Real Estate Investing in Galeton, Pennsylvania (16922)

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

Potter County • Population: 1,610 • Data updated: September 2026

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Should you buy in 16922 (Galeton, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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 (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
  • High vacancy: 60.3% of homes vacant — above national norms.

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

What’s happening in Galeton, PA (16922)?

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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 $145,620
Avg Monthly Rent $963
1% Rule ✗ Does Not Meet
Median Income $55,357
% Renters 27.1%

Market Analysis: 16922 Galeton

ZIP 16922 in Galeton, PA carries a healthy set of headwinds. Home values near $146K and rents of $963/mo sit inside a market where underwriting has to be tight.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $146K asset, 16922 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 16922 and stronger Galeton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Demographically, 16922 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Distressed ZIPs reward experience. sturdy returns are possible in 16922, but they flow to investors who already understand how to operate in soft markets.

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 Galeton:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.6× the median income
Value Trend
Rising (+16.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $963/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.

Market Trends

Home Value History (with trend line)

$151K$137K$123K$110K$96K$82KMay 2009Dec 2017Jul 2026

📊 How Does 16922 Compare?

Metric 16922 Galeton Pennsylvania
Home Value $145,620 $145,620 $278,018
5-Year CAGR 4.7% 4.7% 6.3%
Avg Rent $963 $963 -
Cap Rate 5.2% 5.2% -
💡 Why Invest in 16922? 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 16922 (Galeton, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.2%
Fair
5yr Growth
+4.7%
Moderate

📊 Market Snapshot

Home Value $145,620
Monthly Rent $963
Price-to-Rent 12.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.9%
Cap Rate 5.2%
5-Year IRR 9.9%

📈 Home Appreciation

1-Year +16.0% ▲
3-Year CAGR +4.7% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +4.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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
60.3%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 16922

Population: 1,610

💰 Median Household Income
$55,357
This area
$55,357
State
$73,647
USA
$74,580
🏠 Renter Occupied
27.1%
This area
27.1%
State
23.0%
USA
34.0%
💼 Unemployment Rate
1.7%
This area
1.7%
State
-7.4%
USA
3.7%
🎓 College Educated
15.8%
This area
15.8%
State
12.3%
USA
33.7%
👤 Median Age
50.5 years
This area
50.5 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
60.3%
This area
60.3%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 96.3%
Other/Mixed 2.8%
Hispanic/Latino 1.5%
Black/African American 0.8%
👶 Under 18
17.7%
This area
17.7%
USA
22.0%
👴 65 and Over
27.8%
This area
27.8%
USA
17.3%
📊 Poverty Rate
8.8%
This area
8.8%
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 16922

A+ Avg School Grade
2 Schools
9.1:1 Avg Class Size
$24,751 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Galeton Area Sch

📚 Pre-K – 06 School
👥
161 Students
👨‍🏫
7.3:1 Class Size
💰
$24,751 Per Student
A+ Excellent

Galeton JSHS

📚 07 – 12 High School
👥
147 Students
👨‍🏫
10.9:1 Class Size
💰
$24,751 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.

Frequently Asked Questions

Are eviction rules reasonable in Galeton, PA?

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

Is the tenant base reliable in Galeton, PA?

The renter base in Galeton, PA is reasonable for the $963/mo price point. Screening well and pricing to market typically yields consistent tenants.

What is the median home value in Galeton, PA?

Expect median prices around $146K in Galeton, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

What does house hacking look like in Galeton, PA?

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

What type of investing works in Galeton, PA?

Investors usually favor careful cash-flow rentals with hands-on management in Galeton, PA. With home values at $146K and rents near $963/mo, other strategies can work but produce even-keeled rather than outsized returns.

You know 16922 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 16922 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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