Real Estate Investing in Williamsburg, Pennsylvania (16693)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16693 (Williamsburg, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
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 Williamsburg, PA (16693)?
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Market Analysis: 16693 Williamsburg
The 16693 ZIP in Williamsburg, PA is a local-operator market. Outside capital chasing a $191K entry has to pair deep knowledge with the discount.
Rent of $873/mo on a $191K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 16693 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 16693 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 16693 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 16693 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.
Here's what matters if you're considering buying a home in Williamsburg:
Market Trends
Home Value History (with trend line)
📊 How Does 16693 Compare?
| Metric | 16693 | Williamsburg | Altoona, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $191,457 | $191,457 | N/A | $278,018 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16693 (Williamsburg, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $191,457 |
| Monthly Rent | $873 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +11.1% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 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 (3.6%). 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 16693
Population: 4,015
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 16693
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
Do landlords face vacancy issues in Williamsburg, PA?
Rental vacancy in Williamsburg, PA is elevated. Investors should budget normal turnover but not chronic empty units.
What is it like being a landlord in Williamsburg, PA?
PA law landlord-friendly for landlords, and Williamsburg inherits those rules. Investors should still review local ordinances for rental licensing.
How do home values compare in Williamsburg, PA?
In Williamsburg, PA the median home value sits at $191K. Against the broader PA market, that reads as reasonable for most investors.
Can I house hack in Williamsburg, PA?
Williamsburg, PA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $191K price point reasonable to enter.
What is the typical renter like in Williamsburg, PA?
Williamsburg, PA offers a measured renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 16693 now. You don’t know where it ranks.
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How 16693 ranks in Altoona, PA
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