Investing in Troy Hill

Pittsburgh, Allegheny County, PA

Data updated Sep 02, 2026

For Sale: 9 Under Contract: 5 Sold (12 mo): 21

Active Listings NOW

14
currently asking median $197,450
$19,500 - $419,900
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Troy Hill, through . Live counts are tagged NOW.

Median Sold Price

$289,000
Trailing 12-month sold cohort - n=21

Median $/Sqft

$183
Trailing 12-month sold cohort - n=21

Median DOM

81 days
Trailing 12-month sold cohort - n=21

Cap Rate (at sold price)

7.22%
Median, trailing 12-month sold - n=12

ARV

$267,344
Median after-repair value, trailing 12-month sold - n=12

Median Rent

$1,930/mo
Median, trailing 12-month sold cohort - n=12
NOW Active listings today ACS U.S. Census ACS 2024

About Troy Hill

Troy Hill is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 14 active listings, currently asking a median of $197,450, a median projected flip ROI of -10.9% on current listings (at list price). Across 21 homes sold in Troy Hill over the trailing 12 months, the area has a median sold price of $289,000, a median 81 days on market, a median cap rate of 7.2% (at recorded sale price), an ARV of $267,344, a median rent of $1,930/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 14 homes currently for sale.

Census signals for Troy Hill include a DealScanner neighborhood class of B+, a median household income of $73,050, a renter share of 53.6%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 14 active listings in Troy Hill - as of

Flip ROI (at list price)
-17.5%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.8%
Active listings, not negotiated MAO
ARV (active listings)
$251,346
Rent (active listings)
$1,743
Avg Rehab (Flip)
$38,490
Avg Rehab (Rental)
$19,926
Typical Condition
Mid Range rehab

Market Velocity

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

3.7
Months Supply
26.9%
Absorption Rate
80
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $289,900
Median Sold Price: $289,000
Median Price Change: -0.3%

Price Per Square Foot (last 12 months)

Asking $/sqft: $183
Sold $/sqft: $183
$/sqft Trend: 0.0%
Properties in Troy Hill sell for 95.0% of list price on average.
43% of properties sold at asking price, 52% sold after a price reduction (avg -10.1%), and 5% sold above initial asking.

Rental Market 42 rented

Rental activity in Troy Hill over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,722/mo
Based on 42 rented properties in the last 12 months.
Avg. asking → closed change: -2.7%

Rental Velocity

Avg. Days to Rent: 37 days
Median Days to Rent: 27 days
Based on 39 properties with listing date data
62% of properties rented at asking price, 33% rented after a reduction (avg -8.8%), and 5% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in Troy Hill right now?

DealScanner is tracking 14 active listings in Troy Hill as of Sep 02, 2026, currently asking a median of $197,450. Of those, 9 are actively for sale (not under contract or pending).

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

The trailing 12-month median sold price across 21 closed sales in Troy Hill is $289,000. 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 Troy Hill (last 12 months)?

Across 21 sold homes in Troy Hill over the trailing 12 months, the median cap rate at recorded sale price is 7.2% and the median monthly rent is $1,930. 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 Troy Hill 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 Troy Hill

Neighborhood Class
B+
Median Income
$73,050
Vacancy Rate
17.1%
Renter %
54%
Education (Bachelor's+)
37%
Poverty Rate
11.2%

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Read the Troy Hill 2026 Investment Guide

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

Read Troy Hill 2026 Guide