Is Elizabeth, PA 15037 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Elizabeth is a seller’s market. With about 3.7 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score63/ 100

More competitive than 66% of U.S. ZIP codes, and #352 of 601 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.7Under 4 months = seller’s market
Sold above original list41.6%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$172▲ +20.3% vs. last year

The Elizabeth housing market right now

In the three months ending August 31, 2026, 42% of homes in Elizabeth, PA 15037 sold above their list price, the typical home went under contract in 50 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (47 days then) and the median sale price rose 47% to $264,885. Overall, Elizabeth is more competitive than a year ago, so tougher for buyers.

Within Allegheny County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Elizabeth ranks #352 of 601 PA ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Pittsburgh 15225 (0% sold over asking) or Pittsburgh 15222 (0% sold over asking), while Russellton 15076 (100% sold over asking) and Pittsburgh 15229 (59% sold over asking) are even more competitive.

Nearby markets

Allison Park 15101Seller’s market $227 /sq ftBakerstown 15007 — /sq ftBethel Park 15102Seller’s market $207 /sq ftBrackenridge 15014Balanced $114 /sq ft Browse all markets →

Where Elizabeth is

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Questions about Elizabeth real estate

Is Elizabeth a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Elizabeth, PA 15037 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Elizabeth?

The typical home went under contract in 50 days in the latest three months.

Do homes in Elizabeth sell over asking?

42% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Elizabeth?

About 1.52% of a home’s value a year in Allegheny County, or roughly $6,080 on a $400,000 home.

What is the median home price in Elizabeth?

The median sale price was $264,885 in the three months ending August 31, 2026, about $172 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology