Real Estate Investing in Houston, Pennsylvania (15342)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15342 (Houston, 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.
- Elevated vacancy: 8.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Houston, PA (15342)?
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Market Analysis: 15342 Houston
ZIP 15342 inside Washington County looks affordable on the surface — median value of $260K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $260K asset, 15342 is the wrong submarket. If the plan prices in friction, the yield can still work.
From a cash-flow lens, 15342 offers a low basis, the region around Houston has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 15342 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 15342 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Houston:
Property Strategy for 15342
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $177,941 | $1,310 | 5.3% | +4.8% | $88,970 |
| 3BR | $256,254 | $1,670 | 4.7% | +5.3% | $85,418 |
| 4BR | $386,609 | $1,800 | 3.4% | +5.8% | $96,652 |
Market Trends
Home Value History (with trend line)
📊 How Does 15342 Compare?
| Metric | 15342 | Houston | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $259,524 | $259,524 | N/A | $278,018 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 6.3% |
| Avg Rent | $1,179 | $1,179 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 15342 (Houston, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,524 |
| Monthly Rent | $1,179 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.5% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (3.5%). 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 15342
Population: 5,110
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 15342
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
How do experienced investors play Houston, PA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Houston, PA. The numbers - $260K homes against $1,179/mo rents - support that play.
How much do tenants pay in Houston, PA?
Rent in Houston, PA is around $1,179/mo. The resulting rent-to-value relationship with $260K pricing is reasonable for most investor models.
What is the typical vacancy rate in Houston, PA?
Houston, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How landlord-friendly is Houston, PA?
Landlord-friendliness in Houston, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the tenant pool like in Houston, PA?
Expect a solid tenant pool in Houston, PA. The rental market absorbs $1,179/mo rents without meaningful friction.
You know 15342 now. You don’t know where it ranks.
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How 15342 ranks in Pittsburgh, PA
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