47Alpha

Pittsburgh, PA metro area Housing Market Brief

metro · as of May 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%
+9.665
Inventory Health25%
-9.025
Affordability20%
No data
50
Economic Strength20%
No data
50
Rental Yield15%
No data
50

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

EmergingGrowingMaturePeakingDecliningRecovering

Pittsburgh, PA metro area is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Pittsburgh, PA metro area housing market data

MetricValueYoY
Median Sale Price$275K▲ +7.8%
Median Days on Market50 days-2%
Months of Supply3.7▲ +12.1%
Homes for Sale7,677▲ +5.2%
Homes Sold2,054-7.3%
Median Price / Sq Ft$186▲ +3.6%
Sale-to-List Ratio98.3%-0.2%

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

Now: 47
3-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?

As of May 2026, Pittsburgh, PA metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, 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 $275K, having risen 7.8% over the past year.

How affordable is Pittsburgh, PA metro area?

Pittsburgh, PA metro area scores 50 out of 100 on affordability — moderately 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 Price Momentum (65/100) and its weakest is Inventory Health (25/100). 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.