Pittsburgh, PA 15235 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

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. median sold price: 179,900 — This figure represents the most reliable indicator of recent transactional value in 15235; given the market temperature is neutral, the median sold price suggests a broadly balanced pricing environment rather than a rapidly appreciating or collapsing market.
2. median days on market: 250 — The extended median days on market points to slower sales velocity and notable pricing friction; this slower turnover may indicate that buyers are selective and that sellers should expect longer marketing periods before achieving a representative recent sale.
3. median listing price: 181,200 — The proximity of the median listing price to the median sold price implies limited gap between seller expectations and achieved prices, which may mean modest negotiation windows for sellers and steady price achievement in completed transactions.
4. median market rent: 1,395 and interest-rate context (current 30-year averages ~6.36% with elevated interest rate pressure) — Rental demand appears supportive (rent year-over-year trend: up), making buy-to-rent scenarios viable for investors who can withstand elevated financing costs; overall price year-over-year trend is up, reinforcing modest appreciation despite financing headwinds.

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.