Pittsburgh, PA metro area Housing Market
Cold MarketComprehensive housing market data for the Pittsburgh, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$229K
↑ 1.8% YoY
Days on Market
77 days
↑ 4.1% YoY
Active Inventory
6,016
↓ 1.0% YoY
Homes Sold
1,314
↑ 1.5% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Pittsburgh, PA metro area Market Summary
The Pittsburgh, PA metro area housing market is cooling down. As of January 2026, the median home sale price is $229K, up 1.8% year-over-year. Homes are spending a median of 77 days on the market, 4.1% longer than a year ago.
There are 6,016 homes for sale — 1.0% fewer than last year. With 4.6 months of supply, this is a balanced market. 1,526 new listings were added during this period, down 2.4% year-over-year.
Homes are selling for 96.1% of their list price on average, suggesting room for negotiation. 16.8% of homes sell above their asking price. 19.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. Pennsylvania Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 46% below the national median, which could indicate stronger cash flow potential.
Pittsburgh, PA metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$240K
Price per Sq Ft
$164
Sale-to-List Ratio
96.1%
Months of Supply
4.6
Sold Above List
16.8%
Price Drops
19.1%
New Listings
1,526
↓ 2.4% YoY
Pending Sales
1,730
Off Market in 2 Weeks
29.3%
Other Markets in Pennsylvania
Philadelphia, PA metro area
$287K · 61d on market
Montgomery County, PA metro area
$489K · 47d on market
Allentown, PA metro area
$350K · 28d on market
Harrisburg, PA metro area
$270K · 31d on market
York, PA metro area
$301K · 26d on market
Scranton, PA metro area
$230K · 34d on market
Lancaster, PA metro area
$322K · 16d on market
Reading, PA metro area
$296K · 23d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.