Is Pittsburgh, PA 15241 a buyer’s or seller’s market?
Pittsburgh is a seller’s market. With about 1.8 months of supply and 40% 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.
More competitive than 71% of U.S. ZIP codes, and #317 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, 40% of homes in Pittsburgh, PA 15241 sold above their list price, the typical home went under contract in 53 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 92 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 38%, homes sold more slowly (50 days then) and the median sale price fell 4% to $494,786. Overall, Pittsburgh is about as competitive as it was a year ago.
Within Allegheny County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Pittsburgh ranks #317 of 601 PA ZIP codes with enough sales (score 68 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 15241
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 seller’s market: there were 1.8 months of supply in Pittsburgh, PA 15241 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 53 days in the latest three months.
Do homes in Pittsburgh sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 99.6% 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 $494,786 in the three months ending August 31, 2026, about $235 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