Real Estate Investing in Spring Church, Pennsylvania (15618)

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

Armstrong County • Population: 2,388 • Data updated: September 2026

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Should you buy in 15618 (Spring Church, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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
1 flag
  • Elevated vacancy: 9.8% 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 Spring Church, PA (15618)?

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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 $150,849
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $61,875
% Renters 17.4%

Market Analysis: 15618 Spring Church

ZIP 15618 in Spring Church, PA carries a substantial set of headwinds. Home values near $151K and rents of $873/mo sit inside a market where underwriting has to be tight.

The investment case in 15618 is resilient only for operators who understand what they are buying. A $151K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within PA, ZIP 15618 trails on several market indicators that neighboring Armstrong County submarkets outperform. The gap is real and robust enough to shape underwriting.

The demographic picture in 15618 includes headwinds that any investor should price in. Income distribution skews lower than Spring Church averages, and tenant stability requires active management.

Strategically, 15618 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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 Spring Church:

B Good
Buy Confidence Score: 71/100
Affordability
25/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.4× the median income
Value Trend
Rising (+8.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Pittsburgh, PA Metro Area
More inventory, negotiating room for buyers
42 days
Average time to sell
Average
10.7%
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 Pittsburgh, PA metro data

Market Trends

Home Value History (with trend line)

$166K$146K$126K$107K$87K$67KJul 2006Jul 2016Jul 2026

📊 How Does 15618 Compare?

Metric 15618 Spring Church Pittsburgh, PA Pennsylvania
Home Value $150,849 $184,448 N/A $278,018
5-Year CAGR 1.9% 2.1% N/A 6.3%
Avg Rent $873 $905 N/A -
Cap Rate 4.5% 3.9% - -
💡 Why Invest in 15618? 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 15618 (Spring Church, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+1.9%
Slow

📉 Market Crash Risk Index

Based on Pittsburgh, PA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
1/2
42 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $150,849
Monthly Rent $873
Price-to-Rent 14.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.9%
Cap Rate 4.5%
5-Year IRR 6.4%

📈 Home Appreciation

1-Year +8.8% ▲
3-Year CAGR +1.2% ▲
5-Year CAGR +1.9% ▲
10-Year CAGR +3.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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.

Vacancy
9.8%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+1.9%
Flat
Eviction process: Moderate Rent control: Favorable

Demographics in 15618

Population: 2,388

💰 Median Household Income
$61,875
This area
$61,875
State
$73,647
USA
$74,580
🏠 Renter Occupied
17.4%
This area
17.4%
State
23.0%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-7.4%
USA
3.7%
🎓 College Educated
16.8%
This area
16.8%
State
12.3%
USA
33.7%
👤 Median Age
52.6 years
This area
52.6 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
9.8%
This area
9.8%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 97.7%
Black/African American 1.4%
Hispanic/Latino 0.8%
Other/Mixed 0.8%
Asian 0.1%
👶 Under 18
10.1%
This area
10.1%
USA
22.0%
👴 65 and Over
26.8%
This area
26.8%
USA
17.3%
📊 Poverty Rate
1.3%
This area
1.3%
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

2 Nearby 217 Off-Campus Students
C
Pennsylvania State University-Penn State New Kensington
456 students · 13.2 mi
C+
Lenape Technical School Practical Nursing Program
71 students · 14.7 mi

Frequently Asked Questions

Do landlords face vacancy issues in Spring Church, PA?

Rental vacancy in Spring Church, PA is elevated. Investors should budget normal turnover but not chronic empty units.

Does Spring Church, PA favor landlords or tenants?

Rental owners in Spring Church, PA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Is the tenant base reliable in Spring Church, PA?

The renter base in Spring Church, PA is reasonable for the $873/mo price point. Screening well and pricing to market typically yields stable tenants.

Can owner-occupants cash flow in Spring Church, PA?

Spring Church, PA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.

How do home values compare in Spring Church, PA?

Homes in Spring Church, PA typically sell near $151K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

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How 15618 ranks in Pittsburgh, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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