Investing in Banksville

Pittsburgh, Allegheny County, PA

Data updated Oct 17, 2026

For Sale: 4 Under Contract: 4 Sold (12 mo): 42

Active Listings NOW

8
currently asking median $294,450
$195,000 - $344,900
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Banksville, through . Live counts are tagged NOW.

Median Sold Price

$247,350
Trailing 12-month sold cohort - n=42

Median $/Sqft

$181
Trailing 12-month sold cohort - n=42

Median DOM

56 days
Trailing 12-month sold cohort - n=42

Cap Rate (at sold price)

5.73%
Median, trailing 12-month sold - n=36

ARV

$254,608
Median after-repair value, trailing 12-month sold - n=38

Median Rent

$1,834/mo
Median, trailing 12-month sold cohort - n=36
NOW Active listings today ACS U.S. Census ACS 2024

About Banksville

Banksville is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 8 active listings, currently asking a median of $294,450, a median projected flip ROI of -12.0% on current listings (at list price). Across 42 homes sold in Banksville over the trailing 12 months, the area has a median sold price of $247,350, a median 56 days on market, a median cap rate of 5.7% (at recorded sale price), an ARV of $254,608, a median rent of $1,834/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 8 homes currently for sale.

Census signals for Banksville include a DealScanner neighborhood class of B+, a median household income of $81,887, a renter share of 43.8%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 8 active listings in Banksville - as of

Flip ROI (at list price)
-11.5%
Active listings, not negotiated MAO
Cap Rate (at list price)
5.4%
Active listings, not negotiated MAO
ARV (active listings)
$324,604
Rent (active listings)
$1,910
Avg Rehab (Flip)
$18,298
Avg Rehab (Rental)
$11,546
Typical Condition
Mid Range rehab

Market Velocity

How quickly properties are selling in Banksville. Days-on-market window: trailing 12 months.

1.0
Months Supply
95.8%
Absorption Rate
56
Median Days on Market
Seller's Market - Properties are selling fast. Low inventory means competition for buyers.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $249,900
Median Sold Price: $247,350
Median Price Change: -1.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $195
Sold $/sqft: $181
$/sqft Trend: -6.7%
Properties in Banksville sell for 96.8% of list price on average.
63% of properties sold at asking price, 34% sold after a price reduction (avg -7.3%), and 2% sold above initial asking.

Rental Market 20 rented

Rental activity in Banksville over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,825/mo
Based on 20 rented properties in the last 12 months.
Avg. asking → closed change: -0.3%

Rental Velocity

Avg. Days to Rent: 14 days
Median Days to Rent: 10 days
Based on 18 properties with listing date data
94% of properties rented at asking price, 6% rented after a reduction (avg -4.8%).

Frequently Asked Questions

How many homes are for sale in Banksville right now?

DealScanner is tracking 8 active listings in Banksville as of Oct 17, 2026, currently asking a median of $294,450. Of those, 4 are actively for sale (not under contract or pending).

What is the median sold price in Banksville over the last 12 months?

The trailing 12-month median sold price across 42 closed sales in Banksville is $247,350. Sold-cohort medians are a more stable basis for area-level statistics than current asking prices, especially in neighborhoods with thin active inventory.

What is the typical cap rate in Banksville (last 12 months)?

Across 42 sold homes in Banksville over the trailing 12 months, the median cap rate at recorded sale price is 5.7% and the median monthly rent is $1,834. This uses each sale's Final Price with estimated rent and a 30% expense-ratio NOI model; the cap rate at a negotiated MAO would be higher.

When was Banksville data last updated?

Live market data on this page was last refreshed on Oct 17, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

U.S. Census American Community Survey 2024 - tract aggregates for Banksville

Neighborhood Class
B+
Median Income
$81,887
Vacancy Rate
11.0%
Renter %
44%
Education (Bachelor's+)
47%
Poverty Rate
5.1%

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Read the Banksville 2026 Investment Guide

In-depth analysis of Banksville as a real estate investment market: investor profile, market sentiment, opportunity by strategy (BRRRR / flip / buy-and-hold), and answers to common questions.

Read Banksville 2026 Guide