Real Estate Investing in Farmington, Pennsylvania (15437)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15437 (Farmington, 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: 17.8% 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 Farmington, PA (15437)?
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Market Analysis: 15437 Farmington
Investors eyeing 15437 need to respect the fundamentals at play. Home values of $236K come alongside slower price movement and elevated management overhead.
The 15437 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 15437 sits on the difficult end of the PA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 15437 ZIP's population of 2,579 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
The right play in 15437 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Farmington:
Property Strategy for 15437
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $205,190 | $1,320 | 4.6% | +4.9% | $102,595 |
| 3BR | $267,489 | $1,690 | 4.5% | +5.9% | $89,163 |
| 4BR | $336,615 | $1,820 | 3.9% | +6.5% | $84,154 |
Market Trends
Home Value History (with trend line)
📊 How Does 15437 Compare?
| Metric | 15437 | Farmington | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $236,341 | $236,341 | N/A | $278,018 |
| 5-Year CAGR | 2.9% | 2.9% | N/A | 6.3% |
| Avg Rent | $1,188 | $1,188 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15437 (Farmington, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $236,341 |
| Monthly Rent | $1,188 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 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 (3.9%). 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 15437
Population: 2,579
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 15437
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
What is the smart move for investors in Farmington, PA?
Most investors in Farmington, 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.
How much is rent in Farmington, PA?
Farmington, PA rentals go for roughly $1,188/mo a month. That puts gross yield in solid territory relative to $236K acquisition costs.
How much should I expect to pay for a home in Farmington, PA?
Typical homes in Farmington, PA go for around $236K. The 5-year CAGR of 0.0% measured price movement.
How quickly do rentals get leased in Farmington, PA?
Farmington, PA carries elevated vacancy risk. Expect reliable absorption at market rents of $1,188/mo.
What is the typical renter like in Farmington, PA?
Farmington, PA offers a steady renter base at the $1,188/mo rent level. Tenant turnover is reasonable for well-managed properties.
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How 15437 ranks in Pittsburgh, PA
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