro | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $146,135 | $146,135 | N/A | $278,018 |
| 5-Year CAGR | 1.8% | 1.8% | N/A | 6.3% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
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 15333 (Fredericktown-Millsboro, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $146,135 |
| Monthly Rent | $981 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.1% |
| Cap Rate | 5.2% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 (5.2%). 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 15333
Population: 1,745
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 15333
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 1,373 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Fredericktown-Millsboro, PA a good place for real estate investing?
Yes - Fredericktown-Millsboro, PA a 3.0/5 investability score. With $146K home prices against $981/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are rents high in Fredericktown-Millsboro, PA?
Fredericktown-Millsboro, PA rentals go for roughly $981/mo a month. That puts gross yield in solid territory relative to $146K acquisition costs.
How tight is the rental market in Fredericktown-Millsboro, PA?
Fredericktown-Millsboro, PA carries elevated vacancy risk. Expect reliable absorption at market rents of $981/mo.
Are eviction rules reasonable in Fredericktown-Millsboro, PA?
Fredericktown-Millsboro, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Are homes affordable in Fredericktown-Millsboro, PA?
Fredericktown-Millsboro, PA home values average about $146K. That price point suits investors targeting rentals with $981/mo in monthly income.
You know 15333 now. You don’t know where it ranks.
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How 15333 ranks in Pittsburgh, PA
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