Real Estate Investing in Home, Pennsylvania (15747)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15747 (Home, 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: 13.1% 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 Home, PA (15747)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15747 Home
Not every below-median market is a bargain. Home's 15747 ZIP stands at signals that favor experienced operators who can absorb the risk $206K pricing implies.
Meanwhile, the numbers look inviting — $206K purchase price, 0.0% nominal cap — the work to hit that pro forma in 15747 is substantial and deserves full respect.
Within PA, ZIP 15747 trails on several market indicators that neighboring Indiana County submarkets outperform. The gap is real and substantial enough to shape underwriting.
The 15747 ZIP's population of 1,796 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 15747 is an operator game, not a passive one. Meanwhile, entry prices of $206K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Home:
Property Strategy for 15747
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $149,340 | $970 | 4.7% | +4.6% | $74,670 |
| 3BR | $193,822 | $1,320 | 4.9% | +5.2% | $64,607 |
Market Trends
Home Value History (with trend line)
📊 How Does 15747 Compare?
| Metric | 15747 | Home | Indiana, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $206,116 | $206,116 | N/A | $278,018 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15747 (Home, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $206,116 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.3%). 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.
Demographics in 15747
Population: 1,796
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 15747
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
Investor Insight: With 932 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Home, PA?
The typical rental in Home, PA commands about $873/mo monthly. That rent profile measured cash flow against the $206K purchase basis.
How much should I expect to pay for a home in Home, PA?
Typical homes in Home, PA go for around $206K. The 5-year CAGR of 0.0% measured price movement.
What strategy should investors use in Home, PA?
A careful cash-flow rentals with hands-on management strategy Home, PA best. The market produces reliable results for that approach at the $206K price point.
Are eviction rules reasonable in Home, PA?
Home, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is real estate in Home, PA a good investment right now?
Home, PA rates 3.0/5 for investability. With median values at $206K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
You know 15747 now. You don’t know where it ranks.
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How 15747 ranks in Indiana, PA
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