Location: Cameron County, PA | Metro: Cameron County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 15861 presents a unique scenario for landlords and small-portfolio investors, with several key indicators suggesting a balanced but potentially challenging environment over the next 12-24 months. The median home value is currently unavailable, as are the percentages of listings that have been reduced and the median days on market (DOM). However, these missing data points can be interpreted in the context of broader market trends.
Absent specific figures on home values and listing reductions, it's prudent to focus on the rental side of the equation. The Fair Market Rent (FMR) for the metro area, as of fiscal year 2026, is set at $1,010. This figure provides a benchmark for rental rates in the area and suggests that landlords should aim to align their rents closely with this metric to remain competitive and attractive to tenants. Any deviation from this FMR could result in either losing tenants to more affordable options or failing to attract them due to higher costs.
The median DOM being unreported indicates that there might be a lack of recent sales activity or that the data is too sparse to provide meaningful insights. Typically, a lower DOM signals a robust seller's market where homes are selling quickly, often at or above asking price. Conversely, a higher DOM would suggest a buyer's market where homes linger on the market longer, giving buyers more leverage in negotiations. Since we cannot determine the DOM, landlords must rely on other metrics to gauge the market's direction.
For long-term investors, the lack of concrete appreciation thesis data means that they must consider alternative factors such as local economic growth, employment rates, and infrastructure improvements that could drive future value increases. If these elements are positive, then maintaining properties and keeping rents aligned with the FMR could position investors well for gradual appreciation. However, without specific appreciation figures, the strategy should be focused on steady cash flow rather than speculative gains.
In summary, while the data for ZIP 15861 is incomplete, the known FMR of $1,010 serves as a critical anchor point for rental pricing. Landlords and small-portfolio investors should ensure their properties are priced competitively and maintain high standards to retain tenants and secure steady income. Long-term appreciation will depend on broader economic conditions and local developments, making it essential to stay informed and adaptable to changes in the market.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.