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 $261,000, a median projected flip ROI of -24.1% on current listings (at list price). Across 5 homes sold in New Homestead over the trailing 12 months, the area has a median sold price of $249,900, a median 80 days on market, a median cap rate of 4.8% (at recorded sale price), an ARV of $248,733, a median rent of $1,507/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 3 homes currently for sale.
Census signals for New Homestead include a DealScanner neighborhood class of B-, a median household income of $65,536, a renter share of 11.0%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.
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Computed from 3 active listings in New Homestead - as of
Market Velocity
How quickly properties are selling in New Homestead. Days-on-market window: trailing 12 months.
Price Trends Declining
Sale Prices (last 12 months)
Price Per Square Foot (last 12 months)
Rental Market 2 rented
Rental activity in New Homestead over the last 12 months.
Median Rent (last 12 months)
Rental Velocity
Active Listings NOW 3
As of
Recent Sales 5
Closed in the trailing 12 months, through
Sale prices ranged from $100,000 to $440,000
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 Sep 02, 2026, currently asking a median of $261,000. Of those, 1 are actively for sale (not under contract or pending).
What is the median sold price in New Homestead over the last 12 months?
The trailing 12-month median sold price across 5 closed sales in New Homestead is $249,900. 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 New Homestead (last 12 months)?
Across 5 sold homes in New Homestead over the trailing 12 months, the median cap rate at recorded sale price is 4.8% and the median monthly rent is $1,507. 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 New 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.
Neighborhood Demographics ACS
U.S. Census American Community Survey 2024 - tract aggregates for New Homestead
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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.
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