Real Estate Investing in Milford, Pennsylvania (18337)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18337 (Milford, 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: 19.1% of homes vacant — above national norms.
What’s happening in Milford, PA (18337)?
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Market Analysis: 18337 Milford
ZIP 18337 inside Pike County looks affordable on the surface — median value of $357K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 18337 can be a worth a close look for hunting ground — but the discount at $357K reflects genuine risk that outside investors often underestimate.
ZIP 18337's metrics run below Pike County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 18337 ZIP's population of 15,517 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Experienced landlords with local relationships tend to find 18337 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 Milford:
Property Strategy for 18337
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $261,433 | $1,570 | 4.3% | +10.8% | $130,716 |
| 3BR | $339,089 | $2,160 | 4.6% | +9.7% | $113,030 |
| 4BR | $425,056 | $2,630 | 4.5% | +9.3% | $106,264 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 18337 Compare?
| Metric | 18337 | Milford | Pennsylvania |
|---|---|---|---|
| Home Value | $356,960 | $356,960 | $278,018 |
| 5-Year CAGR | 5.7% | 5.7% | 6.3% |
| Avg Rent | $2,098 | $2,098 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 18337 (Milford, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $356,960 |
| Monthly Rent | $2,098 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (4.6%). 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 18337
Population: 15,517
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 18337
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.
Frequently Asked Questions
How quickly do rentals get leased in Milford, PA?
Milford, PA carries elevated vacancy risk. Expect reliable absorption at market rents of $2,098/mo.
What is the typical home price in Milford, PA?
In Milford, PA the median home value sits at $357K. Against the broader PA market, that reads as reasonable for most investors.
What are rental rates like in Milford, PA?
Average rent in Milford, PA is approximately $2,098/mo per month. Against $357K home values that yields a reasonable rent-to-price ratio.
What is it like being a landlord in Milford, PA?
PA law landlord-friendly for landlords, and Milford inherits those rules. Investors should still review local ordinances for rental licensing.
How strong is Milford, PA for real estate investors?
Milford, PA scores 3.0/5 for investability. Home values sit at $357K and rents near $2,098/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 18337 now. You don’t know where it ranks.
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How 18337 ranks in New York-Newark-Jersey City, NY-NJ-PA
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