Pittsburgh Real Estate Market

As of June 2026, the median home listed in Pittsburgh, PA asks $259,900 — up 1.9% from a year ago. Homes are taking a median of 47 days to go under contract, and 19% of the 5,451 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Pittsburgh scores 70/100 on our composite Investor Score (#104 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 42% over five years and +80% over ten, leaving prices 38% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,281/mo for a two-bedroom, the gross rental yield on the median listing is about 5.9%; active inventory sits at 75% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 1.9% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Regional housing prices are growing, driving demand for related services, and affordability remains a key characteristic of the Pittsburgh market. — AI-generated summary of the headlines above; read the linked coverage before relying on it.