Is Pittsburgh, PA 15208 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Pittsburgh is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score46/ 100

More competitive than 46% of U.S. ZIP codes, and #465 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 supply4.8Under 4 months = seller’s market
Sold above original list31.2%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$226▼ −17.3% vs. last year

The Pittsburgh housing market right now

In the three months ending August 31, 2026, 31% of homes in Pittsburgh, PA 15208 sold above their list price, the typical home went under contract in 51 days and there were 4.8 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 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (62 days then) and the median sale price fell 54% to $294,872. Overall, Pittsburgh is about as competitive as it was a year ago.

Within Allegheny County, homes here sell faster than in 53% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Pittsburgh ranks #465 of 601 PA ZIP codes with enough sales (score 46 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 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 4.8 months of supply in Pittsburgh, PA 15208 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 51 days in the latest three months.

Do homes in Pittsburgh sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 98.5% 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 $294,872 in the three months ending August 31, 2026, about $226 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