Neighborhood Guide

Investing in Bloomfield, PA

Updated | 2026 Investment Analysis

$345K
Median Asking NOW
5.0%
Cap Rate (at list price) NOW
5.4%
Flip ROI (at list price) NOW
17
Active NOW
46
Sold

Bloomfield offers compelling opportunities for real estate investors seeking value in 2026. With a median listing price of $345,000 and Class B--C+ (solid) designation, this neighborhood appeals to balanced investors seeking both cash flow and appreciation. Current market data shows an average cap rate of 5.0% at list price and projected flip ROI of 5.4% at list price for investment properties. Both metrics are computed against the seller's asking price - not against a negotiated Maximum Allowable Offer (MAO) - so they measure how aggressively listings are priced versus the 70% ARV - rehab benchmark. Investors currently have access to 17 single-family homes on the market.

Investment Highlights

5.4% Projected Flip ROI (at list price)

Moderate fix-and-flip potential at current asking prices. Negative values mean retail listings are typically priced above the 70% ARV - rehab MAO formula and require negotiation to hit a profitable flip.

62% Renter Population

Strong tenant demand supports rental investments

Market Overview

The median listing price in Bloomfield is $345,000, with properties ranging from $159,900 to $425,000. Recent sales data shows a median sale price of $292,000 with properties spending an average of 81 days on market. After-repair values (ARV) in this area average $428,218, providing clear targets for fix-and-flip investors. Rental properties in Bloomfield command an average of $2,072 per month, supporting strong cash flow for buy-and-hold strategies.

Bloomfield vs Wider Market

How Bloomfield compares on the metrics that matter to investors. Headline price, DOM, cap (at sale), ARV, and rent use the trailing 12-month sold cohort because most areas have only a handful of homes for sale at any moment. Projected flip ROI uses active listings at list price (most closings are not flips). Current inventory counts and U.S. Census demographics are listed separately. Sheriff sale starting bids are listed separately and are not mixed into market price baselines.

Metric BloomfieldPittsburghAllegheny County
12-Month Market Activity - trailing 12 months through Jul 19, 2026
Homes sold (last 12 months) 461,6908,918
Median sold price $292,000$249,000$274,900
Median $/sqft (sold) $192$173$186
Median days on market 487265
Cap rate (at sold price) 5.3%6.1%5.8%
ARV $324,954$252,126$262,018
Rent (monthly) $1,984$1,730$1,746
Current Inventory NOW - active listings as of Jul 19, 2026
Active listings (count) 179673,837
Currently asking (median) $345,000$210,000$225,000
Projected flip ROI (active, at list) -7.1%-10.8%-11.2%
Upcoming sheriff sales (count) ---
Demographics ACS - U.S. Census ACS 2024
Median household income $67,138$63,000$75,424
Renter % 61.7%45.8%33.4%
Vacancy rate 11.5%-5.0%
Poverty rate 10.5%17.9%11.9%

12-Month Market Activity: Closed sales in the trailing 365 days. Median sold price, $/sqft, days on market, modeled cap rate at recorded sale price, ARV, and rent use this cohort. Flip ROI is not shown here: most closings are not fix-and-flips. Pittsburgh and Allegheny County use the same window.

Cap rate (sold cohort): Unlevered cap at each sale's Final Price with estimated rent, 30% expense-ratio NOI, and modeled buying costs - not at MAO.

Projected flip ROI (active): From current MLS listings at list price (median when available). Not realized profit on past sales.

Current Inventory: Active listing counts, median ask, projected flip ROI at list, and sheriff sale counts as of the freshness date above.

Demographics: U.S. Census Bureau American Community Survey (ACS) 2024 5-year estimate, aggregated across census tracts.

Current Opportunities

Single-Family Homes for Sale 17

There are currently 17 single-family investment properties available in Bloomfield. Prices start at $159,900 with a median of $345,000.

View All Listings

Why Invest in Bloomfield?

Strategic Location: Bloomfield is located in Allegheny County, Pennsylvania, part of the greater Pittsburgh metropolitan area. The region benefits from a diversified economy anchored by healthcare, education, and technology sectors.

Neighborhood Profile: As a Class B--C+ (solid) area, Bloomfield attracts balanced investors seeking both cash flow and appreciation. Understanding the neighborhood class helps investors align their strategy with the local market dynamics.

Rent-to-Price Ratio: With average rents of $2,072/month against a median price of $345,000, Bloomfield shows a 7.21% gross rent multiplier, exceeding the 1% rule benchmark.

Moderate Vacancy: With a 11.5% vacancy rate, investors should factor in potential turnover when calculating returns.

Ideal Investor Profile

Bloomfield offers a balanced investment profile, suitable for investors seeking both monthly cash flow and long-term appreciation. The area attracts working professionals and families, providing stable tenancy with moderate property management requirements.

Frequently Asked Questions

Is Bloomfield a good place to invest in real estate in 2026?

Yes, Bloomfield offers solid investment potential in 2026. With an average cap rate of 5.0% and 17 properties currently available, investors can find opportunities aligned with both fix-and-flip and buy-and-hold strategies.

What is the average home price in Bloomfield?

The median listing price in Bloomfield is $345,000. Prices range from $159,900 to $425,000, providing options for various investment budgets.

What is the average rent in Bloomfield?

Rental properties in Bloomfield average $2,072 per month. Combined with the median purchase price of $345,000, this supports a cap rate of approximately 5.0%.

What type of investor is Bloomfield best for?

Bloomfield offers a balanced investment profile, suitable for investors seeking both monthly cash flow and long-term appreciation. The area attracts working professionals and families, providing stable tenancy with moderate property management requirements.

What cap rate can investors expect in Bloomfield?

DealScanner-tracked active listings in Bloomfield show an average cap rate of 5.0% computed at the seller's list price (not at a negotiated MAO). This is in line with the typical Pittsburgh market range of 5 to 7 percent for buy-and-hold rentals. The cap rate at a negotiated purchase price below list would be higher.

What does it cost to rehab a property in Bloomfield?

For fix-and-flip projects in Bloomfield, DealScanner estimates an average rehab budget of $38,925. Combined with the median purchase of $345,000 and an average ARV of $428,218, this drives the projected ROI quoted above. Actual rehab cost varies by property condition, scope, and contractor selection.

What neighborhood class is Bloomfield?

Bloomfield is a Class B--C+ (solid) area on the DealScanner neighborhood-class scale (A through D). Class designation reflects property condition, tenant profile, rent stability, and appreciation potential. This makes Bloomfield a fit for balanced investors seeking both cash flow and appreciation.

What are the demographic and rental signals for Bloomfield?

U.S. Census tract aggregates for Bloomfield show a median household income of $67,138, a renter share of 62%, a vacancy rate of 11.5%. These are factual signals, not forecasts - they help investors size up tenant pool, rent stability, and property-management overhead.

How does Bloomfield compare to Pittsburgh and Allegheny County?

See the comparison table on this page for Bloomfield side-by-side with Pittsburgh and Allegheny County baselines on median price, price-per-sqft, average cap rate, average rent, and key census signals. Areas that beat both baselines on cap rate while staying in line on demographics typically offer the strongest risk-adjusted returns.

How fresh is the Bloomfield data on this page?

Active listings, sheriff sales, recent sales, and rent estimates are refreshed daily from MLS, county records, and public sources. Census signals are updated annually from the U.S. Census Bureau ACS 5-year estimates. For the most current view, see the live Bloomfield data hub linked on this page.

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Allegheny County Municipalities (127)

ALEPPO ASPINWALL AVALON BALDWIN BELL ACRES BELLEVUE BEN AVON BEN AVON HEIGHTS BETHEL PARK BLAWNOX BRACKENRIDGE BRADDOCK BRADDOCK HILLS BRADFORD WOODS BRENTWOOD BRIDGEVILLE CARNEGIE CASTLE SHANNON CHALFANT CHESWICK CHURCHILL CLAIRTON COLLIER CORAOPOLIS CRAFTON CRESCENT DORMONT DRAVOSBURG DUQUESNE EAST DEER EAST MCKEESPORT EAST PITTSBURGH EDGEWOOD EDGEWORTH ELIZABETH EMSWORTH ETNA FAWN FINDLAY FOREST HILLS FORWARD FOX CHAPEL FRANKLIN PARK FRAZER GLASSPORT GLEN OSBORNE GLENFIELD GREEN TREE HAMPTON HARMAR HARRISON HAYSVILLE HEIDELBERG HOMESTEAD INDIANA INGRAM JEFFERSON HILLS KENNEDY KILBUCK LEET LEETSDALE LIBERTY LINCOLN MARSHALL MCCANDLESS MCDONALD MCKEES ROCKS MCKEESPORT MILLVALE MONROEVILLE MOON MOUNT LEBANON MOUNT OLIVER MUNHALL NEVILLE NORTH BRADDOCK NORTH FAYETTE NORTH VERSAILLES O'HARA OAKDALE OAKMONT OHIO PENN HILLS PENNSBURY VILLAGE PINE PITCAIRN PITTSBURGH PLEASANT HILLS PLUM PORT VUE RANKIN RESERVE RICHLAND ROBINSON ROSS ROSSLYN FARMS SCOTT SEWICKLEY SEWICKLEY HEIGHTS SEWICKLEY HILLS SHALER SHARPSBURG SOUTH FAYETTE SOUTH PARK SOUTH VERSAILLES SPRINGDALE STOWE SWISSVALE TARENTUM THORNBURG TRAFFORD TURTLE CREEK UPPER ST. CLAIR VERONA VERSAILLES WALL WEST DEER WEST ELIZABETH WEST HOMESTEAD WEST MIFFLIN WEST VIEW WHITAKER WHITE OAK WHITEHALL WILKINS WILKINSBURG WILMERDING