Investing in Sheraden

Pittsburgh, Allegheny County, PA

Data updated Jul 19, 2026

For Sale: 22 Under Contract: 10 Upcoming Sheriff Sales: 1 Sold (12 mo): 34

Active Listings NOW

32
currently asking median $129,500
$7,500 - $209,000

Upcoming Sheriff Sales NOW

1
median starting bid $3,070
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Sheraden, through . Live counts are tagged NOW.

Median Sold Price

$132,000
Trailing 12-month sold cohort - n=34

Median $/Sqft

$93
Trailing 12-month sold cohort - n=34

Median DOM

85 days
Trailing 12-month sold cohort - n=34

Cap Rate (at sold price)

9.32%
Median, trailing 12-month sold - n=27

ARV

$182,615
Median after-repair value, trailing 12-month sold - n=25

Median Rent

$1,630/mo
Median, trailing 12-month sold cohort - n=27
NOW Active listings today ACS U.S. Census ACS 2024

About Sheraden

Sheraden is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 32 active listings, currently asking a median of $129,500, 1 upcoming sheriff sales, a median projected flip ROI of -13.6% on current listings (at list price). Across 34 homes sold in Sheraden over the trailing 12 months, the area has a median sold price of $132,000, a median 85 days on market, a median cap rate of 9.3% (at recorded sale price), an ARV of $182,615, a median rent of $1,630/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 32 homes currently for sale.

Census signals for Sheraden include a DealScanner neighborhood class of C-C-, a median household income of $51,171, a renter share of 41.5%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 32 active listings in Sheraden - as of

Flip ROI (at list price)
-14.6%
Active listings, not negotiated MAO
Cap Rate (at list price)
9.2%
Active listings, not negotiated MAO
ARV (active listings)
$174,878
Rent (active listings)
$1,721
Avg Rehab (Flip)
$83,471
Avg Rehab (Rental)
$50,513
Typical Condition
Well maintained

Market Velocity

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

6.3
Months Supply
15.9%
Absorption Rate
77
Median Days on Market
Buyer's Market - More inventory available. Buyers have negotiating power.

Price Trends Declining

Sale Prices (last 12 months)

Median Asking Price: $181,950
Median Sold Price: $132,000
Median Price Change: -27.5%

Price Per Square Foot (last 12 months)

Asking $/sqft: $103
Sold $/sqft: $93
$/sqft Trend: -10.0%
Properties in Sheraden sell for 93.1% of list price on average.
59% of properties sold at asking price, 41% sold after a price reduction (avg -12.3%).

Rental Market 54 rented

Rental activity in Sheraden over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,612/mo
Based on 54 rented properties in the last 12 months.
Avg. asking → closed change: -0.8%

Rental Velocity

Avg. Days to Rent: 28 days
Median Days to Rent: 23 days
Based on 41 properties with listing date data
88% of properties rented at asking price, 12% rented after a reduction (avg -6.2%).

Upcoming Sheriff Sales NOW 1

Scheduled, as of

Median starting bid: $3,070 • Starting bid range: $3,070 - $3,070

3124 Universal Street, Pittsburgh, PA 15204
• Real Estate Sale - Mortgage Foreclosure
$3,070
Sheriff Sale

Frequently Asked Questions

How many homes are for sale in Sheraden right now?

DealScanner is tracking 32 active listings in Sheraden as of Jul 19, 2026, currently asking a median of $129,500. Of those, 22 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 34 closed sales in Sheraden is $132,000. 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 Sheraden (last 12 months)?

Across 34 sold homes in Sheraden over the trailing 12 months, the median cap rate at recorded sale price is 9.3% and the median monthly rent is $1,630. 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.

How many upcoming sheriff sales are scheduled in Sheraden?

There are 1 upcoming sheriff sales tracked in Sheraden, with a median starting bid of $3,070.

When was Sheraden 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 Sheraden

Neighborhood Class
C - C-
Median Income
$51,171
Vacancy Rate
11.5%
Renter %
41%
Education (Bachelor's+)
28%
Poverty Rate
18.9%

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Read the Sheraden 2026 Investment Guide

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

Read Sheraden 2026 Guide