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Corry city, PA

ZIP 16407 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 16407

Median Home Value
$127,900
Median Rent
$597
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$822/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 16407 in Corry city, PA, a household would need roughly $35,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $822. That sits below the local median household income ($48,962), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.9%+14% vs US avg
x
Vacancy Rate
9.3%-10% vs US avg
x
Broadband Access
82.1%-6% vs US avg
x
4+ Bedrooms
5.7%-61% vs US avg
x
Built Pre-1939
7.9%-38% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
25.4%-49% vs US avg
x
Mortgage-Free
57.6%+51% vs US avg
x
$127,900
Home Value
$597
Rent
1957
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached78.8%
  • 1-unit attached2.5%
  • 2-9 units8.0%
  • 10+ units2.2%
  • Mobile home & other8.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$127,900
Median rent$597
Owner-occupied74.9%
Vacant9.3%
Price-to-income2.6x
Est. income to buy$35,000