Real Estate Investing in Fredonia, Pennsylvania (16124)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16124 (Fredonia, PA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 12.7% of homes vacant — above national norms.
- Declining values: -2.3% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fredonia, PA (16124)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 16124 Fredonia
Stepping back, ZIP 16124 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $175K median. It rewards specialists, not generalists.
The 16124 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 16124's metrics run below Mercer County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 16124 ZIP's population of 1,656 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 16124 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Fredonia:
Market Trends
Home Value History (with trend line)
📊 How Does 16124 Compare?
| Metric | 16124 | Fredonia | Pennsylvania |
|---|---|---|---|
| Home Value | $175,218 | $175,218 | $278,018 |
| 5-Year CAGR | N/A | N/A | 6.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.9% | 3.9% | - |
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 16124 (Fredonia, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 16124 (Fredonia, PA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $175,218 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 1.6% |
📈 Home Appreciation
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | -4.7% ▼ |
| 5-Year CAGR | -2.3% ▼ |
| 10-Year CAGR | +1.5% ▲ |
🏠 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 (3.9%). 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 16124
Population: 1,656
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
Frequently Asked Questions
Does Fredonia, PA make sense for an investment property?
With a 2.0/5 investability score, Fredonia, PA ranks as a solid market for rental property investors. Median prices of $175K and rents of $873/mo drive the underlying numbers.
Which real estate strategy fits Fredonia, PA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Fredonia, PA. The numbers - $175K homes against $873/mo rents - support that play.
What kind of vacancy should I budget for in Fredonia, PA?
Fredonia, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is it like being a landlord in Fredonia, PA?
PA ranks as a landlord-friendly state for landlord-tenant law. Fredonia generally follows the statewide framework, so landlords face reasonable operating rules.
Where do rents currently stand in Fredonia, PA?
Investors in Fredonia, PA typically see rents near $873/mo per month against $175K home values - a solid setup for rental cash flow.
You know 16124 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 16124 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 16124 ranks in Youngstown-Warren-Boardman, OH-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 16124 (Fredonia)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 16124 (Fredonia, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.