Real Estate Investing in Bellwood, Pennsylvania (16617)

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

Blair County • Population: 2,505 • Data updated: September 2026

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Should you buy in 16617 (Bellwood, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.5% vacancy may signal weakening demand.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Bellwood, PA (16617)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $176,233
Avg Monthly Rent $1,017
1% Rule ✗ Does Not Meet
Median Income $53,487
% Renters 24.4%

Market Analysis: 16617 Bellwood

Not every below-median market is a bargain. Bellwood's 16617 ZIP comes in at signals that favor experienced operators who can absorb the risk $176K pricing implies.

The investment case in 16617 is significant only for operators who understand what they are buying. A $176K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In practical terms, 16617 offers a low basis, the region around Bellwood has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The demographic picture in 16617 includes headwinds that any investor should price in. Income distribution skews lower than Bellwood averages, and tenant stability requires active management.

The 16617 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Bellwood:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Rising (+11.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,017/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Altoona, PA Metro Area
More inventory, negotiating room for buyers
41 days
Average time to sell
Average
11.9%
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 Altoona, PA metro data

Market Trends

Home Value History (with trend line)

$182K$169K$156K$143K$130K$117KJun 2013Jan 2020Jul 2026

📊 How Does 16617 Compare?

Metric 16617 Bellwood Altoona, PA Pennsylvania
Home Value $176,233 $176,233 N/A $278,018
5-Year CAGR 2.4% 2.4% N/A 6.3%
Avg Rent $1,017 $1,017 N/A -
Cap Rate 4.5% 4.5% - -
💡 Why Invest in 16617? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 16617 (Bellwood, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+2.4%
Slow

📉 Market Crash Risk Index

Based on Altoona, PA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
1/2
41 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $176,233
Monthly Rent $1,017
Price-to-Rent 14.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.9%
Cap Rate 4.5%
5-Year IRR 6.9%

📈 Home Appreciation

1-Year +11.9% ▲
3-Year CAGR +5.9% ▲
5-Year CAGR +2.4% ▲
10-Year CAGR +2.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
10.5%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.4%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 16617

Population: 2,505

💰 Median Household Income
$53,487
This area
$53,487
State
$73,647
USA
$74,580
🏠 Renter Occupied
24.4%
This area
24.4%
State
23.0%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-7.4%
USA
3.7%
🎓 College Educated
23.4%
This area
23.4%
State
12.3%
USA
33.7%
👤 Median Age
44.0 years
This area
44.0 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
10.5%
This area
10.5%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 97.2%
Other/Mixed 2.8%
Hispanic/Latino 1.4%
👶 Under 18
21.6%
This area
21.6%
USA
22.0%
👴 65 and Over
18.9%
This area
18.9%
USA
17.3%
📊 Poverty Rate
8.7%
This area
8.7%
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 16617

A+ Avg School Grade
3 Schools
12.2:1 Avg Class Size
$17,228 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Bellwood-Antis HS

📚 09 – 12 High School
👥
374 Students
👨‍🏫
11.2:1 Class Size
💰
$17,228 Per Student
A+ Excellent

Lewis M Myers El Sch

📚 K – 04 Elementary
👥
400 Students
👨‍🏫
11.8:1 Class Size
💰
$17,228 Per Student
A+ Excellent

Bellwood Antis MS

📚 05 – 08 School
👥
359 Students
👨‍🏫
13.7:1 Class Size
💰
$17,228 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

5 Nearby 417 Off-Campus Students
C
Pennsylvania State University-Penn State Altoona
2,421 students · 6.0 mi
C+
Greater Altoona Career & Technology Center
174 students · 7.5 mi
C
Altoona Beauty School Inc
80 students · 7.7 mi
C
YTI Career Institute-Altoona
112 students · 9.0 mi
C+
The Salon Professional Academy-Altoona
66 students · 10.2 mi

Frequently Asked Questions

Can I live-in-and-rent in Bellwood, PA?

The house hack math a challenging in Bellwood, PA. Owner-occupant buyers benefit from the $1,017/mo rents and $176K home values.

How tight is the rental market in Bellwood, PA?

Bellwood, PA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,017/mo.

What is the typical renter like in Bellwood, PA?

Tenant quality in Bellwood, PA ranks as solid. Landlords generally report steady occupancy at market rents of $1,017/mo.

Is Bellwood, PA good for landlords?

For rental operators, Bellwood, PA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Is Bellwood, PA a good place for real estate investing?

Yes - Bellwood, PA a 3.0/5 investability score. With $176K home prices against $1,017/mo monthly rent, the market delivers a reasonable entry point for new investors.

You know 16617 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 16617 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 16617 ranks in Altoona, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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