Real Estate Investing in Cranberry, Pennsylvania (16319)

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

Venango County • Population: 1,050 • Data updated: September 2026

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Should you buy in 16319 (Cranberry, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.9% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Cranberry, PA (16319)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $183,176
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $62,026
% Renters 5.1%

Market Analysis: 16319 Cranberry

Not every below-median market is a bargain. Cranberry's 16319 ZIP records signals that favor experienced operators who can absorb the risk $183K pricing implies.

For an experienced owner, 16319 can be a worth a close look for hunting ground — but the discount at $183K reflects genuine risk that outside investors often underestimate.

The gap between 16319 and stronger Cranberry ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The demographic picture in 16319 includes headwinds that any investor should price in. Income distribution skews lower than Cranberry averages, and tenant stability requires active management.

Strategy in 16319 is an operator game, not a passive one. In practical terms, entry prices of $183K are inviting, the management lift is real and non-optional.

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 Cranberry:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+6.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Oil City, PA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Oil City, PA metro data
🏠

Property Strategy for 16319

Which property type performs best in this market?

Best for Cash Flow
3BR
4.6% cap rate
Best for Appreciation
3BR
+7.0% 5yr CAGR
Best Overall Value
3BR
$62,705/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $150,958 $970 4.6% +7.0% $75,479
3BR $188,115 $1,210 4.6% +7.0% $62,705

Market Trends

Home Value History (with trend line)

$190K$171K$152K$133K$113K$94KJul 2006Jul 2016Jul 2026

📊 How Does 16319 Compare?

Metric 16319 Cranberry Oil City, PA Pennsylvania
Home Value $183,176 $183,176 N/A $278,018
5-Year CAGR 4.1% 4.1% N/A 6.3%
Avg Rent $873 $873 N/A -
Cap Rate 3.7% 3.7% - -
💡 Why Invest in 16319? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 16319 (Cranberry, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+4.1%
Moderate

📉 Market Crash Risk Index

Based on Oil City, PA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $183,176
Monthly Rent $873
Price-to-Rent 17.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.7%
Cap Rate 3.7%
5-Year IRR 7.8%

📈 Home Appreciation

1-Year +6.0% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +4.1% ▲
10-Year CAGR +4.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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
13.9%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.1%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 16319

Population: 1,050

💰 Median Household Income
$62,026
This area
$62,026
State
$73,647
USA
$74,580
🏠 Renter Occupied
5.1%
This area
5.1%
State
23.0%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-7.4%
USA
3.7%
🎓 College Educated
17.8%
This area
17.8%
State
12.3%
USA
33.7%
👤 Median Age
56.5 years
This area
56.5 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
13.9%
This area
13.9%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 94.2%
Other/Mixed 5.8%
Hispanic/Latino 5.7%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
38.0%
This area
38.0%
USA
17.3%
📊 Poverty Rate
9.1%
This area
9.1%
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

🎓 Nearby Colleges & Universities

1 Nearby 49 Off-Campus Students
C
Venango County Area Vocational Technical School
57 students · 7.8 mi

Frequently Asked Questions

Is Cranberry in PA worth investing in?

Investors tracking Cranberry, PA will find a 3.0/5 rating supported by $183K median home values and $873/mo rents. That profile suits long-term holders targeting predictable returns.

What is the best play in Cranberry, PA?

Cranberry, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($183K prices, $873/mo rents) make it a reasonable choice.

What is the typical renter like in Cranberry, PA?

Cranberry, PA offers a consistent renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.

Do rentals sit vacant long in Cranberry, PA?

Expect elevated vacancy in Cranberry, PA. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

Can owner-occupants cash flow in Cranberry, PA?

Cranberry, PA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.

You know 16319 now. You don’t know where it ranks.

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How 16319 ranks in Oil City, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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