Mount Washington, PA 15211 Real Estate Market Report

ZIP Code: 15211
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Mount Washington PA 15211 average 6.32%, which is 0.44% lower than the 6.76% average observed in this market one year ago.

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

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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.

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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.

Mount Washington, PA 15211 Real Estate Market Report

ZIP Code: 15211
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Mount Washington PA 15211 average 6.32%, which is 0.44% lower than the 6.76% average observed in this market one year ago.

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

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Key Findings

1. The primary market value signal is the median sold price of 535,000, which anchors pricing expectations for recent closed transactions and suggests sellers should align offers to recent sale levels rather than aspirational asking prices (downward pressure).

2. Liquidity is constrained by longer selling timelines: the median days on market is 334, indicating slower sales velocity and pricing friction that may require sellers to be more flexible on terms or buyers to allow longer inspection/closing windows.

3. Unit-level metrics show a median price per square foot of 283 and a median market rent of 1,350, which together suggest pricing is more aligned with local rent levels; investors and owner-occupiers should interpret these as a representative recent sale rate and compare against property condition when negotiating (moderate comparative context).

4. Macro and sentiment signals are soft: the price year-over-year trend is down and the market temperature is cold, with interest rate pressure described as elevated; note that Current 30-year fixed mortgage rates in Mount Washington PA 15211 average 6.32%, which is 0.44% lower than the 6.76% average observed in this market one year ago, a dynamic buyers may use tactically during negotiations (elevated interest rate pressure).

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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.