Real Estate Investing in Hawk Run, Pennsylvania (16840)

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

Clearfield County • Population: 247 • Data updated: September 2026

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Should you buy in 16840 (Hawk Run, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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
1 flag
  • Higher unemployment: 8.6% unemployment — tenant risk signal.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Hawk Run, PA (16840)?

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3.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $102,490
Avg Monthly Rent $882
1% Rule ✗ Does Not Meet
Median Income $52,344
% Renters 17.4%

Market Analysis: 16840 Hawk Run

On balance, ZIP 16840 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $102K median. It rewards specialists, not generalists.

The 16840 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

The gap between 16840 and stronger Hawk Run ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

A substantial renter share of 17% in 16840 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Experienced landlords with local relationships tend to find 16840 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Hawk Run:

C+ Average
Buy Confidence Score: 67/100
Affordability
25/25
Appreciation
14/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2× the median income
Value Trend
Stable (+1.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $882/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
DuBois, PA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.1%
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 DuBois, PA metro data

Market Trends

Home Value History (with trend line)

$129K$117K$105K$93K$82K$70KFeb 2023Nov 2024Jul 2026

📊 How Does 16840 Compare?

Metric 16840 Hawk Run DuBois, PA Pennsylvania
Home Value $102,490 $102,490 N/A $278,018
5-Year CAGR N/A N/A N/A 6.3%
Avg Rent $882 $882 N/A -
Cap Rate 6.7% 6.7% - -
💡 Why Invest in 16840? 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 16840 (Hawk Run, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.7%
Good

📉 Market Crash Risk Index

Based on DuBois, PA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
55%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $102,490
Monthly Rent $882
Price-to-Rent 9.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 10.3%
Cap Rate 6.7%
5-Year IRR 13.7%

📈 Home Appreciation

1-Year +1.5% ▲
3-Year CAGR +7.0% ▲
5-Year CAGR N/A
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 6.7%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
0.0%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 16840

Population: 247

💰 Median Household Income
$52,344
This area
$52,344
State
$73,647
USA
$74,580
🏠 Renter Occupied
17.4%
This area
17.4%
State
23.0%
USA
34.0%
💼 Unemployment Rate
8.6%
This area
8.6%
State
-7.4%
USA
3.7%
🎓 College Educated
0.0%
This area
0.0%
State
12.3%
USA
33.7%
👤 Median Age
54.8 years
This area
54.8 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
0.0%
This area
0.0%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
21.1%
This area
21.1%
USA
22.0%
👴 65 and Over
35.6%
This area
35.6%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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

1 Nearby 24 Off-Campus Students
C+
Clearfield County Career and Technology Center
37 students · 13.4 mi

Frequently Asked Questions

What real estate strategy is ideal for Hawk Run, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Hawk Run, PA. With home values at $102K and rents near $882/mo, other strategies can work but produce measured rather than outsized returns.

Are renters plentiful in Hawk Run, PA?

Tenant demand in Hawk Run, PA is solid. The local workforce $882/mo rents across most rental classes.

Is real estate in Hawk Run, PA a good investment right now?

Yes - Hawk Run, PA a 3.0/5 investability score. With $102K home prices against $882/mo monthly rent, the market delivers a reasonable entry point for new investors.

Does house hacking work in Hawk Run, PA?

House hacking in Hawk Run, PA is a challenging. With home values around $102K and rents at $882/mo, owner-occupants can offset a meaningful share of PITI.

What do landlords charge for rent in Hawk Run, PA?

Rental rates in Hawk Run, PA average $882/mo. Tenant demand and $102K home values make the yield look reasonable by investor standards.

You know 16840 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 16840 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 16840 ranks in DuBois, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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