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Sligo borough, PA

ZIP 16255 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 16255

Median Home Value
$130,400
Median Rent
$510
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$838/mo PITI).

9%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.3 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 16255 in Sligo borough, PA, a household would need roughly $36,000 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 $838. That sits below the local median household income ($65,357), 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

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.9%+15% vs US avg
x
Vacancy Rate
16.4%+59% vs US avg
x
Broadband Access
73.5%-15% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
10.2%-20% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
27.2%-45% vs US avg
x
Mortgage-Free
56.3%+47% vs US avg
x
$130,400
Home Value
$510
Rent
1959
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached85.1%
  • 1-unit attached0.0%
  • 2-9 units1.6%
  • 10+ units1.4%
  • Mobile home & other11.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$130,400
Median rent$510
Owner-occupied74.9%
Vacant16.4%
Price-to-income2.0x
Est. income to buy$36,000