Investing in Greenfield

Pittsburgh, Allegheny County, PA

Data updated Sep 03, 2026

For Sale: 23 Under Contract: 5 Sold (12 mo): 69

Active Listings NOW

28
currently asking median $277,400
$125,000 - $469,900
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Greenfield, through . Live counts are tagged NOW.

Median Sold Price

$250,000
Trailing 12-month sold cohort - n=69

Median $/Sqft

$180
Trailing 12-month sold cohort - n=69

Median DOM

81 days
Trailing 12-month sold cohort - n=69

Cap Rate (at sold price)

5.46%
Median, trailing 12-month sold - n=61

ARV

$289,002
Median after-repair value, trailing 12-month sold - n=55

Median Rent

$1,872/mo
Median, trailing 12-month sold cohort - n=61
NOW Active listings today ACS U.S. Census ACS 2024

About Greenfield

Greenfield is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 28 active listings, currently asking a median of $277,400, a median projected flip ROI of -5.8% on current listings (at list price). Across 69 homes sold in Greenfield over the trailing 12 months, the area has a median sold price of $250,000, a median 81 days on market, a median cap rate of 5.5% (at recorded sale price), an ARV of $289,002, a median rent of $1,872/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 28 homes currently for sale.

Census signals for Greenfield include a DealScanner neighborhood class of B-, a median household income of $66,102, a renter share of 38.3%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 28 active listings in Greenfield - as of

Flip ROI (at list price)
-4.8%
Active listings, not negotiated MAO
Cap Rate (at list price)
5.7%
Active listings, not negotiated MAO
ARV (active listings)
$297,261
Rent (active listings)
$1,857
Avg Rehab (Flip)
$21,877
Avg Rehab (Rental)
$12,305
Typical Condition
Mid Range rehab

Market Velocity

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

3.5
Months Supply
28.6%
Absorption Rate
80
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $255,000
Median Sold Price: $250,000
Median Price Change: -2.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $194
Sold $/sqft: $180
$/sqft Trend: -7.2%
Properties in Greenfield sell for 97.2% of list price on average.
61% of properties sold at asking price, 39% sold after a price reduction (avg -8.8%).

Rental Market 131 rented

Rental activity in Greenfield over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,900/mo
Based on 131 rented properties in the last 12 months.
Avg. asking → closed change: -2.4%

Rental Velocity

Avg. Days to Rent: 33 days
Median Days to Rent: 19 days
Based on 123 properties with listing date data
68% of properties rented at asking price, 28% rented after a reduction (avg -10.1%), and 4% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in Greenfield right now?

DealScanner is tracking 28 active listings in Greenfield as of Sep 03, 2026, currently asking a median of $277,400. Of those, 23 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 69 closed sales in Greenfield is $250,000. 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 Greenfield (last 12 months)?

Across 69 sold homes in Greenfield over the trailing 12 months, the median cap rate at recorded sale price is 5.5% and the median monthly rent is $1,872. 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 Greenfield data last updated?

Live market data on this page was last refreshed on Sep 03, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

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

Neighborhood Class
B-
Median Income
$66,102
Vacancy Rate
8.5%
Renter %
38%
Education (Bachelor's+)
54%
Poverty Rate
10.9%

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Read the Greenfield 2026 Investment Guide

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

Read Greenfield 2026 Guide