Secondary metropolitan market · Pennsylvania · June 2026 data

Pittsburgh Real Estate Market

As of June 2026, the median home listed in Pittsburgh, PA asks $259,900 — up 1.9% year over year. Homes sell in a median of 47 days, with 5,451 active listings and 19% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$259,900
▲ 1.9% YoY
Median $ / sq ft
$174
1,598 sq ft median
Median days on market
47
June 2026
Active listings
5,451
For sale now
New listings
3,098
June 2026
Listings with price cuts
19%
Share of active
Median sale price (closed)
$263,708
▲ 7.8% YoY · closed sales
Sale-to-list ratio
97.0%
Closed sales
Homes sold / month
1,874
Closed sales

Pittsburgh housing market statistics

The table summarizes Pittsburgh's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Pittsburgh, PA housing market at a glance — June 2026
MetricLatestDetail
Median listing price$259,900+1.9% YoY
Median price per sq ft$1741,598 sq ft median
Median days on market47-2% YoY
Active listings5,451+11% YoY
New listings this month3,098June 2026
Listings with a price cut19%Share of active
Median sale price (closed)$263,708+7.8% YoY
Sale-to-list ratio97.0%Closed sales
Gross rental yield5.9%2BR fair market rent

How have home prices changed in Pittsburgh?

Pittsburgh home prices are up 1.9% year over year and +4.0% month over month as of June 2026, at a $259,900 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$260K$252K$245K$237K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Pittsburgh PA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$260K$237K$215K$192K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Pittsburgh PA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Pittsburgh?

Pittsburgh has 5,451 active listings, 3,098 new this month, 4,007 pending as of June 2026. About 19% of active listings have cut their price, and inventory sits at 75% of its 2019 level — a balanced market by pace.

Active listings
5,451
New this month
3,098
Pending
4,007
Price-reduced
1,023

Is Pittsburgh a good real estate investment?

Pittsburgh scores 70/100 on WealthyBud's composite Investor Score, ranking #104 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
70/100
#104 of 932 covered metros
12-month outlook
+2.4%
▲ Rising · model output, not advice
Price volatility
Low
σ 3.1% · 20-yr price-index swings
Momentum
55
Value
82
Rental yield
94
Supply risk
40
Market heat
62

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).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Pittsburgh ranks on the trending markets index.

How much is a monthly mortgage payment in Pittsburgh?

A home at Pittsburgh's $259,900 median listing runs about $1,305 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,171/mo
−$133/mo vs today
At today's rate · 6.43%
$1,305/mo
National weekly average
If rates rise 1% · 7.43%
$1,444/mo
+$139/mo vs today

Principal & interest on the $259,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Pittsburgh housing market?

Longer-run demand in Pittsburgh shows up in 5,946 homes permitted in 2025; net migration of -4,275 residents; -0.5% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
5,946
▲ 8.7% vs 2024
2.4 per 1,000 residents
Net migration (2022–2023)
-4,275
▼ people, via tax-return records
net income flow −$645.5M/yr
Job growth (YoY)
-0.5%
▼ 1,207.5k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Pittsburgh real estate news?

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.

Headlines collected 2026-07-05; each links to the original publisher.

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Pittsburgh housing market FAQ

What is the median home price in Pittsburgh?
As of June 2026, the median listing price in Pittsburgh, PA is $259,900, up 1.9% year over year (source: public records and industry data).
How much does it cost to buy a home in Pittsburgh?
The median home listed in Pittsburgh asks $259,900 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,305 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Pittsburgh?
The median property in Pittsburgh spends 47 days on the market, with 5,451 homes actively listed and 19% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Pittsburgh?
With a median 47 days on market and 19% of active listings carrying a price cut, Pittsburgh reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Pittsburgh a good place to invest in real estate?
Pittsburgh scores 70/100 on WealthyBud's Investor Score, ranking #104 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Pittsburgh?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Pittsburgh and the wider Pennsylvania market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.