Market Snapshot
- Median listing price
- $255K
- Median rent
- $1,400/mo
- Days on market
- 59 days
- Gross rental yield
- 6.59%
The median listing price in Pittsburgh, PA ZIP 15236 is $255,000 as of August 2026.
The median market rent in Pittsburgh, PA ZIP 15236 is $1,400/month as of August 2026.
The median days on market in Pittsburgh, PA ZIP 15236 is 59 days as of August 2026. The market is currently neutral.
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
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.
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
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.
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
- 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
- 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
- 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.
- 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
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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