Pittsburgh, Pennsylvania Housing Market Prices
Pittsburgh Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 5% below the Pennsylvania median$145,175
-
Median rent 4% above the Pennsylvania median$1,261
Housing Market Overview
| Metric | Pittsburgh | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $145,175 | $152,469 | $248,835 |
| Price Trend (Annual %) | 6.4% | 3.7% | 7.5% |
| Median Gross Rent | $1,261 | $1,208 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 4.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Pittsburgh is about 5% lower than in Pennsylvania. Rent is about 4% higher than the Pennsylvania average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Pittsburgh, up about 6.4% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Pittsburgh rose about 55.6% between 2015 and 2024, from $810 to $1,261. Over the same span, rent in Pennsylvania rose about 43.9%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Pittsburgh.
Buying the median-priced home in Pittsburgh costs roughly 9.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Pittsburgh. The price-to-rent ratio in Pennsylvania is about 10.5.
| Metric | Pittsburgh | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Home Price | $145,175 | $152,469 | $248,835 |
| Median Household Income | $65,778 | $78,249 | $80,455 |
| Price-to-Income Ratio | 2.2 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Pittsburgh rose about 87.1%, while median household income rose about 76.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Pittsburgh | Pennsylvania Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 40.7% | 63.0% | 58.5% |
| Rental Rate | 44.6% | 27.9% | 31.2% |
| Vacancy Rate | 14.7% | 9.1% | 10.2% |
| Median Tenure (years) | 13.0 | 17.0 | 15.0 |
| Median Year Moved In | 2013 | 2009 | 2011 |
Pittsburgh has a homeownership rate of 40.7%, lower than the Pennsylvania average of 63.0%. Its housing vacancy rate is 14.7%, compared with 9.1% in Pennsylvania.
Housing Stock
| Metric | Pittsburgh | Pennsylvania Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.01 people | 2.39 people | 2.53 people |
| Median Structure Built Year | 1950 | 1966 | 1978 |
| Median Number of Rooms | 5.2 | 6.0 | 5.5 |
The typical housing unit in Pittsburgh was built around 1950. On average, 2.0 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Pittsburgh, PA Housing Compared With Nearby Cities
How Pittsburgh, PA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Pittsburgh, PA | 300,895 | $145,175 #2/2 | $1,261 #1/2 | 47.7% #2/2 |
| Baldwin, PA | 21,040 | $163,496 | $1,065 | 77.9% |
Frequently Asked Questions
Common questions about the housing market in Pittsburgh, Pennsylvania.
What is the median home price in Pittsburgh, Pennsylvania?
The median home price in Pittsburgh, Pennsylvania is $145,175, lower than the Pennsylvania average of $152,469.
What is the average home price in Pittsburgh, Pennsylvania?
The typical home price in Pittsburgh, Pennsylvania, reported as the median sale price, is $145,175. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Pittsburgh, Pennsylvania?
The median gross rent in Pittsburgh, Pennsylvania is $1,261 per month, higher than the Pennsylvania average of $1,208.
What was the median gross rent in Pittsburgh in 2020?
In 2020, the median gross rent in Pittsburgh, Pennsylvania was $983 per month.
What is the price-to-rent ratio in Pittsburgh, Pennsylvania?
The price-to-rent ratio in Pittsburgh, Pennsylvania is about 9.6, meaning it would take roughly 9.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Pittsburgh.
Are home prices or rent rising faster in Pittsburgh, Pennsylvania?
Both home prices and rent are rising in Pittsburgh, up about 6.4% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Pittsburgh, Pennsylvania?
40.7% of households in Pittsburgh, Pennsylvania own their home, lower than the Pennsylvania average of 63.0%.
What is the vacancy rate in Pittsburgh, Pennsylvania?
The housing vacancy rate in Pittsburgh, Pennsylvania is 14.7%, higher than the Pennsylvania average of 9.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →