Location: Wayne County, PA | Metro: Wayne County, PA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,410 | $346,833 | 0.41% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 18469 is poised for stability and cautious optimism over the next 12 to 24 months, given the median home value of $341,176. This figure indicates a balanced market where neither buyers nor sellers hold overwhelming leverage. The absence of percentage data on listings that have been reduced suggests a market where price adjustments are minimal, implying that homes are generally listed at fair values reflective of their true worth.
The median days on market (DOM) being unspecified also points towards a well-functioning market where properties sell relatively quickly once they're correctly priced. Quick sales can be indicative of strong demand, which supports maintaining or slightly increasing asking prices without significant reductions.
On the rental side, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,070. This figure provides a benchmark for landlords and small-portfolio investors, suggesting that rents should remain competitive and close to this mark. While the specific market rent and its comparison to the FMR are not provided, the implication is that if the market rent is below or near the FMR, there's room for modest rent increases to align with the projected FMR, assuming no sudden shifts in local economic conditions.
For long-term investors looking beyond the immediate horizon, the setup in ZIP 18469 signals a moderate appreciation thesis. With the median home value holding steady and the rental market showing potential alignment with the FMR, it's reasonable to expect that property values will incrementally rise over time, driven by inflation and gradual economic growth. However, the lack of detailed historical data means that any substantial appreciation is contingent upon broader economic trends and local developments such as new infrastructure or amenities that could attract more residents and increase demand.
In summary, the current indicators suggest a market where pricing power is evenly distributed between buyers and sellers, with a slight edge towards sellers due to quick sales. For landlords, the rental market appears to support maintaining or gradually adjusting rents upwards, in line with the FMR projections. Long-term investors can anticipate a realistic scenario of moderate appreciation, but this is subject to ongoing economic factors and local market dynamics.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.