Investing in Ridgemont

Pittsburgh, Allegheny County, PA

Data updated Sep 02, 2026

For Sale: 1 Sold (12 mo): 7

Active Listings NOW

1
currently asking median $210,000
$210,000 - $210,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Ridgemont, through . Live counts are tagged NOW.

Median Sold Price

$154,900
Trailing 12-month sold cohort - n=7

Median $/Sqft

$139
Trailing 12-month sold cohort - n=7

Median DOM

156 days
Trailing 12-month sold cohort - n=7

Cap Rate (at sold price)

7.07%
Median, trailing 12-month sold - n=6

ARV

$196,521
Median after-repair value, trailing 12-month sold - n=6

Median Rent

$1,511/mo
Median, trailing 12-month sold cohort - n=6
NOW Active listings today ACS U.S. Census ACS 2024

About Ridgemont

Ridgemont is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 1 active listings, currently asking a median of $210,000. Across 7 homes sold in Ridgemont over the trailing 12 months, the area has a median sold price of $154,900, a median 156 days on market, a median cap rate of 7.1% (at recorded sale price), an ARV of $196,521, a median rent of $1,511/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 1 homes currently for sale.

Census signals for Ridgemont include a DealScanner neighborhood class of A-, a median household income of $64,800, a renter share of 24.5%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 1 active listings in Ridgemont - as of

Cap Rate (at list price)
6.3%
Active listings, not negotiated MAO
ARV (active listings)
$189,084
Rent (active listings)
$1,614
Avg Rehab (Rental)
$4,200
Typical Condition
Mid Range rehab

Market Velocity

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

1.7
Months Supply
58.3%
Absorption Rate
156
Median Days on Market
Seller's Market - Properties are selling fast. Low inventory means competition for buyers.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $187,000
Median Sold Price: $154,900
Median Price Change: -17.2%

Price Per Square Foot (last 12 months)

Asking $/sqft: $150
Sold $/sqft: $139
$/sqft Trend: -7.5%
Properties in Ridgemont sell for 90.3% of list price on average.
29% of properties sold at asking price, 71% sold after a price reduction (avg -13.5%).

Rental Market 9 rented

Rental activity in Ridgemont over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,549/mo
Based on 9 rented properties in the last 12 months.
Avg. asking → closed change: -0.4%

Rental Velocity

Avg. Days to Rent: 22 days
Median Days to Rent: 19 days
Based on 8 properties with listing date data
88% of properties rented at asking price, 12% rented after a reduction (avg -3.1%).

Frequently Asked Questions

How many homes are for sale in Ridgemont right now?

DealScanner is tracking 1 active listings in Ridgemont as of Sep 02, 2026, currently asking a median of $210,000. Of those, 1 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 7 closed sales in Ridgemont is $154,900. 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 Ridgemont (last 12 months)?

Across 7 sold homes in Ridgemont over the trailing 12 months, the median cap rate at recorded sale price is 7.1% and the median monthly rent is $1,511. 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 Ridgemont 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 Ridgemont

Neighborhood Class
A-
Median Income
$64,800
Vacancy Rate
5.0%
Renter %
25%
Education (Bachelor's+)
33%
Poverty Rate
5.5%

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Read the Ridgemont 2026 Investment Guide

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

Read Ridgemont 2026 Guide