Real Estate Investing in Essington, Pennsylvania (19029)
Should you buy in 19029 (Essington, 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.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
What’s happening in Essington, PA (19029)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19029 Essington
ZIP 19029 inside Delaware County looks affordable on the surface — median value of $247K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 19029 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 19029 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A solid renter share of 35% in 19029 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 19029 is an operator game, not a passive one. From an investor standpoint, entry prices of $247K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Essington:
Property Strategy for 19029
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $231,951 | $1,790 | 5.6% | +8.8% | $115,975 |
| 3BR | $250,584 | $2,150 | 6.2% | +8.2% | $83,528 |
| 4BR | $300,034 | $2,400 | 5.8% | +6.6% | $75,008 |
Market Trends
Home Value History (with trend line)
📊 How Does 19029 Compare?
| Metric | 19029 | Essington | Pennsylvania |
|---|---|---|---|
| Home Value | $247,305 | $247,305 | $278,018 |
| 5-Year CAGR | 5.6% | 5.6% | 6.3% |
| Avg Rent | $1,611 | $1,611 | - |
| Cap Rate | 5.1% | 5.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19029 (Essington, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $247,305 |
| Monthly Rent | $1,611 |
| Price-to-Rent | 12.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (5.1%). 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 19029
Population: 3,970
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 19029
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Woodlyn El Sch
Broad Street Elementary School
Eddystone El Sch
Kindergarten Academy
Leedom El Sch
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much does a house cost in Essington, PA?
The median home value in Essington, PA is roughly $247K. That puts it reasonable relative to the PA statewide average.
What is the typical renter like in Essington, PA?
Tenant demand in Essington, PA is solid. The local workforce $1,611/mo rents across most rental classes.
How much rent can I charge in Essington, PA?
Rental rates in Essington, PA average $1,611/mo. Tenant demand and $247K home values make the yield look reasonable by investor standards.
What is the best play in Essington, PA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Essington, PA. The numbers - $247K homes against $1,611/mo rents - support that play.
How strict are landlord regulations in Essington, PA?
Essington, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
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