Investing in Homewood North

Pittsburgh, Allegheny County, PA

Data updated Jul 19, 2026

For Sale: 8 Under Contract: 3 Upcoming Sheriff Sales: 1 Sold (12 mo): 9

Active Listings NOW

11
currently asking median $65,000
$15,900 - $125,000

Upcoming Sheriff Sales NOW

1
median starting bid $3,335
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Homewood North, through . Live counts are tagged NOW.

Median Sold Price

$59,900
Trailing 12-month sold cohort - n=9

Median $/Sqft

$25
Trailing 12-month sold cohort - n=9

Median DOM

70 days
Trailing 12-month sold cohort - n=9

Cap Rate (at sold price)

15.67%
Median, trailing 12-month sold - n=7

ARV

$284,327
Median after-repair value, trailing 12-month sold - n=5

Median Rent

$1,525/mo
Median, trailing 12-month sold cohort - n=7
NOW Active listings today ACS U.S. Census ACS 2024

About Homewood North

Homewood North is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 11 active listings, currently asking a median of $65,000, 1 upcoming sheriff sales, a median projected flip ROI of -12.3% on current listings (at list price). Across 9 homes sold in Homewood North over the trailing 12 months, the area has a median sold price of $59,900, a median 70 days on market, a median cap rate of 15.7% (at recorded sale price), an ARV of $284,327, a median rent of $1,525/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 11 homes currently for sale.

Census signals for Homewood North include a DealScanner neighborhood class of C-D+, a median household income of $39,059, a renter share of 41.4%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 11 active listings in Homewood North - as of

Flip ROI (at list price)
-10.5%
Active listings, not negotiated MAO
Cap Rate (at list price)
9.4%
Active listings, not negotiated MAO
ARV (active listings)
$240,612
Rent (active listings)
$1,701
Avg Rehab (Flip)
$121,109
Avg Rehab (Rental)
$81,397
Typical Condition
-

Market Velocity

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

9.6
Months Supply
10.4%
Absorption Rate
70
Median Days on Market
Buyer's Market - More inventory available. Buyers have negotiating power.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $59,900
Median Sold Price: $59,900
Median Price Change: 0.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $28
Sold $/sqft: $25
$/sqft Trend: -8.9%
Properties in Homewood North sell for 93.5% of list price on average.
88% of properties sold at asking price, 12% sold after a price reduction (avg -19.0%).

Rental Market 14 rented

Rental activity in Homewood North over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,968/mo
Based on 14 rented properties in the last 12 months.
Avg. asking → closed change: +0.4%

Rental Velocity

Avg. Days to Rent: 30 days
Median Days to Rent: 19 days
Based on 11 properties with listing date data
73% of properties rented at asking price, 18% rented after a reduction (avg -10.0%), and 9% rented above initial asking.

Upcoming Sheriff Sales NOW 1

Scheduled, as of

Median starting bid: $3,335 • Starting bid range: $3,335 - $3,335

1504 North Murtland Street, Pittsburgh, PA 15208
• Real Estate Sale - Mortgage Foreclosure
$3,335
Sheriff Sale

Frequently Asked Questions

How many homes are for sale in Homewood North right now?

DealScanner is tracking 11 active listings in Homewood North as of Jul 19, 2026, currently asking a median of $65,000. Of those, 8 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 9 closed sales in Homewood North is $59,900. 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 Homewood North (last 12 months)?

Across 9 sold homes in Homewood North over the trailing 12 months, the median cap rate at recorded sale price is 15.7% and the median monthly rent is $1,525. 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 Homewood North?

There are 1 upcoming sheriff sales tracked in Homewood North, with a median starting bid of $3,335.

When was Homewood North 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 Homewood North

Neighborhood Class
C - D+
Median Income
$39,059
Vacancy Rate
32.2%
Renter %
41%
Education (Bachelor's+)
18%
Poverty Rate
28.4%

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Read the Homewood North 2026 Investment Guide

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

Read Homewood North 2026 Guide