Real Estate Investing in Boalsburg, Pennsylvania (16827)

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

Centre County • Population: 5,197 • Data updated: September 2026

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Should you buy in 16827 (Boalsburg, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.5% vacancy may signal weakening demand.

What’s happening in Boalsburg, PA (16827)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $438,121
Avg Monthly Rent $1,948
1% Rule ✗ Does Not Meet
Median Income $118,125
% Renters 16.7%

Market Analysis: 16827 Boalsburg

Not every below-median market is a bargain. Boalsburg's 16827 ZIP posts signals that favor experienced operators who can absorb the risk $438K pricing implies.

The investment case in 16827 is durable only for operators who understand what they are buying. A $438K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Boalsburg have seen price recovery that 16827 has not matched. Centre County data supports the view that the spread is structural rather than temporary.

Resident income in 16827 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 16827 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 Boalsburg:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
18/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+4.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,948/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
State College, PA Metro Area
Even conditions for buyers and sellers
34 days
Average time to sell
Average
9.6%
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 State College, PA metro data
🏠

Property Strategy for 16827

Which property type performs best in this market?

Best for Cash Flow
3BR
3.5% cap rate
Best for Appreciation
5BR
+6.0% 5yr CAGR
Best Overall Value
3BR
$125,579/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $364,630 $1,480 2.9% +5.5% $182,315
3BR $376,736 $1,850 3.5% +4.8% $125,579
4BR $525,841 $1,960 2.7% +5.2% $131,460
5BR $781,759 +6.0% $156,352

Market Trends

Home Value History (with trend line)

$456K$405K$354K$303K$252K$201KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 16827 Compare?

Metric 16827 Boalsburg State College, PA Pennsylvania
Home Value $438,121 $438,121 N/A $278,018
5-Year CAGR 4.5% 4.5% N/A 6.3%
Avg Rent $1,948 $1,948 N/A -
Cap Rate 3.5% 3.5% - -
💡 Why Invest in 16827? 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 16827 (Boalsburg, PA). Anonymous, moderated, never written by AI.

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Property managers serving Centre County

Manage rentals here? List your business →

Nittany Property Management. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.5%
Low
5yr Growth
+4.5%
Moderate

📉 Market Crash Risk Index

Based on State College, PA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
40%
Days Pending
0/2
34 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $438,121
Monthly Rent $1,948
Price-to-Rent 18.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.5%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +4.4% ▲
3-Year CAGR +3.5% ▲
5-Year CAGR +4.5% ▲
10-Year CAGR +4.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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
11.5%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 16827

Population: 5,197

💰 Median Household Income
$118,125
This area
$118,125
State
$73,647
USA
$74,580
🏠 Renter Occupied
16.7%
This area
16.7%
State
23.0%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-7.4%
USA
3.7%
🎓 College Educated
68.0%
This area
68.0%
State
12.3%
USA
33.7%
👤 Median Age
45.1 years
This area
45.1 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
11.5%
This area
11.5%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 97.1%
Other/Mixed 1.1%
Black/African American 0.9%
Asian 0.9%
Hispanic/Latino 0.5%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
21.8%
This area
21.8%
USA
17.3%
📊 Poverty Rate
2.0%
This area
2.0%
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

🎓 Nearby Colleges & Universities

4 Nearby 9,651 Off-Campus Students
C
South Hills School of Business & Technology
242 students · 4.1 mi
B+
Pennsylvania State University-Main Campus
50,399 students · 4.9 mi
C
Pennsylvania State University-World Campus
13,564 students · 4.9 mi
C+
Central Pennsylvania Institute of Science and Technology
126 students · 8.2 mi

Investor Insight: With 9,651 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What type of investing works in Boalsburg, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Boalsburg, PA. With home values at $438K and rents near $1,948/mo, other strategies can work but produce predictable rather than outsized returns.

Is Boalsburg, PA a good market for buy-and-hold investors?

Our data puts Boalsburg, PA at 3.0/5 for investability. Home prices of $438K and rents around $1,948/mo create a solid backdrop for investor activity.

Is the tenant base reliable in Boalsburg, PA?

Tenant demand in Boalsburg, PA is solid. The local workforce $1,948/mo rents across most rental classes.

Is Boalsburg, PA a friendly market for rental owners?

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

How quickly do rentals get leased in Boalsburg, PA?

Vacancy risk in Boalsburg, PA is elevated. That supports stable cash flow for typical rental holds.

You know 16827 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 16827 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 16827 ranks in State College, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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