Investing in Hazelwood

Pittsburgh, Allegheny County, PA

Data updated Jul 19, 2026

For Sale: 10 Under Contract: 5 Sold (12 mo): 25

Active Listings NOW

15
currently asking median $180,500
$34,900 - $285,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Hazelwood, through . Live counts are tagged NOW.

Median Sold Price

$185,250
Trailing 12-month sold cohort - n=25

Median $/Sqft

$133
Trailing 12-month sold cohort - n=25

Median DOM

161 days
Trailing 12-month sold cohort - n=25

Cap Rate (at sold price)

5.00%
Median, trailing 12-month sold - n=17

ARV

$249,968
Median after-repair value, trailing 12-month sold - n=18

Median Rent

$1,343/mo
Median, trailing 12-month sold cohort - n=17
NOW Active listings today ACS U.S. Census ACS 2024

About Hazelwood

Hazelwood is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 15 active listings, currently asking a median of $180,500, a median projected flip ROI of 5.3% on current listings (at list price). Across 25 homes sold in Hazelwood over the trailing 12 months, the area has a median sold price of $185,250, a median 161 days on market, a median cap rate of 5.0% (at recorded sale price), an ARV of $249,968, a median rent of $1,343/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 15 homes currently for sale.

Census signals for Hazelwood include a DealScanner neighborhood class of C-, a median household income of $37,917, a renter share of 54.8%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 15 active listings in Hazelwood - as of

Flip ROI (at list price)
14.0%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.6%
Active listings, not negotiated MAO
ARV (active listings)
$228,297
Rent (active listings)
$1,411
Avg Rehab (Flip)
$46,590
Avg Rehab (Rental)
$25,774
Typical Condition
Well maintained

Market Velocity

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

4.3
Months Supply
23.3%
Absorption Rate
146
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $195,000
Median Sold Price: $185,250
Median Price Change: -5.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $141
Sold $/sqft: $133
$/sqft Trend: -5.3%
Properties in Hazelwood sell for 95.2% of list price on average.
59% of properties sold at asking price, 41% sold after a price reduction (avg -10.7%).

Rental Market 34 rented

Rental activity in Hazelwood over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,350/mo
Based on 34 rented properties in the last 12 months.
Avg. asking → closed change: -1.2%

Rental Velocity

Avg. Days to Rent: 33 days
Median Days to Rent: 21 days
Based on 25 properties with listing date data
80% of properties rented at asking price, 20% rented after a reduction (avg -5.9%).

Frequently Asked Questions

How many homes are for sale in Hazelwood right now?

DealScanner is tracking 15 active listings in Hazelwood as of Jul 19, 2026, currently asking a median of $180,500. Of those, 10 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 25 closed sales in Hazelwood is $185,250. 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 Hazelwood (last 12 months)?

Across 25 sold homes in Hazelwood over the trailing 12 months, the median cap rate at recorded sale price is 5.0% and the median monthly rent is $1,343. 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 Hazelwood data last updated?

Live market data on this page was last refreshed on Jul 19, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

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

Neighborhood Class
C-
Median Income
$37,917
Vacancy Rate
22.2%
Renter %
55%
Education (Bachelor's+)
23%
Poverty Rate
29.7%

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Read the Hazelwood 2026 Investment Guide

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

Read Hazelwood 2026 Guide