Real Estate Investing in Warren, Pennsylvania (16365)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16365 (Warren, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.7% vacancy may signal weakening demand.
What’s happening in Warren, PA (16365)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 16365 Warren
ZIP 16365 inside Warren County looks affordable on the surface — median value of $145K — but the discount exists for reasons that a careful buyer should understand before committing.
The 16365 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 16365's metrics run below Warren County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 16365 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 16365 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Warren:
Property Strategy for 16365
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $69,840 | $830 | 8.6% | — | $69,840 |
| 2BR | $116,581 | $990 | 6.1% | +8.2% | $58,291 |
| 3BR | $150,026 | $1,330 | 6.4% | +7.5% | $50,009 |
| 4BR | $152,325 | $1,390 | 6.6% | +7.0% | $38,081 |
| 5BR | $165,065 | — | — | +7.1% | $33,013 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 16365 Compare?
| Metric | 16365 | Warren | Warren, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $144,654 | $144,654 | N/A | $278,018 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 6.3% |
| Avg Rent | $843 | $843 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
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 16365 (Warren, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,654 |
| Monthly Rent | $843 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (4.5%). 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 16365
Population: 17,303
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 16365
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are vacancy rates like in Warren, PA?
Warren, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
Are eviction rules reasonable in Warren, PA?
Warren, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What approach is best for Warren, PA real estate?
The best-fit strategy in Warren, PA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does house hacking work in Warren, PA?
House hacking works a challenging in Warren, PA. Rents of $843/mo against $145K acquisition make the strategy solid for owner-occupants.
Is the tenant base reliable in Warren, PA?
The renter base in Warren, PA is reasonable for the $843/mo price point. Screening well and pricing to market typically yields steady tenants.
You know 16365 now. You don’t know where it ranks.
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How 16365 ranks in Warren, PA
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