Investing in CASTLE SHANNON

Allegheny County, Pennsylvania

Data updated Jul 19, 2026

For Sale: 10 Under Contract: 8 Upcoming Sheriff Sales: 1 Sold (12 mo): 74

Active Listings NOW

18
currently asking median $242,450
$174,000 - $365,000

Upcoming Sheriff Sales NOW

1
median starting bid $4,453
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in CASTLE SHANNON, through . Live counts are tagged NOW.

Median Sold Price

$227,000
Trailing 12-month sold cohort - n=74

Median $/Sqft

$179
Trailing 12-month sold cohort - n=74

Median DOM

60 days
Trailing 12-month sold cohort - n=74

Cap Rate (at sold price)

5.88%
Median, trailing 12-month sold - n=55

ARV

$229,828
Median after-repair value, trailing 12-month sold - n=61

Median Rent

$1,628/mo
Median, trailing 12-month sold cohort - n=55
NOW Active listings today ACS U.S. Census ACS 2024

About CASTLE SHANNON

CASTLE SHANNON is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 18 active listings, currently asking a median of $242,450, 1 upcoming sheriff sales, a median projected flip ROI of -14.0% on current listings (at list price). Across 74 homes sold in CASTLE SHANNON over the trailing 12 months, the area has a median sold price of $227,000, a median 60 days on market, a median cap rate of 5.9% (at recorded sale price), an ARV of $229,828, a median rent of $1,628/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 18 homes currently for sale.

Census signals for CASTLE SHANNON include a DealScanner neighborhood class of A--C+, a median household income of $80,262, a renter share of 28.2%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 18 active listings in CASTLE SHANNON - as of

Flip ROI (at list price)
-19.3%
Active listings, not negotiated MAO
Cap Rate (at list price)
5.6%
Active listings, not negotiated MAO
ARV (active listings)
$250,236
Rent (active listings)
$1,661
Avg Rehab (Flip)
$18,452
Avg Rehab (Rental)
$8,778
Typical Condition
Mid Range rehab

Market Velocity

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

1.3
Months Supply
74.2%
Absorption Rate
58
Median Days on Market
Seller's Market - Properties are selling fast. Low inventory means competition for buyers.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $232,450
Median Sold Price: $227,000
Median Price Change: -2.3%

Price Per Square Foot (last 12 months)

Asking $/sqft: $183
Sold $/sqft: $179
$/sqft Trend: -2.4%
Properties in CASTLE SHANNON sell for 98.1% of list price on average.
70% of properties sold at asking price, 30% sold after a price reduction (avg -6.5%).

Rental Market 34 rented

Rental activity in CASTLE SHANNON over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,600/mo
Based on 34 rented properties in the last 12 months.
Avg. asking → closed change: -2.2%

Rental Velocity

Avg. Days to Rent: 17 days
Median Days to Rent: 5 days
Based on 23 properties with listing date data
78% of properties rented at asking price, 22% rented after a reduction (avg -10.3%).

Upcoming Sheriff Sales NOW 1

Scheduled, as of

Median starting bid: $4,453 • Starting bid range: $4,453 - $4,453

912 Maple Avenue, Pittsburgh, PA 15234
• Real Estate Sale - Mortgage Foreclosure
$4,453
Sheriff Sale

Frequently Asked Questions

How many homes are for sale in CASTLE SHANNON right now?

DealScanner is tracking 18 active listings in CASTLE SHANNON as of Jul 19, 2026, currently asking a median of $242,450. Of those, 10 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 74 closed sales in CASTLE SHANNON is $227,000. 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 CASTLE SHANNON (last 12 months)?

Across 74 sold homes in CASTLE SHANNON over the trailing 12 months, the median cap rate at recorded sale price is 5.9% and the median monthly rent is $1,628. 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 CASTLE SHANNON?

There are 1 upcoming sheriff sales tracked in CASTLE SHANNON, with a median starting bid of $4,453.

When was CASTLE SHANNON 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.

Area Demographics ACS

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

Area Class
A- - C+
Median Income
$80,262
Renter %
28%
Education (Bachelor's+)
36%
Poverty Rate
7.8%

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Read the CASTLE SHANNON 2026 Investment Guide

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

Read CASTLE SHANNON 2026 Guide