Is Pittsburgh, PA 15253 a buyer’s or seller’s market?
Pittsburgh is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Pittsburgh housing market right now
In the three months ending August 31, 2026, 0% of homes in Pittsburgh, PA 15253 sold above their list price, the typical home went under contract in 147 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (46 days then) and the median sale price rose 364% to $398,827. Overall, Pittsburgh is less competitive than a year ago, which gives buyers more room.
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Questions about Pittsburgh real estate
Is Pittsburgh a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Pittsburgh, PA 15253 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 147 days in the latest three months.
Do homes in Pittsburgh sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What is the median home price in Pittsburgh?
The median sale price was $398,827 in the three months ending August 31, 2026, about $185 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