Location: Bradford County, PA | Metro: Bradford 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 | $780 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,250 | $232,741 | 0.54% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 18831 presents a nuanced scenario for landlords and small-portfolio investors. With a median home value of $238,688, the area reflects a stable housing market, indicative of consistent demand. The absence of percentage data for listings that have been reduced suggests a market where sellers are maintaining their asking prices, possibly due to steady buyer interest. This, combined with the unspecified median days on market (DOM), points towards a seller's market, where properties sell relatively quickly, enhancing pricing power.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $990, while the current market rent stands at $845. This gap between projected FMR and actual market rates signals an opportunity for rental income growth as the market adjusts to meet federal standards. Landlords can expect modest increases in rental yields, particularly if they maintain well-managed properties that attract tenants seeking compliance with FMR guidelines.
For long-term investors, the appreciation thesis is grounded in the balance between housing stability and rental growth potential. The consistent median home value indicates a resilient local economy, which supports property values. As rental rates approach the FMR, the dual income from both capital appreciation and rental yield becomes increasingly compelling. However, the lack of detailed DOM and listing reduction percentages means caution is advised against aggressive price hikes, as the market remains sensitive to broader economic conditions and supply dynamics.
In summary, ZIP 18831 offers a solid investment ground for those willing to capitalize on the current housing stability and anticipated rental rate adjustments. Long-hold strategies benefit from the robustness of the housing market and the gradual alignment of rental prices with federal benchmarks, positioning properties for sustained value retention and income generation.
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.