Real Estate Investing in Hilliards, Pennsylvania (16020)

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

Butler County • Population: 1,179 • Data updated: September 2026

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Should you buy in 16020 (Hilliards, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
WEAK
2.0 / 5 (38/100)

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
2 flags
  • High vacancy: 14.3% of homes vacant — above national norms.
  • 1-year downturn: Values declined 5.1% in the last year.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Hilliards, PA (16020)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $168,931
Avg Monthly Rent $1,026
1% Rule ✗ Does Not Meet
Median Income $82,813
% Renters 10.3%

Market Analysis: 16020 Hilliards

ZIP 16020 inside Butler County looks affordable on the surface — median value of $169K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed markets are won on execution, not on spreadsheets. ZIP 16020 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Statewide comparisons place 16020 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Who lives in 16020 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 16020 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Hilliards:

C Below Average
Buy Confidence Score: 57/100
Affordability
25/25
Appreciation
0/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2× the median income
Value Trend
Declining (-5.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,026/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
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)

$201K$194K$187K$180K$173K$167KOct 2023Mar 2025Jul 2026

📊 How Does 16020 Compare?

Metric 16020 Hilliards Pittsburgh, PA Pennsylvania
Home Value $168,931 $168,931 N/A $278,018
5-Year CAGR N/A N/A N/A 6.3%
Avg Rent $1,026 $1,026 N/A -
Cap Rate 4.7% 4.7% - -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 16020 (Hilliards, PA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
4.7%
Fair

📉 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 $168,931
Monthly Rent $1,026
Price-to-Rent 13.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.3%
Cap Rate 4.7%
5-Year IRR N/A

📈 Home Appreciation

1-Year -5.1% ▼
3-Year CAGR N/A
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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
14.3%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 16020

Population: 1,179

💰 Median Household Income
$82,813
This area
$82,813
State
$73,647
USA
$74,580
🏠 Renter Occupied
10.3%
This area
10.3%
State
23.0%
USA
34.0%
💼 Unemployment Rate
4.4%
This area
4.4%
State
-7.4%
USA
3.7%
🎓 College Educated
18.9%
This area
18.9%
State
12.3%
USA
33.7%
👤 Median Age
44.5 years
This area
44.5 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
14.3%
This area
14.3%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 98.4%
Other/Mixed 0.8%
Asian 0.6%
Black/African American 0.2%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
4.4%
This area
4.4%
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 167 Off-Campus Students
C+
Slippery Rock University of Pennsylvania
8,350 students · 8.6 mi
B
Grove City College
2,394 students · 10.0 mi

Frequently Asked Questions

Are homes affordable in Hilliards, PA?

Hilliards, PA median home values land near $169K. That is reasonable territory for investors looking at $1,026/mo-per-month rentals.

How do experienced investors play Hilliards, PA?

The best-fit strategy in Hilliards, PA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Are rents high in Hilliards, PA?

Rents in Hilliards, PA run near $1,026/mo. Compared with median home prices of $169K that produces solid gross yields for typical rentals.

How strict are landlord regulations in Hilliards, PA?

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

How viable is house hacking in Hilliards, PA?

The house hack math a challenging in Hilliards, PA. Owner-occupant buyers benefit from the $1,026/mo rents and $169K home values.

You know 16020 now. You don’t know where it ranks.

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How 16020 ranks in Pittsburgh, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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