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Market Snapshot

Median listing price
$255K

The median listing price in Pittsburgh, PA ZIP 15236 is $255,000 as of August 2026.

Median rent
$1,400/mo

The median market rent in Pittsburgh, PA ZIP 15236 is $1,400/month as of August 2026.

Days on market
59 days

The median days on market in Pittsburgh, PA ZIP 15236 is 59 days as of August 2026. The market is currently neutral.

Gross rental yield
6.59%

At a median list price of $255,000 and a median rent of $1,400/month, the gross rental yield in Pittsburgh, PA ZIP 15236 is 6.59% as of August 2026.

Pittsburgh, PA 15236 Real Estate Market Report

ZIP Code: 15236

Report Date: August 2026

Market Temperature:
NEUTRAL

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.


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.

Analysis Window
90 Days
Total Properties Analyzed
110
Active Listings
77
Sold Properties
33

Market Metrics

Median Listing Price
$255,000
Median Sold Price
$280,000
Median Price per Sqft
$189/sqft

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

Median Market Rent
$1,400

Property Taxes

Property Tax Rate
1.79%

Liquidity & Velocity

Median Days on Market
59
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 15236 area are averaging approximately 6.66%, reflecting a market where rates have risen from 6.25% earlier in 2026.

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


Key Findings

  1. The primary indicator of market value is the median sold price of $280,000, which represents the most reliable snapshot of recent transaction activity and should guide pricing and valuation decisions in 15236. representative recent sale
  2. There is a notable divergence between asking and transaction levels: the median listing price is $255,000 versus the median sold price of $280,000, which may indicate pricing friction where correctly priced homes capture stronger buyer interest while underpriced listings do not fully explain higher completed sale prices. flat to balanced pricing dynamics
  3. Market velocity points to slower transaction cadence: the median days on market is 59, suggesting longer exposure before sale and elevated interest rate pressure (rates averaging approximately 6.66%) that may be dampening urgency among buyers.
  4. Supply and income context: the median price per square foot is $189 and the median market rent is $1,400 while rent is trending up, signaling rental demand strength; however, elevated inventory relative to sales activity appears to coexist with a neutral market temperature, so expect balanced negotiation leverage for reasonably priced SFR and condo listings. rent up

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.

Recent Transactions

4636 Brownsville Rd, Pittsburgh, PA 15236
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds2 baths4,112 sqft
$670,000
May 1, 2026
$163/sqft
125 days on market
5309 Caste Dr, Pittsburgh, PA 15236
Premium

Sold above market average

3 beds2 baths2,292 sqft
$499,000
May 1, 2026
$218/sqft
70 days on market
1017 Augusta Way, Pittsburgh, PA 15236
Market Benchmark

Sold at market average

4 beds2 baths2,293 sqft
$475,000
Jun 1, 2026
$207/sqft
431 Torwood Ln, Pittsburgh, PA 15236
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,010 sqft
$275,000
May 1, 2026
$272/sqft
44 days on market
334 Jean Dr, Pittsburgh, PA 15236
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,750 sqft
$275,000
May 1, 2026
$157/sqft
36 days on market
86 Springmeadow Ct, Pittsburgh, PA 15236
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,428 sqft
$268,500
May 1, 2026
$188/sqft
338 Caryl Dr, Pittsburgh, PA 15236
Value

Sold below market average

3 beds1 baths1,518 sqft
$93,000
May 1, 2026
$61/sqft
230 Streets Run Rd, Pittsburgh, PA 15236
Value

Sold below market average

2 beds1 baths1,019 sqft
$85,000
Jun 1, 2026
$83/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$540/mo
15236 Avg Rent
15236 Cost to Own
Rent$1,400
Own$1,940

20% down, 6.66% rate, 1.8% tax

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 8/1/2026

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