Investing in HOMESTEAD

Allegheny County, Pennsylvania

Data updated Sep 02, 2026

For Sale: 7 Under Contract: 4 Upcoming Sheriff Sales: 6 Sold (12 mo): 13

Active Listings NOW

11
currently asking median $69,900
$9,500 - $159,999

Upcoming Sheriff Sales NOW

6
median starting bid $22,499
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in HOMESTEAD, through . Live counts are tagged NOW.

Median Sold Price

$75,000
Trailing 12-month sold cohort - n=13

Median $/Sqft

$45
Trailing 12-month sold cohort - n=13

Median DOM

142 days
Trailing 12-month sold cohort - n=13

Cap Rate (at sold price)

10.59%
Median, trailing 12-month sold - n=12

ARV

$140,314
Median after-repair value, trailing 12-month sold - n=12

Median Rent

$1,570/mo
Median, trailing 12-month sold cohort - n=12
NOW Active listings today ACS U.S. Census ACS 2024

About HOMESTEAD

HOMESTEAD is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 11 active listings, currently asking a median of $69,900, 6 upcoming sheriff sales, a median projected flip ROI of -22.6% on current listings (at list price). Across 13 homes sold in HOMESTEAD over the trailing 12 months, the area has a median sold price of $75,000, a median 142 days on market, a median cap rate of 10.6% (at recorded sale price), an ARV of $140,314, a median rent of $1,570/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 HOMESTEAD include a DealScanner neighborhood class of C-, a median household income of $35,259, a renter share of 66.4%. 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 HOMESTEAD - as of

Flip ROI (at list price)
-31.9%
Active listings, not negotiated MAO
Cap Rate (at list price)
8.7%
Active listings, not negotiated MAO
ARV (active listings)
$135,992
Rent (active listings)
$1,522
Avg Rehab (Flip)
$92,317
Avg Rehab (Rental)
$63,584
Typical Condition
-

Market Velocity

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

4.4
Months Supply
22.6%
Absorption Rate
142
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $75,000
Median Sold Price: $75,000
Median Price Change: 0.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $48
Sold $/sqft: $45
$/sqft Trend: -7.6%
Properties in HOMESTEAD sell for 86.5% of list price on average.
33% of properties sold at asking price, 67% sold after a price reduction (avg -17.9%).

Rental Market 47 rented

Rental activity in HOMESTEAD over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,550/mo
Based on 47 rented properties in the last 12 months.
Avg. asking → closed change: -1.9%

Rental Velocity

Avg. Days to Rent: 30 days
Median Days to Rent: 20 days
Based on 41 properties with listing date data
73% of properties rented at asking price, 27% rented after a reduction (avg -7.3%).

Frequently Asked Questions

How many homes are for sale in HOMESTEAD right now?

DealScanner is tracking 11 active listings in HOMESTEAD as of Sep 02, 2026, currently asking a median of $69,900. Of those, 7 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 13 closed sales in HOMESTEAD is $75,000. 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 HOMESTEAD (last 12 months)?

Across 13 sold homes in HOMESTEAD over the trailing 12 months, the median cap rate at recorded sale price is 10.6% and the median monthly rent is $1,570. 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 HOMESTEAD?

There are 6 upcoming sheriff sales tracked in HOMESTEAD, with a median starting bid of $22,499.

When was HOMESTEAD 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 HOMESTEAD

Area Class
C-
Median Income
$35,259
Renter %
66%
Education (Bachelor's+)
19%
Poverty Rate
20.1%

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Read the HOMESTEAD 2026 Investment Guide

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

Read HOMESTEAD 2026 Guide