Pittsburgh, PA

Buyer's market-2.4% YoY

Housing market overview · Updated weekly

$235,000median sale price

Homes sold

159

Last 12 weeks

Days on market

98

Average pace

Active listings

1,090

6.9 months supply

Sale-to-list

94.9%

Below asking

The Pittsburgh housing market is currently classified as a buyer's market with a median sale price of $235,000. Prices have fallen 2.4% compared to last year, with homes spending an average of 98 days on market, indicating 6.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Pittsburgh?

The median home sale price in Pittsburgh is $235,000, down 2.4% from last year.

How long do homes stay on market in Pittsburgh?

Homes typically spend 98 days on market before going under contract.

Is Pittsburgh a buyer's or seller's market?

With 6.9 months of supply, Pittsburgh is currently a buyer's market.

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