Investing in ELIZABETH

Allegheny County, Pennsylvania

Data updated Sep 02, 2026

For Sale: 25 Foreclosure: 3 Under Contract: 13 Upcoming Sheriff Sales: 8 Sold (12 mo): 90

Active Listings NOW

44
currently asking median $195,200
$34,900 - $459,900

Upcoming Sheriff Sales NOW

8
median starting bid $5,766
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in ELIZABETH, through . Live counts are tagged NOW.

Median Sold Price

$217,450
Trailing 12-month sold cohort - n=90

Median $/Sqft

$154
Trailing 12-month sold cohort - n=90

Median DOM

58 days
Trailing 12-month sold cohort - n=90

Cap Rate (at sold price)

5.16%
Median, trailing 12-month sold - n=42

ARV

$249,518
Median after-repair value, trailing 12-month sold - n=48

Median Rent

$1,463/mo
Median, trailing 12-month sold cohort - n=42
NOW Active listings today ACS U.S. Census ACS 2024

About ELIZABETH

ELIZABETH is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 44 active listings, currently asking a median of $195,200, 8 upcoming sheriff sales, a median projected flip ROI of 4.5% on current listings (at list price). Across 90 homes sold in ELIZABETH over the trailing 12 months, the area has a median sold price of $217,450, a median 58 days on market, a median cap rate of 5.2% (at recorded sale price), an ARV of $249,518, a median rent of $1,463/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 44 homes currently for sale.

Census signals for ELIZABETH include a DealScanner neighborhood class of A--C, a median household income of $76,128, a renter share of 16.3%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 44 active listings in ELIZABETH - as of

Flip ROI (at list price)
-0.6%
Active listings, not negotiated MAO
Cap Rate (at list price)
5.7%
Active listings, not negotiated MAO
ARV (active listings)
$267,326
Rent (active listings)
$1,459
Avg Rehab (Flip)
$44,235
Avg Rehab (Rental)
$27,208
Typical Condition
Mid Range rehab

Market Velocity

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

2.8
Months Supply
35.7%
Absorption Rate
56
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: $229,900
Median Sold Price: $217,450
Median Price Change: -5.4%

Price Per Square Foot (last 12 months)

Asking $/sqft: $161
Sold $/sqft: $154
$/sqft Trend: -4.1%
Properties in ELIZABETH sell for 96.3% of list price on average.
66% of properties sold at asking price, 30% sold after a price reduction (avg -9.3%), and 3% sold above initial asking.

Rental Market 12 rented

Rental activity in ELIZABETH over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,425/mo
Based on 12 rented properties in the last 12 months.
Avg. asking → closed change: -3.1%

Rental Velocity

Avg. Days to Rent: 23 days
Median Days to Rent: 18 days
Based on 12 properties with listing date data
58% of properties rented at asking price, 33% rented after a reduction (avg -11.0%), and 8% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in ELIZABETH right now?

DealScanner is tracking 44 active listings in ELIZABETH as of Sep 02, 2026, currently asking a median of $195,200. Of those, 25 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 90 closed sales in ELIZABETH is $217,450. 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 ELIZABETH (last 12 months)?

Across 90 sold homes in ELIZABETH over the trailing 12 months, the median cap rate at recorded sale price is 5.2% and the median monthly rent is $1,463. 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 ELIZABETH?

There are 8 upcoming sheriff sales tracked in ELIZABETH, with a median starting bid of $5,766.

When was ELIZABETH data last updated?

Live market data on this page was last refreshed on Sep 02, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Area Demographics ACS

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

Area Class
A- - C
Median Income
$76,128
Renter %
16%
Education (Bachelor's+)
29%
Poverty Rate
6.6%

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Read the ELIZABETH 2026 Investment Guide

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

Read ELIZABETH 2026 Guide