Real Estate Investing in Jefferson, Pennsylvania (15344)

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

Greene County • Population: 1,614 • Data updated: September 2026

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Should you buy in 15344 (Jefferson, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 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
2 flags
  • Declining values: -0.9% 5-year CAGR — values have moved lower.
  • 1-year downturn: Values declined 6.4% in the last year.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Jefferson, PA (15344)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $165,150
Avg Monthly Rent $981
1% Rule ✗ Does Not Meet
Median Income $75,313
% Renters 12.0%

Market Analysis: 15344 Jefferson

Not every below-median market is a bargain. Jefferson's 15344 ZIP posts signals that favor experienced operators who can absorb the risk $165K pricing implies.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $165K asset, 15344 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader PA picture, 15344 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 15344 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategy in 15344 is an operator game, not a passive one. Meanwhile, entry prices of $165K 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 Jefferson:

C+ Average
Buy Confidence Score: 60/100
Affordability
25/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.2× the median income
Value Trend
Declining (-6.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $981/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$198K$183K$169K$154K$139K$124KFeb 2016May 2021Jul 2026

📊 How Does 15344 Compare?

Metric 15344 Jefferson Pennsylvania
Home Value $165,150 $165,150 $278,018
5-Year CAGR N/A N/A 6.3%
Avg Rent $981 $981 -
Cap Rate 4.6% 4.6% -
💡 Why Invest in 15344? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 15344 (Jefferson, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.6%
Fair
5yr Growth
-0.9%
Declining

📊 Market Snapshot

Home Value $165,150
Monthly Rent $981
Price-to-Rent 14.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.1%
Cap Rate 4.6%
5-Year IRR 3.7%

📈 Home Appreciation

1-Year -6.4% ▼
3-Year CAGR -4.9% ▼
5-Year CAGR -0.9% ▼
10-Year CAGR +2.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
7.1%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
-0.9%
Flat
Eviction process: Moderate Rent control: Favorable

Demographics in 15344

Population: 1,614

💰 Median Household Income
$75,313
This area
$75,313
State
$73,647
USA
$74,580
🏠 Renter Occupied
12.0%
This area
12.0%
State
23.0%
USA
34.0%
💼 Unemployment Rate
5.3%
This area
5.3%
State
-7.4%
USA
3.7%
🎓 College Educated
27.2%
This area
27.2%
State
12.3%
USA
33.7%
👤 Median Age
41.7 years
This area
41.7 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
7.1%
This area
7.1%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 96.3%
Black/African American 2.8%
Other/Mixed 0.7%
Hispanic/Latino 0.3%
Asian 0.2%
👶 Under 18
23.4%
This area
23.4%
USA
22.0%
👴 65 and Over
16.2%
This area
16.2%
USA
17.3%
📊 Poverty Rate
11.6%
This area
11.6%
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 15344

A+ Avg School Grade
2 Schools
11.9:1 Avg Class Size
$20,473 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Jefferson-Morgan El Sch

📚 Pre-K – 06 School
👥
402 Students
👨‍🏫
11.3:1 Class Size
💰
$20,473 Per Student
A+ Excellent

Jefferson-Morgan MS/HS

📚 07 – 12 High School
👥
373 Students
👨‍🏫
12.5:1 Class Size
💰
$20,473 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

3 Nearby 1,373 Off-Campus Students
C+
Greene County Career and Technology Center
19 students · 5.7 mi
C
Waynesburg University
1,315 students · 7.4 mi
C+
Pennsylvania Western University
11,305 students · 13.1 mi

Investor Insight: With 1,373 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How strong are rents in Jefferson, PA?

The typical rental in Jefferson, PA commands about $981/mo monthly. That rent profile steady cash flow against the $165K purchase basis.

What is the tenant pool like in Jefferson, PA?

Expect a solid tenant pool in Jefferson, PA. The rental market absorbs $981/mo rents without meaningful friction.

What is the typical vacancy rate in Jefferson, PA?

Occupancy in Jefferson, PA runs measured with elevated vacancy. Well-priced units at $981/mo lease on reasonable timelines.

Which investment style suits Jefferson, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Jefferson, PA. With home values at $165K and rents near $981/mo, other strategies can work but produce steady rather than outsized returns.

Should investors consider Jefferson, PA?

The 3.0/5 investability rating in Jefferson, PA reflects its $165K prices and $981/mo rents. Investors generally consider it a solid option within PA.

You know 15344 now. You don’t know where it ranks.

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