Real Estate Investing in Utica, Pennsylvania (16362)
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Should you buy in 16362 (Utica, 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.
- High vacancy: 26.4% 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 Utica, PA (16362)?
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Market Analysis: 16362 Utica
The 16362 ZIP covers a section of Utica that demands careful diligence. Prices near $169K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 16362 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 16362's metrics run below Venango County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
From an investor standpoint, 1,018 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. significant returns are possible in 16362, 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 Utica:
Property Strategy for 16362
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $116,624 | $970 | 6.0% | +6.4% | $58,312 |
| 3BR | $192,389 | $1,240 | 4.6% | +6.1% | $64,130 |
Market Trends
Home Value History (with trend line)
📊 How Does 16362 Compare?
| Metric | 16362 | Utica | Oil City, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $169,383 | $169,383 | N/A | $278,018 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16362 (Utica, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $169,383 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 16362
Population: 1,018
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
Frequently Asked Questions
What is the average home sale price in Utica, PA?
Typical homes in Utica, PA go for around $169K. The 5-year CAGR of 0.0% steady price movement.
Does Utica, PA favor landlords or tenants?
Rental owners in Utica, PA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the renter demographic in Utica, PA?
Utica, PA offers a consistent renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is real estate in Utica, PA a good investment right now?
Utica, PA scores 3.0/5 for investability. Home values sit at $169K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Does house hacking make sense in Utica, PA?
House hacking works a challenging in Utica, PA. Rents of $873/mo against $169K acquisition make the strategy solid for owner-occupants.
You know 16362 now. You don’t know where it ranks.
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How 16362 ranks in Oil City, PA
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