Investing in Central Lawrenceville

Pittsburgh, Allegheny County, PA

Data updated Oct 17, 2026

For Sale: 11 Under Contract: 6 Sold (12 mo): 76

Active Listings NOW

17
currently asking median $315,000
$175,000 - $499,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Central Lawrenceville, through . Live counts are tagged NOW.

Median Sold Price

$422,400
Trailing 12-month sold cohort - n=76

Median $/Sqft

$272
Trailing 12-month sold cohort - n=76

Median DOM

65 days
Trailing 12-month sold cohort - n=76

Cap Rate (at sold price)

5.03%
Median, trailing 12-month sold - n=51

ARV

$356,807
Median after-repair value, trailing 12-month sold - n=41

Median Rent

$2,219/mo
Median, trailing 12-month sold cohort - n=51
NOW Active listings today ACS U.S. Census ACS 2024

About Central Lawrenceville

Central Lawrenceville is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 17 active listings, currently asking a median of $315,000, a median projected flip ROI of 21.7% on current listings (at list price). Across 76 homes sold in Central Lawrenceville over the trailing 12 months, the area has a median sold price of $422,400, a median 65 days on market, a median cap rate of 5.0% (at recorded sale price), an ARV of $356,807, a median rent of $2,219/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 17 homes currently for sale.

Census signals for Central Lawrenceville include a DealScanner neighborhood class of B+-C+, a median household income of $91,726, a renter share of 58.0%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 17 active listings in Central Lawrenceville - as of

Flip ROI (at list price)
23.0%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.3%
Active listings, not negotiated MAO
ARV (active listings)
$428,136
Rent (active listings)
$2,397
Avg Rehab (Flip)
$37,776
Avg Rehab (Rental)
$19,328
Typical Condition
Mid Range rehab

Market Velocity

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

1.7
Months Supply
59.1%
Absorption Rate
63
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: $427,450
Median Sold Price: $422,400
Median Price Change: -1.2%

Price Per Square Foot (last 12 months)

Asking $/sqft: $288
Sold $/sqft: $272
$/sqft Trend: -5.6%
Properties in Central Lawrenceville sell for 98.1% of list price on average.
59% of properties sold at asking price, 39% sold after a price reduction (avg -7.9%), and 3% sold above initial asking.

Rental Market 91 rented

Rental activity in Central Lawrenceville over the last 12 months.

Median Rent (last 12 months)

Median Rent: $2,400/mo
Based on 91 rented properties in the last 12 months.
Avg. asking → closed change: -1.3%

Rental Velocity

Avg. Days to Rent: 27 days
Median Days to Rent: 17 days
Based on 88 properties with listing date data
84% of properties rented at asking price, 15% rented after a reduction (avg -9.2%), and 1% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in Central Lawrenceville right now?

DealScanner is tracking 17 active listings in Central Lawrenceville as of Oct 17, 2026, currently asking a median of $315,000. Of those, 11 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 76 closed sales in Central Lawrenceville is $422,400. 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 Central Lawrenceville (last 12 months)?

Across 76 sold homes in Central Lawrenceville over the trailing 12 months, the median cap rate at recorded sale price is 5.0% and the median monthly rent is $2,219. 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 Central Lawrenceville 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 Central Lawrenceville

Neighborhood Class
B+ - C+
Median Income
$91,726
Vacancy Rate
9.3%
Renter %
58%
Education (Bachelor's+)
67%
Poverty Rate
12.8%

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Read the Central Lawrenceville 2026 Investment Guide

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

Read Central Lawrenceville 2026 Guide