Real Estate Investing in Shelocta, Pennsylvania (15736)

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

Armstrong County • Population: 349 • Data updated: September 2026

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Should you buy in 15736 (Shelocta, 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: 8.5% vacancy may signal weakening demand.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Shelocta, PA (15736)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $155,909
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $54,688
% Renters 22.3%

Market Analysis: 15736 Shelocta

The 15736 ZIP in Shelocta, PA is a local-operator market. Outside capital chasing a $156K entry has to pair deep knowledge with the discount.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 15736 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 15736 sits on the difficult end of the PA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

Resident income in 15736 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategy in 15736 is an operator game, not a passive one. Turning to rents, entry prices of $156K 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 Shelocta:

B Good
Buy Confidence Score: 70/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Stable (+1.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/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)

$164K$148K$132K$116K$100K$84KJan 2015Oct 2020Jul 2026

📊 How Does 15736 Compare?

Metric 15736 Shelocta Pittsburgh, PA Pennsylvania
Home Value $155,909 $178,957 N/A $278,018
5-Year CAGR 3.7% 3.8% N/A 6.3%
Avg Rent $909 $891 N/A -
Cap Rate 4.6% 4.0% - -
💡 Why Invest in 15736? 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 15736 (Shelocta, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.6%
Fair
5yr Growth
+3.7%
Moderate

📉 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 $155,909
Monthly Rent $909
Price-to-Rent 14.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.0%
Cap Rate 4.6%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +1.7% ▲
3-Year CAGR +2.6% ▲
5-Year CAGR +3.7% ▲
10-Year CAGR +5.1% ▲

🏠 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.

Run an IRR Analysis →

⚠️ Risk Signals

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

Vacancy
8.5%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 15736

Population: 349

💰 Median Household Income
$54,688
This area
$54,688
State
$73,647
USA
$74,580
🏠 Renter Occupied
22.3%
This area
22.3%
State
23.0%
USA
34.0%
💼 Unemployment Rate
3.7%
This area
3.7%
State
-7.4%
USA
3.7%
🎓 College Educated
11.6%
This area
11.6%
State
12.3%
USA
33.7%
👤 Median Age
61.6 years
This area
61.6 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
8.5%
This area
8.5%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 98.0%
Other/Mixed 2.0%
Hispanic/Latino 1.7%
👶 Under 18
16.5%
This area
16.5%
USA
22.0%
👴 65 and Over
32.7%
This area
32.7%
USA
17.3%
📊 Poverty Rate
6.7%
This area
6.7%
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 15736

A+ Avg School Grade
1 Schools
10.4:1 Avg Class Size
$22,413 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Elderton El Sch

📚 K – 06 School
👥
207 Students
👨‍🏫
10.4:1 Class Size
💰
$22,413 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

5 Nearby 946 Off-Campus Students
C+
Lenape Technical School Practical Nursing Program
71 students · 9.2 mi
C
Butler Beauty Academy-Kittanning Beauty Academy
39 students · 11.2 mi
C+
Indiana University of Pennsylvania-Main Campus
9,246 students · 12.4 mi
C+
Indiana County Technology Center
90 students · 13.5 mi
C+
The Rapha School
51 students · 14.5 mi

Investor Insight: With 946 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What monthly rent should investors expect in Shelocta, PA?

Rental rates in Shelocta, PA average $909/mo. Tenant demand and $156K home values make the yield look reasonable by investor standards.

What is the best play in Shelocta, PA?

Shelocta, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($156K prices, $909/mo rents) make it a reasonable choice.

What are vacancy rates like in Shelocta, PA?

Shelocta, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.

Does Shelocta, PA favor landlords or tenants?

Shelocta, PA operates under PA law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

What are home prices like in Shelocta, PA?

The median home value in Shelocta, PA is roughly $156K. That puts it reasonable relative to the PA statewide average.

You know 15736 now. You don’t know where it ranks.

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How 15736 ranks in Pittsburgh, PA

Every ZIP in this metro, ranked. Free.

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