Investing in Garfield

Pittsburgh, Allegheny County, PA

Data updated Sep 02, 2026

For Sale: 15 Under Contract: 6 Upcoming Sheriff Sales: 4 Sold (12 mo): 33

Active Listings NOW

21
currently asking median $224,900
$50,000 - $488,000

Upcoming Sheriff Sales NOW

4
median starting bid $3,945
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Garfield, through . Live counts are tagged NOW.

Median Sold Price

$239,900
Trailing 12-month sold cohort - n=33

Median $/Sqft

$186
Trailing 12-month sold cohort - n=33

Median DOM

84 days
Trailing 12-month sold cohort - n=33

Cap Rate (at sold price)

6.52%
Median, trailing 12-month sold - n=25

ARV

$313,099
Median after-repair value, trailing 12-month sold - n=23

Median Rent

$1,841/mo
Median, trailing 12-month sold cohort - n=25
NOW Active listings today ACS U.S. Census ACS 2024

About Garfield

Garfield is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 21 active listings, currently asking a median of $224,900, 4 upcoming sheriff sales, a median projected flip ROI of 6.0% on current listings (at list price). Across 33 homes sold in Garfield over the trailing 12 months, the area has a median sold price of $239,900, a median 84 days on market, a median cap rate of 6.5% (at recorded sale price), an ARV of $313,099, a median rent of $1,841/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 21 homes currently for sale.

Census signals for Garfield include a DealScanner neighborhood class of C-C-, a median household income of $62,206, a renter share of 59.1%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 21 active listings in Garfield - as of

Flip ROI (at list price)
-2.5%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.5%
Active listings, not negotiated MAO
ARV (active listings)
$298,026
Rent (active listings)
$2,045
Avg Rehab (Flip)
$108,006
Avg Rehab (Rental)
$40,731
Typical Condition
Mid Range rehab

Market Velocity

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

4.7
Months Supply
21.1%
Absorption Rate
80
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $249,000
Median Sold Price: $239,900
Median Price Change: -3.7%

Price Per Square Foot (last 12 months)

Asking $/sqft: $177
Sold $/sqft: $186
$/sqft Trend: +5.2%
Properties in Garfield sell for 94.0% of list price on average.
58% of properties sold at asking price, 42% sold after a price reduction (avg -12.5%).

Rental Market 26 rented

Rental activity in Garfield over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,925/mo
Based on 26 rented properties in the last 12 months.
Avg. asking → closed change: -1.5%

Rental Velocity

Avg. Days to Rent: 18 days
Median Days to Rent: 16 days
Based on 22 properties with listing date data
82% of properties rented at asking price, 14% rented after a reduction (avg -16.1%), and 5% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in Garfield right now?

DealScanner is tracking 21 active listings in Garfield as of Sep 02, 2026, currently asking a median of $224,900. Of those, 15 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 33 closed sales in Garfield is $239,900. 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 Garfield (last 12 months)?

Across 33 sold homes in Garfield over the trailing 12 months, the median cap rate at recorded sale price is 6.5% and the median monthly rent is $1,841. 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.

How many upcoming sheriff sales are scheduled in Garfield?

There are 4 upcoming sheriff sales tracked in Garfield, with a median starting bid of $3,945.

When was Garfield data last updated?

Live market data on this page was last refreshed on Sep 02, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

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

Neighborhood Class
C - C-
Median Income
$62,206
Vacancy Rate
16.3%
Renter %
59%
Education (Bachelor's+)
44%
Poverty Rate
19.4%

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Read the Garfield 2026 Investment Guide

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

Read Garfield 2026 Guide