HousingHandbookReference data

U.S. ZIP Code · PA16648

Blair County · Altoona, PA

Typical home value

$251,850[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.0%
5-year / yr
+4.1%
10-year / yr
+3.3%

Relative price

vs U.S.
-11.3%
vs metro
+32.8%
vs state
+7.8%
ZIP 16648 location in PA
Location of ZIP 16648 in PA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 16648 is worth $251,850 — 32.8% above the Altoona, PA median. Over the past year, values have risen 7.0%. Homes here rent for a typical $1,335 a month — a 6.4% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,335[2]
Gross yield
6.4%[2]
Cap rate
3.8%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$2,642[3]

#Climate risk

FEMA National Risk Index ratings for Blair County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
14,904[3]
Median household income
$81,540[3]

#Migration

Household moves in and out of Blair County over a year, from IRS tax-return data.

Net migration
-59[5]
Moved in
1,761
Moved out
1,820

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
1
High
1
  • Hollidaysburg Area SHS

    High · Grades 10–12 · Hollidaysburg Area SD

    803 students

  • Hollidaysburg Area JHS

    Middle · Grades 7–9 · Hollidaysburg Area SD

    784 students

  • Frankstown El Sch

    Elementary · Grades K–6 · Hollidaysburg Area SD

    603 students

  • Charles W Longer El Sch

    Elementary · Grades K–6 · Hollidaysburg Area SD

    393 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield6.4%
Net yield (after ~40% expenses)3.8%
Annual rent$16,020

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,273
Loan principal$201,480
Down payment$50,370
Total interest paid$256,976

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.28
Monthly cost to own$1,704
Monthly rent$1,335

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
80th percentile[1]
Rental yield
0th percentile[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 16648?
The typical home in 16648 is worth $251,850, based on the Zillow Home Value Index.
Are home values rising in 16648?
Home values in 16648 are up 7.0% over the past year, and up 4.1% a year over five years.
What is the typical rent in 16648?
A typical home in 16648 rents for about $1,335 a month, a gross rental yield of 6.4%.
What is the property tax rate in 16648?
The effective property tax rate in 16648 is 1.0% — roughly $2,642 a year on a typical home.
Who lives in 16648?
ZIP code 16648 has a population of 14,904 and a median household income of $81,540.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Martinsburg, PA

    Typical home
    $250,020
    Gross yield
  • Penn Farms CDP, PA

    Typical home
    $233,611
    Gross yield
  • Roaring Spring, PA

    Typical home
    $200,783
    Gross yield
  • Tyrone, PA

    Typical home
    $190,805
    Gross yield
  • Yellow Springs CDP, PA

    Typical home
    $189,606
    Gross yield
  • East Freedom CDP, PA

    Typical home
    $179,968
    Gross yield

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