Real Estate Investing in Hawley, Pennsylvania (18428)
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Should you buy in 18428 (Hawley, 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: 45.4% of homes vacant — above national norms.
What’s happening in Hawley, PA (18428)?
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Market Analysis: 18428 Hawley
This part of Pike County is not an easy win. The 18428 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $328K asset, 18428 is the wrong submarket. If the plan prices in friction, the yield can still work.
Stepping back, 18428 offers a low basis, the region around Hawley has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 18428 includes headwinds that any investor should price in. Income distribution skews lower than Hawley averages, and tenant stability requires active management.
New investors are better served looking at Hawley's stable or hybrid ZIPs before stepping into 18428. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hawley:
Property Strategy for 18428
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $229,622 | $1,500 | 4.7% | +11.1% | $114,811 |
| 3BR | $320,110 | $1,940 | 4.4% | +10.3% | $106,703 |
| 4BR | $392,979 | $2,480 | 4.5% | +10.0% | $98,245 |
| 5BR | $523,855 | — | — | +9.3% | $104,771 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 18428 Compare?
| Metric | 18428 | Hawley | Pennsylvania |
|---|---|---|---|
| Home Value | $327,562 | $327,562 | $278,018 |
| 5-Year CAGR | 5.4% | 5.4% | 6.3% |
| Avg Rent | $1,700 | $1,700 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 18428 (Hawley, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $327,562 |
| Monthly Rent | $1,700 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (4.1%). 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 18428
Population: 12,446
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 18428
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 Hawley, PA?
Vacancy risk in Hawley, PA is elevated. That supports steady cash flow for typical rental holds.
What is the average monthly rent in Hawley, PA?
Rent in Hawley, PA is around $1,700/mo. The resulting rent-to-value relationship with $328K pricing is reasonable for most investor models.
Are tenants stable in Hawley, PA?
Hawley, PA draws a predictable base of working renters. Demand at the $1,700/mo rent level is reasonable for standard single-family and small multi rentals.
Is Hawley, PA good for landlords?
For rental operators, Hawley, PA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is housing expensive in Hawley, PA?
Hawley, PA median home values land near $328K. That is reasonable territory for investors looking at $1,700/mo-per-month rentals.
You know 18428 now. You don’t know where it ranks.
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