Real Estate Investing in Friedens, Pennsylvania (15541)

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

Somerset County • Population: 2,998 • Data updated: September 2026

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Should you buy in 15541 (Friedens, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.1% 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 Friedens, PA (15541)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $208,182
Avg Monthly Rent $891
1% Rule ✗ Does Not Meet
Median Income $60,580
% Renters 8.0%

Market Analysis: 15541 Friedens

Investors eyeing 15541 need to respect the fundamentals at play. Home values of $208K come alongside slower price movement and elevated management overhead.

The 15541 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

The gap between 15541 and stronger Friedens ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Employment concentration in 15541 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 15541 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Friedens:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+8.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $891/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Somerset, PA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Somerset, PA metro data
🏠

Property Strategy for 15541

Which property type performs best in this market?

Best for Cash Flow
4BR
4.9% cap rate
Best for Appreciation
2BR
+6.7% 5yr CAGR
Best Overall Value
4BR
$55,008/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $178,530 $990 4.0% +6.7% $89,265
3BR $209,704 $1,330 4.6% +6.5% $69,901
4BR $220,031 $1,490 4.9% +5.7% $55,008

Market Trends

Home Value History (with trend line)

$219K$196K$174K$151K$129K$106KJan 2009Oct 2017Jul 2026

📊 How Does 15541 Compare?

Metric 15541 Friedens Somerset, PA Pennsylvania
Home Value $208,182 $208,182 N/A $278,018
5-Year CAGR 4.3% 4.3% N/A 6.3%
Avg Rent $891 $891 N/A -
Cap Rate 3.3% 3.3% - -
💡 Why Invest in 15541? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 15541 (Friedens, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+4.3%
Moderate

📉 Market Crash Risk Index

Based on Somerset, PA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
56%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $208,182
Monthly Rent $891
Price-to-Rent 19.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.1%
Cap Rate 3.3%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +8.0% ▲
3-Year CAGR +2.8% ▲
5-Year CAGR +4.3% ▲
10-Year CAGR +5.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
17.1%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.3%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 15541

Population: 2,998

💰 Median Household Income
$60,580
This area
$60,580
State
$73,647
USA
$74,580
🏠 Renter Occupied
8.0%
This area
8.0%
State
23.0%
USA
34.0%
💼 Unemployment Rate
5.1%
This area
5.1%
State
-7.4%
USA
3.7%
🎓 College Educated
16.3%
This area
16.3%
State
12.3%
USA
33.7%
👤 Median Age
47.7 years
This area
47.7 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
17.1%
This area
17.1%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 92.7%
Asian 3.8%
Other/Mixed 3.5%
Hispanic/Latino 3.3%
👶 Under 18
16.8%
This area
16.8%
USA
22.0%
👴 65 and Over
19.6%
This area
19.6%
USA
17.3%
📊 Poverty Rate
6.9%
This area
6.9%
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

🎓 Nearby Colleges & Universities

1 Nearby
C+
Somerset County Technology Center
50 students · 4.0 mi

Frequently Asked Questions

How much do tenants pay in Friedens, PA?

Expect rents around $891/mo per month in Friedens, PA. With home values at $208K, the yield math works out to reasonable levels for rental investors.

Are homes affordable in Friedens, PA?

Friedens, PA median home values land near $208K. That is reasonable territory for investors looking at $891/mo-per-month rentals.

Is Friedens, PA a smart market for rental property?

The 3.0/5 investability rating in Friedens, PA reflects its $208K prices and $891/mo rents. Investors generally consider it a solid option within PA.

How quickly do rentals get leased in Friedens, PA?

Friedens, PA carries elevated vacancy risk. Expect reliable absorption at market rents of $891/mo.

Is Friedens, PA landlord-friendly?

PA ranks as a landlord-friendly state for landlord-tenant law. Friedens generally follows the statewide framework, so landlords face reasonable operating rules.

You know 15541 now. You don’t know where it ranks.

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How 15541 ranks in Somerset, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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