Real Estate Investing in East Freedom, Pennsylvania (16637)
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Should you buy in 16637 (East Freedom, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in East Freedom, PA (16637)?
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Market Analysis: 16637 East Freedom
ZIP 16637 inside Blair County looks affordable on the surface — median value of $186K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $186K asset, 16637 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 16637 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 16637 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
trends toward 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 East Freedom:
Market Trends
Home Value History (with trend line)
📊 How Does 16637 Compare?
| Metric | 16637 | East Freedom | Altoona, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $185,542 | $185,542 | N/A | $278,018 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 6.3% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16637 (East Freedom, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $185,542 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +14.3% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (4.7%). 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.
Demographics in 16637
Population: 2,236
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
Is East Freedom in PA worth investing in?
Our data puts East Freedom, PA at 3.0/5 for investability. Home prices of $186K and rents around $1,125/mo create a solid backdrop for investor activity.
What is the typical vacancy rate in East Freedom, PA?
Occupancy in East Freedom, PA runs stable with elevated vacancy. Well-priced units at $1,125/mo lease on reasonable timelines.
What do landlords charge for rent in East Freedom, PA?
Expect rents around $1,125/mo per month in East Freedom, PA. With home values at $186K, the yield math works out to reasonable levels for rental investors.
Can owner-occupants cash flow in East Freedom, PA?
East Freedom, PA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $186K price point reasonable to enter.
Is East Freedom, PA a friendly market for rental owners?
East Freedom, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 16637 now. You don’t know where it ranks.
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How 16637 ranks in Altoona, PA
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