Investing in Perry South

Pittsburgh, Allegheny County, PA

Data updated Sep 02, 2026

For Sale: 17 Foreclosure: 1 Under Contract: 5 Sold (12 mo): 23

Active Listings NOW

24
currently asking median $149,900
$25,000 - $475,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Perry South, through . Live counts are tagged NOW.

Median Sold Price

$130,000
Trailing 12-month sold cohort - n=23

Median $/Sqft

$90
Trailing 12-month sold cohort - n=23

Median DOM

54 days
Trailing 12-month sold cohort - n=23

Cap Rate (at sold price)

8.50%
Median, trailing 12-month sold - n=21

ARV

$183,964
Median after-repair value, trailing 12-month sold - n=21

Median Rent

$1,562/mo
Median, trailing 12-month sold cohort - n=22
NOW Active listings today ACS U.S. Census ACS 2024

About Perry South

Perry South is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 24 active listings, currently asking a median of $149,900, a median projected flip ROI of -10.4% on current listings (at list price). Across 23 homes sold in Perry South over the trailing 12 months, the area has a median sold price of $130,000, a median 54 days on market, a median cap rate of 8.5% (at recorded sale price), an ARV of $183,964, a median rent of $1,562/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 24 homes currently for sale.

Census signals for Perry South include a DealScanner neighborhood class of B--C, a median household income of $41,311, a renter share of 39.7%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 24 active listings in Perry South - as of

Flip ROI (at list price)
-5.3%
Active listings, not negotiated MAO
Cap Rate (at list price)
7.3%
Active listings, not negotiated MAO
ARV (active listings)
$209,153
Rent (active listings)
$1,700
Avg Rehab (Flip)
$95,213
Avg Rehab (Rental)
$54,671
Typical Condition
Mid Range rehab

Market Velocity

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

5.7
Months Supply
17.6%
Absorption Rate
54
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $140,000
Median Sold Price: $130,000
Median Price Change: -7.1%

Price Per Square Foot (last 12 months)

Asking $/sqft: $98
Sold $/sqft: $90
$/sqft Trend: -8.2%
Properties in Perry South sell for 93.9% of list price on average.
61% of properties sold at asking price, 39% sold after a price reduction (avg -15.7%).

Rental Market 34 rented

Rental activity in Perry South over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,725/mo
Based on 34 rented properties in the last 12 months.
Avg. asking → closed change: -1.8%

Rental Velocity

Avg. Days to Rent: 35 days
Median Days to Rent: 17 days
Based on 28 properties with listing date data
79% of properties rented at asking price, 21% rented after a reduction (avg -8.6%).

Frequently Asked Questions

How many homes are for sale in Perry South right now?

DealScanner is tracking 24 active listings in Perry South as of Sep 02, 2026, currently asking a median of $149,900. Of those, 17 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 23 closed sales in Perry South is $130,000. 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 Perry South (last 12 months)?

Across 23 sold homes in Perry South over the trailing 12 months, the median cap rate at recorded sale price is 8.5% and the median monthly rent is $1,562. 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 Perry South 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 Perry South

Neighborhood Class
B- - C
Median Income
$41,311
Vacancy Rate
13.6%
Renter %
40%
Education (Bachelor's+)
30%
Poverty Rate
24.9%

Ready to Invest in Perry South?

Get full access to all 24 properties with detailed analysis, ARV reports, and investment calculators.

Start Free

Read the Perry South 2026 Investment Guide

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

Read Perry South 2026 Guide