Foreclosure Homes in Pittsburgh, PA 15233

Buyer vs Seller Market in Pittsburgh, PA

The Pittsburgh real estate market has shown resilience in the face of national trends, with steady growth in home prices. Over the past year, demand for single-family homes has increased, particularly in suburban areas where families seek more space. New developments are on the rise, indicating confidence in the market's future.

City statistics reveal a balanced market, with a good number of homes available for sale while still attracting buyers quickly, especially in sought-after neighborhoods. The rental market remains strong due to the influx of college students and professionals relocating to the area.

Rent Prices In Pittsburgh, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pittsburgh, PA, is on a rollercoaster ride. The average rent price in Pittsburgh, PA, is $1,456.00. Indeed, when looking to rent in Pittsburgh, PA, you can expect to pay as little as $530.00 or as much as $3,620.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Pittsburgh, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.