Investing in LEET

Allegheny County, Pennsylvania

Data updated Jul 19, 2026

For Sale: 5 Under Contract: 3 Sold (12 mo): 19

Active Listings NOW

8
currently asking median $237,500
$124,900 - $499,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in LEET, through . Live counts are tagged NOW.

Median Sold Price

$299,000
Trailing 12-month sold cohort - n=19

Median $/Sqft

$169
Trailing 12-month sold cohort - n=19

Median DOM

57 days
Trailing 12-month sold cohort - n=19

Cap Rate (at sold price)

6.11%
Median, trailing 12-month sold - n=9

ARV

$371,401
Median after-repair value, trailing 12-month sold - n=11

Median Rent

$2,412/mo
Median, trailing 12-month sold cohort - n=9
NOW Active listings today ACS U.S. Census ACS 2024

About LEET

LEET is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 8 active listings, currently asking a median of $237,500, a median projected flip ROI of -14.2% on current listings (at list price). Across 19 homes sold in LEET over the trailing 12 months, the area has a median sold price of $299,000, a median 57 days on market, a median cap rate of 6.1% (at recorded sale price), an ARV of $371,401, a median rent of $2,412/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 8 homes currently for sale.

Census signals for LEET include a DealScanner neighborhood class of A-, a median household income of $85,159, a renter share of 26.0%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 8 active listings in LEET - as of

Flip ROI (at list price)
-19.7%
Active listings, not negotiated MAO
Cap Rate (at list price)
5.7%
Active listings, not negotiated MAO
ARV (active listings)
$282,455
Rent (active listings)
$1,802
Avg Rehab (Flip)
$24,914
Avg Rehab (Rental)
$16,908
Typical Condition
Basic rehab

Market Velocity

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

2.7
Months Supply
36.7%
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: $310,000
Median Sold Price: $299,000
Median Price Change: -3.5%

Price Per Square Foot (last 12 months)

Asking $/sqft: $174
Sold $/sqft: $169
$/sqft Trend: -2.9%
Properties in LEET sell for 97.2% of list price on average.
63% of properties sold at asking price, 37% sold after a price reduction (avg -7.7%).

Rental Market 5 rented

Rental activity in LEET over the last 12 months.

Median Rent (last 12 months)

Median Rent: $2,450/mo
Based on 5 rented properties in the last 12 months.

Rental Velocity

Avg. Days to Rent: 4 days
Median Days to Rent: 2 days
Based on 4 properties with listing date data

Frequently Asked Questions

How many homes are for sale in LEET right now?

DealScanner is tracking 8 active listings in LEET as of Jul 19, 2026, currently asking a median of $237,500. Of those, 5 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 19 closed sales in LEET is $299,000. 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 LEET (last 12 months)?

Across 19 sold homes in LEET over the trailing 12 months, the median cap rate at recorded sale price is 6.1% and the median monthly rent is $2,412. 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.

When was LEET 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 LEET

Area Class
A-
Median Income
$85,159
Renter %
26%
Education (Bachelor's+)
42%
Poverty Rate
4.5%

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Read the LEET 2026 Investment Guide

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

Read LEET 2026 Guide