Investing in Homewood South

Pittsburgh, Allegheny County, PA

Data updated Jul 19, 2026

For Sale: 4 Sold (12 mo): 3

Active Listings NOW

4
currently asking median $97,500
$41,100 - $174,000

Insufficient recent sales

No reliable area-level statistics
Fewer than 5 sales recorded in Homewood South over the last 12 months. See the Pittsburgh and Allegheny County baselines for comparable medians.
NOW Active listings today ACS U.S. Census ACS 2024

About Homewood South

Homewood South is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 4 active listings, currently asking a median of $97,500, a median projected flip ROI of 80.1% on current listings (at list price). The trailing-12-month sold cohort in Homewood South is too small (3 sales) to publish reliable area medians; see the Pittsburgh and Allegheny County baselines below.

Census signals for Homewood South include a DealScanner neighborhood class of D+, a median household income of $24,037, a renter share of 62.9%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 4 active listings in Homewood South - as of

Flip ROI (at list price)
80.1%
Active listings, not negotiated MAO
Cap Rate (at list price)
8.6%
Active listings, not negotiated MAO
ARV (active listings)
$436,130
Rent (active listings)
$1,944
Avg Rehab (Flip)
$85,981
Avg Rehab (Rental)
$77,293
Typical Condition
-

Market Velocity

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

9.6
Months Supply
10.4%
Absorption Rate
50
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: $279,000
Median Sold Price: $279,000
Median Price Change: 0.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $139
Sold $/sqft: $139
$/sqft Trend: 0.0%
Properties in Homewood South sell for 100.0% of list price on average.
100% of properties sold at asking price.

Rental Market 7 rented

Rental activity in Homewood South over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,700/mo
Based on 7 rented properties in the last 12 months.
Avg. asking → closed change: -2.2%

Rental Velocity

Avg. Days to Rent: 59 days
Median Days to Rent: 59 days
Based on 5 properties with listing date data
80% of properties rented at asking price, 20% rented after a reduction (avg -11.1%).

Recent Sales 3

Closed in the trailing 12 months, through

$279,000
Median Sale
167
Median DOM (sold)
100.0%
Sale-to-List
$139
Median $/sqft

Sale prices ranged from $60,000 to $395,000

563 N Richland St, Pittsburgh, PA 15208
2 bed 1 bath 1,520 sqft • 50 DOM
$60,000
Sold
32 Parklane Dr, Pittsburgh, PA 15208
3 bed 3 bath 1,676 sqft • 50 DOM
$279,000
Sold
7043 Hamilton Ave, Pittsburgh, PA 15208
3 bed 4 bath 2,835 sqft • 402 DOM
$395,000
Sold

Frequently Asked Questions

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

DealScanner is tracking 4 active listings in Homewood South as of Jul 19, 2026, currently asking a median of $97,500. Of those, 4 are actively for sale (not under contract or pending).

When was Homewood South 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 South

Neighborhood Class
D+
Median Income
$24,037
Vacancy Rate
41.0%
Renter %
63%
Education (Bachelor's+)
14%
Poverty Rate
35.0%

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Read the Homewood South 2026 Investment Guide

In-depth analysis of Homewood South 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 South 2026 Guide