Investing in PITTSBURGH

Allegheny County, Pennsylvania

Data updated Aug 22, 2026

For Sale: 679 Foreclosure: 17 Under Contract: 253 Upcoming Sheriff Sales: 2 Sold (12 mo): 1782

Active Listings NOW

965
currently asking median $209,000
$5,000 - $510,000

Upcoming Sheriff Sales NOW

2
median starting bid $30,260
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in PITTSBURGH, through . Live counts are tagged NOW.

Median Sold Price

$249,900
Trailing 12-month sold cohort - n=1782

Median $/Sqft

$175
Trailing 12-month sold cohort - n=1782

Median DOM

72 days
Trailing 12-month sold cohort - n=1782

Cap Rate (at sold price)

6.07%
Median, trailing 12-month sold - n=1297

ARV

$254,706
Median after-repair value, trailing 12-month sold - n=1159

Median Rent

$1,740/mo
Median, trailing 12-month sold cohort - n=1302
NOW Active listings today ACS U.S. Census ACS 2024

About PITTSBURGH

PITTSBURGH is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 965 active listings, currently asking a median of $209,000, 2 upcoming sheriff sales, a median projected flip ROI of -10.1% on current listings (at list price). Across 1,782 homes sold in PITTSBURGH over the trailing 12 months, the area has a median sold price of $249,900, a median 72 days on market, a median cap rate of 6.1% (at recorded sale price), an ARV of $254,706, a median rent of $1,740/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 965 homes currently for sale.

Census signals for PITTSBURGH include a DealScanner neighborhood class of A-D+, a median household income of $63,949, a renter share of 45.4%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 965 active listings in PITTSBURGH - as of

Flip ROI (at list price)
-6.0%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.7%
Active listings, not negotiated MAO
ARV (active listings)
$273,589
Rent (active listings)
$1,831
Avg Rehab (Flip)
$49,366
Avg Rehab (Rental)
$26,836
Typical Condition
Mid Range rehab

Market Velocity

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

3.8
Months Supply
26.2%
Absorption Rate
69
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: $249,900
Median Price Change: -2.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $181
Sold $/sqft: $175
$/sqft Trend: -3.4%
Properties in PITTSBURGH sell for 96.0% of list price on average.
60% of properties sold at asking price, 39% sold after a price reduction (avg -10.0%), and 1% sold above initial asking.

Rental Market 3074 rented

Rental activity in PITTSBURGH over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,800/mo
Based on 3074 rented properties in the last 12 months.
Avg. asking → closed change: -1.7%

Rental Velocity

Avg. Days to Rent: 32 days
Median Days to Rent: 20 days
Based on 2596 properties with listing date data
74% of properties rented at asking price, 23% rented after a reduction (avg -8.6%), and 3% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in PITTSBURGH right now?

DealScanner is tracking 965 active listings in PITTSBURGH as of Aug 22, 2026, currently asking a median of $209,000. Of those, 679 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 1,782 closed sales in PITTSBURGH is $249,900. 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 PITTSBURGH (last 12 months)?

Across 1,782 sold homes in PITTSBURGH over the trailing 12 months, the median cap rate at recorded sale price is 6.1% and the median monthly rent is $1,740. 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 PITTSBURGH?

There are 2 upcoming sheriff sales tracked in PITTSBURGH, with a median starting bid of $30,260.

When was PITTSBURGH data last updated?

Live market data on this page was last refreshed on Aug 22, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Area Demographics ACS

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

Area Class
A - D+
Median Income
$63,949
Renter %
45%
Education (Bachelor's+)
40%
Poverty Rate
17.9%

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Read the PITTSBURGH 2026 Investment Guide

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

Read PITTSBURGH 2026 Guide