Real Estate Investing in Edinboro, Pennsylvania (16412)

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

Erie County • Population: 9,726 • Data updated: September 2026

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Should you buy in 16412 (Edinboro, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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: 15.6% 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 Edinboro, PA (16412)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $303,226
Avg Monthly Rent $1,089
1% Rule ✗ Does Not Meet
Median Income $65,605
% Renters 31.6%

Market Analysis: 16412 Edinboro

The 16412 ZIP covers a section of Edinboro that demands careful diligence. Prices near $303K look accessible, but the work to make a deal cash flow is real.

The 16412 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 16412's metrics run below Erie County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Employment concentration in 16412 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 Edinboro's stable or hybrid ZIPs before stepping into 16412. The learning curve here is expensive when the lesson is wrong.

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 Edinboro:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Rising (+10.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,089/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
Erie, PA Metro Area
Seller-favorable conditions, steady activity
19 days
Average time to sell
Fast
10.0%
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 Erie, PA metro data
🏠

Property Strategy for 16412

Which property type performs best in this market?

Best for Cash Flow
2BR
4.1% cap rate
Best for Appreciation
4BR
+8.5% 5yr CAGR
Best Overall Value
5BR
$79,083/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $210,631 $1,210 4.1% +8.4% $105,316
3BR $278,899 $1,500 3.9% +7.6% $92,966
4BR $339,478 $1,690 3.6% +8.5% $84,870
5BR $395,416 +7.9% $79,083

Market Trends

Home Value History (with trend line)

$316K$280K$244K$208K$172K$136KJul 2006Jul 2016Jul 2026

📊 How Does 16412 Compare?

Metric 16412 Edinboro Erie, PA Pennsylvania
Home Value $303,226 $151,613 N/A $278,018
5-Year CAGR 6.7% 6.7% N/A 6.3%
Avg Rent $1,089 $1,089 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 16412? 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 16412 (Edinboro, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+6.7%
Strong

📉 Market Crash Risk Index

Based on Erie, PA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
0/2
19 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $303,226
Monthly Rent $1,089
Price-to-Rent 23.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.3%
Cap Rate 2.8%
5-Year IRR 9.5%

📈 Home Appreciation

1-Year +10.0% ▲
3-Year CAGR +6.2% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +6.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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
15.6%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.7%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 16412

Population: 9,726

💰 Median Household Income
$65,605
This area
$65,605
State
$73,647
USA
$74,580
🏠 Renter Occupied
31.6%
This area
31.6%
State
23.0%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-7.4%
USA
3.7%
🎓 College Educated
48.2%
This area
48.2%
State
12.3%
USA
33.7%
👤 Median Age
39.0 years
This area
39.0 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
15.6%
This area
15.6%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 95.9%
Other/Mixed 3.4%
Hispanic/Latino 2.5%
Black/African American 0.7%
👶 Under 18
17.2%
This area
17.2%
USA
22.0%
👴 65 and Over
17.3%
This area
17.3%
USA
17.3%
📊 Poverty Rate
2.1%
This area
2.1%
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

🎓 Schools in 16412

A Avg School Grade
3 Schools
14.9:1 Avg Class Size
$18,293 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Edinboro El Sch

📚 K – 04 Elementary
👥
410 Students
👨‍🏫
14.0:1 Class Size
💰
$18,293 Per Student
A Very Good

General McLane HS

📚 09 – 12 High School
👥
689 Students
👨‍🏫
15.2:1 Class Size
💰
$18,293 Per Student
A Very Good

James W Parker MS

📚 05 – 08 School
👥
639 Students
👨‍🏫
15.4:1 Class Size
💰
$18,293 Per Student
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

3 Nearby
C+
Erie Institute of Technology Inc
183 students · 13.5 mi
C+
Lake Erie College of Osteopathic Medicine
4,117 students · 14.0 mi
D
Great Lakes Institute of Technology
303 students · 14.1 mi

Frequently Asked Questions

What are home prices like in Edinboro, PA?

In Edinboro, PA the median home value sits at $303K. Against the broader PA market, that reads as reasonable for most investors.

What kind of tenants rent in Edinboro, PA?

Tenant demand in Edinboro, PA is solid. The local workforce $1,089/mo rents across most rental classes.

What type of investing works in Edinboro, PA?

Most investors in Edinboro, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Is house hacking profitable in Edinboro, PA?

The a challenging house-hack environment in Edinboro, PA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How does Edinboro, PA rate as a rental market?

Investors tracking Edinboro, PA will find a 3.0/5 rating supported by $303K median home values and $1,089/mo rents. That profile suits long-term holders targeting predictable returns.

You know 16412 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 16412 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.

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How 16412 ranks in Erie, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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