Real Estate Investing in Sharon, Pennsylvania (16146)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16146 (Sharon, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 14.4% of homes vacant — above national norms.
What’s happening in Sharon, PA (16146)?
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Market Analysis: 16146 Sharon
In Sharon's 16146 ZIP, the arithmetic favors hands-on owners. Median home values comes in at $74K, leaving spread for capex-heavy BRRRR or reposition strategies.
Flippers and value-add operators have treated 16146 as a working ZIP for a reason. Entry prices around $74K and a deep rental base of 46% renters underpin the exit strategy on both the sale and rent sides.
Relative to PA, 16146 reads as a working-capital ZIP — prices below average, renter share elevated at 46%, and room for operator-led upside.
The resident base in 16146 runs younger and more tenure-renter than county averages. 46% of 13,033 households lease, which is the demand source for post-rehab rent lifts.
Experienced operators with contractor networks find 16146 a credible choice for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Sharon:
Property Strategy for 16146
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $74,730 | $980 | 9.4% | +11.6% | $37,365 |
| 3BR | $86,685 | $1,360 | 11.3% | +8.0% | $28,895 |
| 4BR | $120,386 | $1,510 | 9.0% | +8.8% | $30,096 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 16146 Compare?
| Metric | 16146 | Sharon | Pennsylvania |
|---|---|---|---|
| Home Value | $73,606 | $73,606 | $278,018 |
| 5-Year CAGR | 6.2% | 6.2% | 6.3% |
| Avg Rent | $961 | $961 | - |
| Cap Rate | 10.2% | 10.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16146 (Sharon, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $73,606 |
| Monthly Rent | $961 |
| Price-to-Rent | 6.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.7% |
| Cap Rate | 10.2% |
| 5-Year IRR | 16.4% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.2%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 16146
Population: 13,033
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 16146
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Farrell Area ES/LMS
Farrell Area HS/UMS
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 1,909 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking make sense in Sharon, PA?
The an attractive house-hack environment in Sharon, PA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the typical rental rate in Sharon, PA?
Expect rents around $961/mo per month in Sharon, PA. With home values at $74K, the yield math works out to reasonable levels for rental investors.
How expensive is real estate in Sharon, PA?
In Sharon, PA the median home value sits at $74K. Against the broader PA market, that reads as reasonable for most investors.
How well does BRRRR work in Sharon, PA?
Sharon, PA is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $961/mo produces solid refinance appraisals against $74K values.
What approach is best for Sharon, PA real estate?
Sharon, PA investors pursuing value-add and BRRRR deals. The underlying economics ($74K prices, $961/mo rents) make it a reasonable choice.
You know 16146 now. You don’t know where it ranks.
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