Real Estate Investing in Nesquehoning, Pennsylvania (18240)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18240 (Nesquehoning, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.1% of homes vacant — above national norms.
- Higher unemployment: 7.7% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Nesquehoning, PA (18240)?
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Market Analysis: 18240 Nesquehoning
Not every below-median market is a bargain. Nesquehoning's 18240 ZIP comes in at signals that favor experienced operators who can absorb the risk $201K pricing implies.
Rent of $1,224/mo on a $201K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 18240 sits below the stated 0.0% once reality is priced in.
Within PA, ZIP 18240 trails on several market indicators that neighboring Carbon County submarkets outperform. The gap is real and significant enough to shape underwriting.
Who lives in 18240 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 18240 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Nesquehoning:
Property Strategy for 18240
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $148,251 | $1,360 | 6.6% | +10.2% | $74,125 |
| 3BR | $203,099 | $1,740 | 6.2% | +9.7% | $67,700 |
| 4BR | $243,115 | $1,810 | 5.4% | +9.9% | $60,779 |
Market Trends
Home Value History (with trend line)
📊 How Does 18240 Compare?
| Metric | 18240 | Nesquehoning | Pennsylvania |
|---|---|---|---|
| Home Value | $201,285 | $201,285 | $278,018 |
| 5-Year CAGR | 6.3% | 6.3% | 6.3% |
| Avg Rent | $1,224 | $1,224 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 18240 (Nesquehoning, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,285 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (4.7%). 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 18240
Population: 3,909
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 18240
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Panther Valley Intermediate Sch
Panther Valley JSHS
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
Are renters plentiful in Nesquehoning, PA?
The tenant pool in Nesquehoning, PA is solid, supported by local employment and population fundamentals. Rents of $1,224/mo are well-absorbed by the market.
How tight is the rental market in Nesquehoning, PA?
Vacancy in Nesquehoning, PA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,224/mo.
Is housing expensive in Nesquehoning, PA?
Expect median prices around $201K in Nesquehoning, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
Does house hacking work in Nesquehoning, PA?
The a challenging house-hack environment in Nesquehoning, PA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Does Nesquehoning, PA favor landlords or tenants?
Nesquehoning, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 18240 now. You don’t know where it ranks.
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How 18240 ranks in Allentown-Bethlehem-Easton, PA-NJ
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