Real Estate Investing in Manorville, Pennsylvania (16238)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16238 (Manorville, PA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.9% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.2% CAGR).
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Manorville, PA (16238)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 16238 Manorville
ZIP 16238 in Manorville, PA carries a resilient set of headwinds. Home values near $98K and rents of $873/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 16238 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 16238's metrics run below Armstrong County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 16238 includes headwinds that any investor should price in. Income distribution skews lower than Manorville averages, and tenant stability requires active management.
Distressed ZIPs reward experience. substantial returns are possible in 16238, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Manorville:
Market Trends
Home Value History (with trend line)
📊 How Does 16238 Compare?
| Metric | 16238 | Manorville | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $98,258 | $98,258 | N/A | $278,018 |
| 5-Year CAGR | 0.2% | 0.2% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 6.9% | 6.9% | - | - |
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 16238 (Manorville, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 16238 (Manorville, PA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $98,258 |
| Monthly Rent | $873 |
| Price-to-Rent | 9.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.7% |
| Cap Rate | 6.9% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | -2.5% ▼ |
| 3-Year CAGR | -0.4% ▼ |
| 5-Year CAGR | +0.2% ▲ |
| 10-Year CAGR | +4.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 16238
Population: 446
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 16238
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
West Hills Intermediate Sch
West Hills Primary Sch
Armstrong JSHS
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
Frequently Asked Questions
What is the investability score for Manorville, PA?
Yes - Manorville, PA a 3.0/5 investability score. With $98K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
How strong is the working-renter base in Manorville, PA?
Tenant demand in Manorville, PA is solid. The local workforce $873/mo rents across most rental classes.
Is vacancy a concern in Manorville, PA?
Expect elevated vacancy in Manorville, PA. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
What is the median home value in Manorville, PA?
Expect median prices around $98K in Manorville, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the average monthly rent in Manorville, PA?
Expect rents around $873/mo per month in Manorville, PA. With home values at $98K, the yield math works out to reasonable levels for rental investors.
You know 16238 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 16238 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 16238 ranks in Pittsburgh, PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 16238 (Manorville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 16238 (Manorville, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.