Real Estate Investing in Eldred, Pennsylvania (16731)

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

McKean County • Population: 2,397 • Data updated: September 2026

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Should you buy in 16731 (Eldred, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
MIXED
3.0 / 5 (57/100)

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
2 flags
  • High vacancy: 16.6% of homes vacant — above national norms.
  • Declining values: -0.9% 5-year CAGR — values have moved lower.

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

What’s happening in Eldred, PA (16731)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $111,574
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $57,594
% Renters 19.3%

Market Analysis: 16731 Eldred

The 16731 ZIP covers a section of Eldred that demands careful diligence. Prices near $112K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 16731 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

In the broader PA picture, 16731 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Turning to rents, 2,397 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategically, 16731 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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 Eldred:

C Below Average
Buy Confidence Score: 58/100
Affordability
25/25
Appreciation
5/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.9× the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Bradford, PA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.9%
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 Bradford, PA metro data

Market Trends

Home Value History (with trend line)

$125K$118K$111K$104K$96K$89KJan 2016May 2021Jul 2026

📊 How Does 16731 Compare?

Metric 16731 Eldred Bradford, PA Pennsylvania
Home Value $111,574 $111,574 N/A $278,018
5-Year CAGR N/A N/A N/A 6.3%
Avg Rent $873 $873 N/A -
Cap Rate 6.1% 6.1% - -
💡 Why Invest in 16731? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 16731 (Eldred, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.1%
Good
5yr Growth
-0.9%
Declining

📉 Market Crash Risk Index

Based on Bradford, PA metro

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

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $111,574
Monthly Rent $873
Price-to-Rent 10.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.4%
Cap Rate 6.1%
5-Year IRR 5.3%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR -2.1% ▼
5-Year CAGR -0.9% ▼
10-Year CAGR +1.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 6.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.1%). 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
16.6%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
-0.9%
Flat
Eviction process: Moderate Rent control: Favorable

Demographics in 16731

Population: 2,397

💰 Median Household Income
$57,594
This area
$57,594
State
$73,647
USA
$74,580
🏠 Renter Occupied
19.3%
This area
19.3%
State
23.0%
USA
34.0%
💼 Unemployment Rate
5.0%
This area
5.0%
State
-7.4%
USA
3.7%
🎓 College Educated
16.5%
This area
16.5%
State
12.3%
USA
33.7%
👤 Median Age
51.5 years
This area
51.5 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
16.6%
This area
16.6%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 98.7%
Other/Mixed 1.0%
Hispanic/Latino 0.5%
Asian 0.2%
👶 Under 18
16.3%
This area
16.3%
USA
22.0%
👴 65 and Over
25.0%
This area
25.0%
USA
17.3%
📊 Poverty Rate
5.2%
This area
5.2%
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 16731

A+ Avg School Grade
1 Schools
12.2:1 Avg Class Size
$26,935 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Otto-Eldred El Sch

📚 Pre-K – 06 School
👥
274 Students
👨‍🏫
12.2:1 Class Size
💰
$26,935 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

2 Nearby
C
Cattaraugus Allegany BOCES-Practical Nursing Program
23 students · 10.3 mi
C
St Bonaventure University
2,603 students · 10.8 mi

Frequently Asked Questions

What type of investing works in Eldred, PA?

A careful cash-flow rentals with hands-on management strategy Eldred, PA best. The market produces measured results for that approach at the $112K price point.

What does house hacking look like in Eldred, PA?

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

What is the typical rental rate in Eldred, PA?

Investors in Eldred, PA typically see rents near $873/mo per month against $112K home values - a solid setup for rental cash flow.

How much should I expect to pay for a home in Eldred, PA?

Expect median prices around $112K in Eldred, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.

Does Eldred, PA make sense for an investment property?

The 3.0/5 investability rating in Eldred, PA reflects its $112K prices and $873/mo rents. Investors generally consider it a solid option within PA.

You know 16731 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 16731 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 16731 ranks in Bradford, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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