Pittsburgh, PA Home Values & Market Trends

Real estate market trends reflect that there have been 9,543 transactions over the past year in Pittsburgh. The median value for residential home transactions that occurred over the previous year is $225,922.61. The number of current listings in Pittsburgh is 522, and the percentage of properties for sale in the city is 522.00%. Pittsburgh, PA currently has 302 properties in foreclosure, 62 bank owned properties, 133 properties headed for auction, and 522 properties for sale.

Pittsburgh, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
15235

$ 161,908

$ 120/sqft

15213

$ 214,377

$ 185/sqft

15212

$ 162,500

$ 96/sqft

15232

$ 514,151

$ 298/sqft

15206

$ 319,900

$ 195/sqft

15219

$ 194,772

$ 97/sqft

15237

$ 293,502

$ 200/sqft

15234

$ 187,814

$ 168/sqft

15221

$ 146,859

$ 118/sqft

15215

$ 569,644

$ 237/sqft

15227

$ 200,328

$ 141/sqft

15224

$ 156,198

$ 105/sqft

15203

$ 270,300

$ 168/sqft

15204

$ 54,781

$ 31/sqft

15239

$ 266,870

$ 182/sqft

15208

$ 69,900

$ 33/sqft

15218

$ 189,084

$ 123/sqft

15229

$ 249,000

$ 188/sqft

15201

$ 347,500

$ 248/sqft

15220

$ 244,250

$ 163/sqft

15217

$ 416,133

$ 217/sqft

15223

$ 160,247

$ 107/sqft

15241

$ 499,119

$ 210/sqft

15228

$ 302,979

$ 232/sqft

15214

$ 133,016

$ 89/sqft

15233

$ 250,000

$ 133/sqft

15210

$ 98,763

$ 58/sqft

15243

$ 249,900

$ 216/sqft

15226

$ 177,650

$ 121/sqft

15261

$ --

$ --

15238

$ 425,000

$ 253/sqft

15276

$ --

$ --

15202

$ 203,248

$ 102/sqft

15277

$ --

$ --

15236

$ 266,052

$ 204/sqft

15258

$ --

$ --

15216

$ 186,916

$ 157/sqft

15282

$ --

$ --

15205

$ 207,861

$ 116/sqft

15225

$ --

$ --

15211

$ 240,959

$ 148/sqft

15260

$ --

$ --

15209

$ 244,625

$ 180/sqft

15275

$ --

$ --

15207

$ 188,400

$ 131/sqft

15262

$ --

$ --

15222

$ 375,000

$ 306/sqft

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Housing Market Summary for Pittsburgh, PA

Feb 2023January 2024Change
Median Listing Price$175K$220.7K26.14%
Median Sold Price$206.1K$220.7K7.09%
Homes For Sale607564-7.08%
Homes Sold3,7524,45818.82%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pittsburgh, PA

Pittsburgh home values range from $17,366 to $73,144,737. The median estimated value of a home in Pittsburgh is $225,922.61. The median list price of a home is 219,900, and the total count of properties in the city is 233,656.

Foreclosure
There are 47 zips within Pittsburgh, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $694,713 in 15221 to the lowest value of $20,456 in 15221. Foreclosure homes account for 0.00% of properties in Pittsburgh, PA with 15235 containing 50 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Pittsburgh, PA with 15235 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 47 zips within Pittsburgh, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $239,156 in 15209 to the lowest home value of $37,084 in 15210.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pittsburgh, PA ranges from the highest value of $350,190 in 15241 to the lowest value of $21,510 in 15221. Bank owned homes and properties account for 0.03% of properties in Pittsburgh, PA. There are 47 zips within Pittsburgh, PA; 15212 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    15235 has 26 auction properties, the highest number of properties going to auction in a single zip in the state of Pittsburgh, PA. Auction homes and other auction properties account for 0.06% of all properties in Pittsburgh, PA. There are 47 zips within Pittsburgh, PA; of those zips, the median estimated home value for homes going to auction ranges from $302,293 in 15243 to the lowest value of $20,456 in 15243.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in Pittsburgh, PA with 15235 containing 39 homes for sale, the highest number of listed properties in a single zip. There are 47 zips within Pittsburgh, PA; homes for sale in those zips, have a range of median values from $3,292,933 in 15232 to the lowest value of $20,000 in 15212.
    Sold Homes
    The median value for recently sold homes ranges from $1,195,000 in 15243 to the lowest price of $19,722 in 15243. There are 47 zips within Pittsburgh, PA. 15235 has 303 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.91% of properties in Pittsburgh, PA.

      Compare Nearby Cities

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      Guide for Pittsburgh, PA

      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      A nice veranda
      Auction
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      See More Articles
      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      A nice veranda
      5 Tips For Increasing Your Chances At Winning A Real Estate Auction
      Auction|posted 27 February 2024

      Buying your dream real estate at auction is tricky. Here are some quick tips to give you an edge.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.