Investing in Squirrel Hill South

Pittsburgh, Allegheny County, PA

Data updated Jun 16, 2026

For Sale: 8 Under Contract: 14 Sold (12 mo): 67

Active Listings NOW

22
currently asking median $409,000
$174,500 - $500,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Squirrel Hill South, through . Live counts are tagged NOW.

Median Sold Price

$465,000
Trailing 12-month sold cohort - n=67

Median $/Sqft

$263
Trailing 12-month sold cohort - n=67

Median DOM

60 days
Trailing 12-month sold cohort - n=67

Cap Rate (at sold price)

5.12%
Median, trailing 12-month sold - n=24

ARV

$462,802
Median after-repair value, trailing 12-month sold - n=21

Median Rent

$2,494/mo
Median, trailing 12-month sold cohort - n=24
NOW Active listings today ACS U.S. Census ACS 2024

About Squirrel Hill South

Squirrel Hill South is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 22 active listings, currently asking a median of $409,000, a median projected flip ROI of -7.9% on current listings (at list price). Across 67 homes sold in Squirrel Hill South over the trailing 12 months, the area has a median sold price of $465,000, a median 60 days on market, a median cap rate of 5.1% (at recorded sale price), an ARV of $462,802, a median rent of $2,494/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 22 homes currently for sale.

Census signals for Squirrel Hill South include a DealScanner neighborhood class of B-C, a median household income of $86,024, a renter share of 50.0%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 22 active listings in Squirrel Hill South - as of

Flip ROI (at list price)
1.4%
Active listings, not negotiated MAO
ARV (active listings)
$427,837
Rent (active listings)
$2,394
Avg Rehab (Flip)
$22,113
Avg Rehab (Rental)
$13,762
Typical Condition
Basic rehab

Market Velocity

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

1.3
Months Supply
79.2%
Absorption Rate
60
Median Days on Market
Seller's Market - Properties are selling fast. Low inventory means competition for buyers.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $499,900
Median Sold Price: $465,000
Avg. Price Change: -3.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $269
Sold $/sqft: $263
$/sqft Trend: -2.1%
Properties in Squirrel Hill South sell for 98.4% of list price on average.
66% of properties sold at asking price, 34% sold after a price reduction (avg -8.8%).

Rental Market 125 rented

Rental activity in Squirrel Hill South over the last 12 months.

Median Rent (last 12 months)

Median Rent: $2,500/mo
Based on 125 rented properties in the last 12 months.
Avg. asking → closed change: -1.4%

Rental Velocity

Avg. Days to Rent: 32 days
Median Days to Rent: 19 days
Based on 85 properties with listing date data
79% of properties rented at asking price, 19% rented after a reduction (avg -9.5%), and 2% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in Squirrel Hill South right now?

DealScanner is tracking 22 active listings in Squirrel Hill South as of Jun 16, 2026, currently asking a median of $409,000. Of those, 8 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 67 closed sales in Squirrel Hill South is $465,000. 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 Squirrel Hill South (last 12 months)?

Across 67 sold homes in Squirrel Hill South over the trailing 12 months, the median cap rate at recorded sale price is 5.1% and the median monthly rent is $2,494. 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 Squirrel Hill South data last updated?

Live market data on this page was last refreshed on Jun 16, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

U.S. Census American Community Survey 2024 - tract aggregates for Squirrel Hill South

Neighborhood Class
B - C
Median Income
$86,024
Vacancy Rate
8.0%
Renter %
50%
Education (Bachelor's+)
71%
Poverty Rate
14.2%

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Read the Squirrel Hill South 2026 Investment Guide

In-depth analysis of Squirrel Hill 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 Squirrel Hill South 2026 Guide