Neighborhood Guide

Investing in Squirrel Hill North, PA

Updated | 2026 Investment Analysis

$469K
Median Asking NOW
5.0%
Cap Rate (at list price) NOW
-14.9%
Flip ROI (at list price) NOW
3
Active NOW
47
Sold

Squirrel Hill North offers compelling opportunities for real estate investors seeking value in 2026. With a median listing price of $469,000 and Class B+ (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 -14.9% 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 3 single-family homes on the market.

Investment Highlights

-14.9% Projected Flip ROI (at list price)

Value-Focused 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.

47% Renter Population

Strong tenant demand supports rental investments

Market Overview

The median listing price in Squirrel Hill North is $469,000, with properties ranging from $438,000 to $475,000. Recent sales data shows a median sale price of $959,000 with properties spending an average of 111 days on market. After-repair values (ARV) in this area average $460,151, providing clear targets for fix-and-flip investors. Rental properties in Squirrel Hill North command an average of $2,785 per month, supporting strong cash flow for buy-and-hold strategies.

Squirrel Hill North vs Wider Market

How Squirrel Hill North 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 Squirrel Hill NorthPittsburghAllegheny County
12-Month Market Activity - trailing 12 months through Jul 19, 2026
Homes sold (last 12 months) 471,6818,869
Median sold price $959,000$249,000$274,900
Median $/sqft (sold) $321$173$186
Median days on market 807265
Cap rate (at sold price) 5.6%6.1%5.8%
ARV $333,152$252,292$262,284
Rent (monthly) $2,805$1,731$1,749
Current Inventory NOW - active listings as of Jul 19, 2026
Active listings (count) 39583,782
Currently asking (median) $469,000$210,000$225,000
Projected flip ROI (active, at list) -27.3%-11.0%-11.4%
Upcoming sheriff sales (count) ---
Demographics ACS - U.S. Census ACS 2024
Median household income $142,738$63,061$75,245
Renter % 46.9%45.8%33.5%
Vacancy rate 10.3%-5.0%
Poverty rate 10.8%18.0%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 3

There are currently 3 single-family investment properties available in Squirrel Hill North. Prices start at $438,000 with a median of $469,000.

View All Listings

Why Invest in Squirrel Hill North?

Strategic Location: Squirrel Hill North 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+ (solid) area, Squirrel Hill North 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 $2,785/month against a median price of $469,000, Squirrel Hill North shows a 7.12% gross rent multiplier, exceeding the 1% rule benchmark.

Moderate Vacancy: With a 10.3% vacancy rate, investors should factor in potential turnover when calculating returns.

Ideal Investor Profile

Squirrel Hill North 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 Squirrel Hill North a good place to invest in real estate in 2026?

Yes, Squirrel Hill North offers solid investment potential in 2026. With an average cap rate of 5.0% and 3 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 Squirrel Hill North?

The median listing price in Squirrel Hill North is $469,000. Prices range from $438,000 to $475,000, providing options for various investment budgets.

What is the average rent in Squirrel Hill North?

Rental properties in Squirrel Hill North average $2,785 per month. Combined with the median purchase price of $469,000, this supports a cap rate of approximately 5.0%.

What type of investor is Squirrel Hill North best for?

Squirrel Hill North 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 Squirrel Hill North?

DealScanner-tracked active listings in Squirrel Hill North show an average cap rate of 5.0% computed at the seller's list price (not at a negotiated MAO). This is on the lower end of the typical Pittsburgh market range, more typical of appreciation-focused areas. The cap rate at a negotiated purchase price below list would be higher.

What does it cost to rehab a property in Squirrel Hill North?

For fix-and-flip projects in Squirrel Hill North, DealScanner estimates an average rehab budget of $5,335. Combined with the median purchase of $469,000 and an average ARV of $460,151, this drives the projected ROI quoted above. Actual rehab cost varies by property condition, scope, and contractor selection.

What neighborhood class is Squirrel Hill North?

Squirrel Hill North is a Class B+ (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 Squirrel Hill North a fit for balanced investors seeking both cash flow and appreciation.

What are the demographic and rental signals for Squirrel Hill North?

U.S. Census tract aggregates for Squirrel Hill North show a median household income of $142,738, a renter share of 47%, a vacancy rate of 10.3%. These are factual signals, not forecasts - they help investors size up tenant pool, rent stability, and property-management overhead.

How does Squirrel Hill North compare to Pittsburgh and Allegheny County?

See the comparison table on this page for Squirrel Hill North 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 Squirrel Hill North 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 Squirrel Hill North 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