About Oakwood
Oakwood is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. Across 8 homes sold in Oakwood over the trailing 12 months, the area has a median sold price of $216,000, a median 61 days on market, a median cap rate of 5.0% (at recorded sale price), an ARV of $269,438, a median rent of $1,295/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the few homes currently for sale.
Census signals for Oakwood include a DealScanner neighborhood class of B, a median household income of $59,938, a renter share of 45.7%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.
Market Velocity
How quickly properties are selling in Oakwood. Days-on-market window: trailing 12 months.
Price Trends Stable
Sale Prices (last 12 months)
Price Per Square Foot (last 12 months)
Rental Market 4 rented
Rental activity in Oakwood over the last 12 months.
Median Rent (last 12 months)
Rental Velocity
Recent Sales 8
Closed in the trailing 12 months, through
Sale prices ranged from $70,000 to $299,000
Frequently Asked Questions
What is the median sold price in Oakwood over the last 12 months?
The trailing 12-month median sold price across 8 closed sales in Oakwood is $216,000. 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 Oakwood (last 12 months)?
Across 8 sold homes in Oakwood over the trailing 12 months, the median cap rate at recorded sale price is 5.0% and the median monthly rent is $1,295. 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 Oakwood data last updated?
Live market data on this page was last refreshed on Oct 17, 2026. DealScanner refreshes from MLS, county records, and public sources daily.
Neighborhood Demographics ACS
U.S. Census American Community Survey 2024 - tract aggregates for Oakwood
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In-depth analysis of Oakwood 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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