Is Pittsburgh, PA 15207 a buyer’s or seller’s market?
Pittsburgh is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 24% of U.S. ZIP codes, and #559 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
The Pittsburgh housing market right now
In the three months ending August 31, 2026, 23% of homes in Pittsburgh, PA 15207 sold above their list price, the typical home went under contract in 60 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 31 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold more slowly (48 days then) and the median sale price rose 3% to $180,944. Overall, Pittsburgh is less competitive than a year ago, which gives buyers more room.
Within Allegheny County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 60%. On our competition score, Pittsburgh ranks #559 of 601 PA ZIP codes with enough sales (score 28 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.
Run the numbers for 15207
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 →Towns like Pittsburgh nearby
Find towns like Pittsburgh in other states →Where Pittsburgh is
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Questions about Pittsburgh real estate
Is Pittsburgh a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Pittsburgh, PA 15207 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 Pittsburgh?
The typical home went under contract in 60 days in the latest three months.
Do homes in Pittsburgh sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Pittsburgh?
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 Pittsburgh?
The median sale price was $180,944 in the three months ending August 31, 2026, about $141 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