Is Pittsburgh, PA 15229 a buyer’s or seller’s market?

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

Pittsburgh is a seller’s market. With about 2.6 months of supply and 59% 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 score76/ 100

More competitive than 81% of U.S. ZIP codes, and #253 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 supply2.6Under 4 months = seller’s market
Sold above original list58.8%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$194▲ +1.6% vs. last year

The Pittsburgh housing market right now

In the three months ending August 31, 2026, 59% of homes in Pittsburgh, PA 15229 sold above their list price, the typical home went under contract in 47 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 52 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold faster (50 days then) and the median sale price rose 12% to $289,875. Overall, Pittsburgh is more competitive than a year ago, so tougher for buyers.

Within Allegheny County, homes here sell faster than in 77% of the county’s ZIP codes, and sell more often over asking than in 99%. On our competition score, Pittsburgh ranks #253 of 601 PA ZIP codes with enough sales (score 76 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) is 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 seller’s market: there were 2.6 months of supply in Pittsburgh, PA 15229 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 47 days in the latest three months.

Do homes in Pittsburgh sell over asking?

59% of homes sold above their original list price, and the typical sale closed at 101.3% 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 $289,875 in the three months ending August 31, 2026, about $194 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