Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$228,201+0.2% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$49,469About 0.6× the local median income ($78,172): affordable for a typical household
Days on market57 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.2%Zillow expects prices to rise slightly
The typical home in Pittsburgh, PA is worth $228,201, about the same as a year ago. That is slightly below what local incomes have historically supported: fair value is about $230,931, so the area is 1.2% undervalued. It is a balanced market, leaning toward buyers: homes take about 57 days to sell, listings are up 16% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 1.2% over the next year. A household needs about $49,469 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,172. Typical rent is $1,467 a month, or $1,659 for a house. In the latest IRS figures, 4,275 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$228,201
Change in 1 year
+0.2%
Overvalued %
−1.2%
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Fair home value
$230,931
Change in 5 years
+12.2%
Zillow forecast, next 12 months
+1.2%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$1,237
Income needed to afford it
$49,469
Property tax rate
1.31%
Rent and investing
Typical rent
$1,467
Typical rent for houses
$1,659
Price-to-rent ratio
13.0×
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HUD Fair Market Rent, 2 bedrooms
$1,370
Gross rental yield
7.71%
Cap rate (estimate)
5.01%
Market activity
Listings vs a year ago
+15.9%
Days on market
57
Listings with a price cut
22.9%
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Homes for sale
6,765
Pending sales per 100 listings
45
Asking price per sq ft
$168
People and jobs
Median household income
$78,172
Population change (1 year)
−0.1%
Unemployment rate
5.0%
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Population
2,421,992
Income adjusted for cost of living
$82,547
Net moves in (IRS)
−4,275
Cost of living (US = 100)
94.7
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
89.5
Unhealthy air days a year
2
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Flood risk score
94.7
Wildfire risk score
51.8
Walkability (1 to 20)
9.7
Road, rail and air noise
53 dB
Questions people ask
Is Pittsburgh, PA overvalued?
Home prices in Pittsburgh, PA are slightly below what local incomes have historically supported: fair value is about $230,931, so the area is 1.2% undervalued.
Is Pittsburgh, PA a buyer's or seller's market?
Pittsburgh, PA is a balanced market, leaning toward buyers: homes take about 57 days to sell, listings are up 16% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Pittsburgh, PA?
Home values in Pittsburgh, PA are up 0.2% over the last year. Zillow's forecast for the next 12 months is +1.2%.
How much do you need to earn to buy a home in Pittsburgh, PA?
A household needs about $49,469 a year to afford the typical home in Pittsburgh, PA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,172.