50Alpha

Pittsburgh, PA metro area Housing Market Brief

metro · PA · score computed October 2026

Balanced

What is Pittsburgh, PA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●35
Inventory Health25%
●19

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●69
Economic Strength20%
+11.477
Rental Yield15%
●61

Where is Pittsburgh, PA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Pittsburgh, PA metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Pittsburgh, PA metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Pittsburgh, PA metro area housing market data

MetricValueYoYSource
Median Sale Price$254K▲ +1.8%Redfin
Median Days on Market54 days▲ +3.9%Realtor.com via FRED
Months of Supply4.1▲ +5.1%Redfin
Homes for Sale7,970▲ +9.8%Redfin
Homes Sold1,957▲ +1.5%Redfin
Median Price / Sq Ft$178▲ +4.4%Redfin

How has Pittsburgh, PA metro area’s Alpha Score moved?

Now: 50
2-period trend
Median sale price · 12 mo

Markets like Pittsburgh, PA metro area

Frequently asked questions

Is Pittsburgh, PA metro area a buyer's or seller's market?

In the scores computed October 2026, Pittsburgh, PA metro area is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Pittsburgh, PA metro area?

The median sale price in Pittsburgh, PA metro area is $254K, having risen 1.8% over the past year, according to Redfin.

How affordable is Pittsburgh, PA metro area?

Pittsburgh, PA metro area scores 69 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Pittsburgh, PA metro area's Alpha Score?

Pittsburgh, PA metro area's strongest dimension is Economic Strength (77/100) and its weakest is Inventory Health (19/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Pittsburgh, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.