Investing in New Homestead

Pittsburgh, Allegheny County, PA

Data updated Jul 19, 2026

For Sale: 2 Under Contract: 1 Sold (12 mo): 4

Active Listings NOW

3
currently asking median $264,499
$249,900 - $299,900

Insufficient recent sales

No reliable area-level statistics
Fewer than 5 sales recorded in New Homestead over the last 12 months. See the Pittsburgh and Allegheny County baselines for comparable medians.
NOW Active listings today ACS U.S. Census ACS 2024

About New Homestead

New Homestead is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 3 active listings, currently asking a median of $264,499, a median projected flip ROI of -16.8% on current listings (at list price). The trailing-12-month sold cohort in New Homestead is too small (4 sales) to publish reliable area medians; see the Pittsburgh and Allegheny County baselines below.

Census signals for New Homestead include a DealScanner neighborhood class of B-B-, a median household income of $55,851, a renter share of 12.2%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 3 active listings in New Homestead - as of

Flip ROI (at list price)
-16.8%
Active listings, not negotiated MAO
Cap Rate (at list price)
4.4%
Active listings, not negotiated MAO
ARV (active listings)
$307,798
Rent (active listings)
$1,497
Avg Rehab (Flip)
$45,011
Avg Rehab (Rental)
$21,087
Typical Condition
Basic rehab

Market Velocity

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

3.0
Months Supply
33.3%
Absorption Rate
89
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $289,950
Median Sold Price: $242,450
Median Price Change: -16.4%

Price Per Square Foot (last 12 months)

Asking $/sqft: $152
Sold $/sqft: $146
$/sqft Trend: -4.0%
Properties in New Homestead sell for 92.0% of list price on average.
50% of properties sold at asking price, 50% sold after a price reduction (avg -16.1%).

Rental Market 1 rented

Rental activity in New Homestead over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,200/mo
Based on 1 rented property in the last 12 months.

Rental Velocity

Avg. Days to Rent: 14 days
Median Days to Rent: 14 days
Based on 1 properties with listing date data

Active Listings NOW 3

As of

125 Homeridge Ln, Homestead, PA 15120
3 bed 3 bath 1,862 sqft • Well maintained
ARV: $274,696 • Rent: $1,490/mo
$299,900
B
4662 Mapledale Dr, Homestead, PA 15120
3 bed 2 bath 1,467 sqft • Basic rehab
ARV: $317,328 • Rent: $1,507/mo
$249,900
B-
792 Beechland St, Homestead, PA 15120
3 bed 3 bath 1,600 sqft • Mid Range rehab
ARV: $331,370 • Rent: $1,495/mo
$264,499
B-

Recent Sales 4

Closed in the trailing 12 months, through

$242,450
Median Sale
106
Median DOM (sold)
92.0%
Sale-to-List
$146
Median $/sqft

Sale prices ranged from $100,000 to $440,000

4535 Marina Dr, Homestead, PA 15120
4 bed 3 bath 3,246 sqft • 45 DOM
$440,000
Sold
4576 Gates Dr, Homestead, PA 15120
3 bed 2 bath 1,326 sqft • 202 DOM
$225,000
Sold
792 Beechland St, Homestead, PA 15120
3 bed 3 bath 1,264 sqft • 98 DOM
$100,000
Sold
4446 Whitebush St, Homestead, PA 15120
4 bed 3 bath 1,664 sqft • 80 DOM
$259,900
Sold

Frequently Asked Questions

How many homes are for sale in New Homestead right now?

DealScanner is tracking 3 active listings in New Homestead as of Jul 19, 2026, currently asking a median of $264,499. Of those, 2 are actively for sale (not under contract or pending).

When was New Homestead 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.

Neighborhood Demographics ACS

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

Neighborhood Class
B - B-
Median Income
$55,851
Vacancy Rate
4.0%
Renter %
12%
Education (Bachelor's+)
31%
Poverty Rate
26.8%

Ready to Invest in New Homestead?

Get full access to all 3 properties with detailed analysis, ARV reports, and investment calculators.

Start Free

Read the New Homestead 2026 Investment Guide

In-depth analysis of New 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 New Homestead 2026 Guide

Explore More

Allegheny Center Allegheny West Allentown Arlington Arlington Heights Banksville Bedford Dwellings Beechview
View all neighborhoods