Real Estate Investing in Grove City, Pennsylvania (16127)

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

Mercer County • Population: 15,295 • Data updated: September 2026

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Should you buy in 16127 (Grove City, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (55/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
1 flag
  • Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).

What’s happening in Grove City, PA (16127)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $218,985
Avg Monthly Rent $738
1% Rule ✗ Does Not Meet
Median Income $70,475
% Renters 27.6%

Market Analysis: 16127 Grove City

Investors eyeing 16127 need to respect the fundamentals at play. Home values of $219K come alongside slower price movement and elevated management overhead.

The investment case in 16127 is healthy only for operators who understand what they are buying. A $219K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

The gap between 16127 and stronger Grove City ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Resident income in 16127 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

New investors are better served looking at Grove City's stable or hybrid ZIPs before stepping into 16127. The learning curve here is expensive when the lesson is wrong.

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 Grove City:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
14/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.1× the median income
Value Trend
Declining (-2.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $738/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 16127

Which property type performs best in this market?

Best for Cash Flow
3BR
4.2% cap rate
Best for Appreciation
2BR
+7.6% 5yr CAGR
Best Overall Value
4BR
$79,618/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $175,037 $1,020 4.2% +7.6% $87,519
3BR $243,051 $1,420 4.2% +6.8% $81,017
4BR $318,471 $1,570 3.5% +7.5% $79,618

Market Trends

Home Value History (with trend line)

$246K$223K$200K$177K$154K$131KJan 2009Oct 2017Jul 2026

Rent History (with trend line)

$1,125$1,041$958$874$791$708Jul 2025Jan 2026Jul 2026

📊 How Does 16127 Compare?

Metric 16127 Grove City Pennsylvania
Home Value $218,985 $218,985 $278,018
5-Year CAGR 1.4% 1.4% 6.3%
Avg Rent $738 $738 -
Cap Rate 2.6% 2.6% -
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 16127 (Grove City, PA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.6%
Low
5yr Growth
+1.4%
Slow

📊 Market Snapshot

Home Value $218,985
Monthly Rent $738
Price-to-Rent 24.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.0%
Cap Rate 2.6%
5-Year IRR 4.0%

📈 Home Appreciation

1-Year -2.7% ▼
3-Year CAGR -0.3% ▼
5-Year CAGR +1.4% ▲
10-Year CAGR +3.1% ▲

🏠 Rent Trends

1-Year -32.6% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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
7.1%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+1.4%
Flat
Eviction process: Moderate Rent control: Favorable

Demographics in 16127

Population: 15,295

💰 Median Household Income
$70,475
This area
$70,475
State
$73,647
USA
$74,580
🏠 Renter Occupied
27.6%
This area
27.6%
State
23.0%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-7.4%
USA
3.7%
🎓 College Educated
35.4%
This area
35.4%
State
12.3%
USA
33.7%
👤 Median Age
35.3 years
This area
35.3 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
7.1%
This area
7.1%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 92.4%
Other/Mixed 4.4%
Hispanic/Latino 2.8%
Black/African American 2.3%
Asian 0.8%
👶 Under 18
17.7%
This area
17.7%
USA
22.0%
👴 65 and Over
17.8%
This area
17.8%
USA
17.3%
📊 Poverty Rate
7.2%
This area
7.2%
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 16127

A+ Avg School Grade
3 Schools
11.7:1 Avg Class Size
$21,804 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Grove City Area HS

📚 09 – 12 High School
👥
650 Students
👨‍🏫
10.9:1 Class Size
💰
$21,804 Per Student
A+ Excellent

Grove City Area MS

📚 06 – 08 Middle
👥
408 Students
👨‍🏫
11.4:1 Class Size
💰
$21,804 Per Student
A+ Excellent

Hillview El Sch

📚 K – 05 Elementary
👥
772 Students
👨‍🏫
12.8:1 Class Size
💰
$21,804 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

4 Nearby 167 Off-Campus Students
B
Grove City College
2,394 students · 1.4 mi
C+
Slippery Rock University of Pennsylvania
8,350 students · 7.8 mi
D
Mercer County Career Center
0 students · 10.7 mi
C
Westminster College
1,203 students · 14.1 mi

Frequently Asked Questions

What is the average monthly rent in Grove City, PA?

Average rent in Grove City, PA is approximately $738/mo per month. Against $219K home values that yields a reasonable rent-to-price ratio.

How tight is the rental market in Grove City, PA?

Occupancy in Grove City, PA runs even-keeled with elevated vacancy. Well-priced units at $738/mo lease on reasonable timelines.

Is Grove City, PA a good market for buy-and-hold investors?

The 2.0/5 investability rating in Grove City, PA reflects its $219K prices and $738/mo rents. Investors generally consider it a solid option within PA.

What is the best play in Grove City, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Grove City, PA. With home values at $219K and rents near $738/mo, other strategies can work but produce consistent rather than outsized returns.

Is Grove City, PA landlord-friendly?

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

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How 16127 ranks in Youngstown-Warren-Boardman, OH-PA

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