Real Estate Investing in Knox, Pennsylvania (16232)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16232 (Knox, PA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.5% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Knox, PA (16232)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 16232 Knox
Investors eyeing 16232 need to respect the fundamentals at play. Home values of $153K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $153K asset, 16232 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within PA, ZIP 16232 trails on several market indicators that neighboring Clarion County submarkets outperform. The gap is real and robust enough to shape underwriting.
Employment concentration in 16232 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Knox's stable or hybrid ZIPs before stepping into 16232. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Knox:
Market Trends
Home Value History (with trend line)
📊 How Does 16232 Compare?
| Metric | 16232 | Knox | Pennsylvania |
|---|---|---|---|
| Home Value | $153,464 | $153,464 | $278,018 |
| 5-Year CAGR | 4.6% | 4.6% | 6.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.4% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16232 (Knox, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $153,464 |
| Monthly Rent | $873 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (4.4%). 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 16232
Population: 4,091
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 16232
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.
Frequently Asked Questions
Are rents high in Knox, PA?
Knox, PA rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $153K acquisition costs.
How deep is the rental pool in Knox, PA?
Expect a solid tenant pool in Knox, PA. The rental market absorbs $873/mo rents without meaningful friction.
How does Knox, PA rate as a rental market?
Knox, PA scores 3.0/5 for investability. Home values sit at $153K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Can I live-in-and-rent in Knox, PA?
The house hack math a challenging in Knox, PA. Owner-occupant buyers benefit from the $873/mo rents and $153K home values.
What real estate strategy is ideal for Knox, PA?
Knox, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($153K prices, $873/mo rents) make it a reasonable choice.
You know 16232 now. You don’t know where it ranks.
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