Real Estate Investing in Fairview, Pennsylvania (16415)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16415 (Fairview, 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: 8.8% vacancy may signal weakening demand.
What’s happening in Fairview, PA (16415)?
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Market Analysis: 16415 Fairview
On the rental side, ZIP 16415 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $385K median. It rewards specialists, not generalists.
For an experienced owner, 16415 can be a a solid fit for hunting ground — but the discount at $385K reflects genuine risk that outside investors often underestimate.
The gap between 16415 and stronger Fairview ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 16415 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Fairview:
Property Strategy for 16415
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $248,279 | $1,610 | 4.7% | +8.0% | $124,139 |
| 3BR | $288,969 | $1,990 | 5.0% | +8.3% | $96,323 |
| 4BR | $463,305 | $2,240 | 3.5% | +8.6% | $115,826 |
| 5BR | $544,225 | — | — | +8.7% | $108,845 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 16415 Compare?
| Metric | 16415 | Fairview | Erie, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $384,838 | $384,838 | N/A | $278,018 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 6.3% |
| Avg Rent | $2,273 | $2,273 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
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 16415 (Fairview, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $384,838 |
| Monthly Rent | $2,273 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (4.6%). 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 16415
Population: 10,251
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 16415
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
Does Fairview, PA make sense for an investment property?
With a 3.0/5 investability score, Fairview, PA ranks as a solid market for rental property investors. Median prices of $385K and rents of $2,273/mo drive the underlying numbers.
Which real estate strategy fits Fairview, PA?
The best-fit strategy in Fairview, PA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How do home values compare in Fairview, PA?
In Fairview, PA the median home value sits at $385K. Against the broader PA market, that reads as reasonable for most investors.
What kind of tenants rent in Fairview, PA?
Tenant quality in Fairview, PA ranks as solid. Landlords generally report measured occupancy at market rents of $2,273/mo.
What is the average monthly rent in Fairview, PA?
Expect rents around $2,273/mo per month in Fairview, PA. With home values at $385K, the yield math works out to reasonable levels for rental investors.
You know 16415 now. You don’t know where it ranks.
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How 16415 ranks in Erie, PA
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