Mount Washington, PA 15211 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market signal is the recent transaction level reflected by $245,000 as the median sold price — this represents the most reliable indicator of realized value in Mount Washington and suggests sellers should anchor pricing expectations to this representative recent sale rather than asking prices; the market context is cold, which may increase negotiation leverage for buyers.
2. There is a visible gap between $279,450 as the median listing price and $245,000 as the median sold price, indicating sellers’ asking expectations exceed recent transaction levels; this pricing spread, combined with a down price year-over-year trend, suggests pricing friction and opportunities for buyers to secure concessions.
3. Liquidity is slow: the median days on market of 296 points to extended marketing times and slower sales velocity, which — together with elevated inventory relative to sales activity — may require sellers to adjust time-to-contract assumptions and consider staged pricing or targeted concessions to improve turn rates.
4. Valuation and carry signals: the median price per square foot of 181 and median market rent of 1,495 indicate current income and unit-value baselines for investor screening; financing conditions show 6.32% average 30-year fixed rates in the ZIP, which the data notes is 0.44% lower than the 6.76% average observed here one year ago — however interest rate pressure remains described as elevated, which could continue to weigh on buyer affordability and transaction pacing.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.