Real Estate Investing in Hazleton, Pennsylvania (18202)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18202 (Hazleton, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.8% of homes vacant — above national norms.
What’s happening in Hazleton, PA (18202)?
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Market Analysis: 18202 Hazleton
From an investor standpoint, ZIP 18202 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $259K median. It rewards specialists, not generalists.
Rent of $1,200/mo on a $259K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 18202 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 18202 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 18202 includes headwinds that any investor should price in. Income distribution skews lower than Hazleton averages, and tenant stability requires active management.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Hazleton:
Property Strategy for 18202
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $168,013 | $1,300 | 5.6% | +10.2% | $84,007 |
| 3BR | $269,258 | $1,690 | 4.5% | +10.0% | $89,753 |
| 4BR | $351,049 | $1,830 | 3.8% | +9.6% | $87,762 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 18202 Compare?
| Metric | 18202 | Hazleton | Scranton--Wilkes-Barre, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $259,131 | $231,501 | N/A | $278,018 |
| 5-Year CAGR | 6.1% | 6.4% | N/A | 6.3% |
| Avg Rent | $1,200 | $1,300 | N/A | - |
| Cap Rate | 3.6% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 18202 (Hazleton, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,131 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 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 18202
Population: 13,477
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 18202
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
Does house hacking make sense in Hazleton, PA?
House hacking works a challenging in Hazleton, PA. Rents of $1,200/mo against $259K acquisition make the strategy solid for owner-occupants.
What is the renter demographic in Hazleton, PA?
Hazleton, PA offers a stable renter base at the $1,200/mo rent level. Tenant turnover is reasonable for well-managed properties.
How should investors approach Hazleton, PA?
Most investors in Hazleton, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are eviction rules reasonable in Hazleton, PA?
Hazleton, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How do home values compare in Hazleton, PA?
Homes in Hazleton, PA typically sell near $259K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
You know 18202 now. You don’t know where it ranks.
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How 18202 ranks in Scranton--Wilkes-Barre, PA
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