55Alpha

Pittsburgh, PA metro area Housing Market Brief

metro · PA · as of August 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%
-6.658
Inventory Health25%
25
Affordability20%
+2.873
Economic Strength20%
69
Rental Yield15%
+0.657

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?

Our model forecasts Pittsburgh, PA metro area’s home prices to rise about 3.6% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Pittsburgh, PA metro area housing market data

MetricValueYoY
Median Sale Price$277K▲ +6.6%
Median Days on Market50 days-2%
Months of Supply4.3▲ +13.2%
Homes for Sale7,813▲ +10%
Homes Sold1,892-2.6%
Median Price / Sq Ft$179▲ +4.8%

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

Now: 55
12-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 August 2026, Pittsburgh, PA metro area is classified as a Balanced Market, based on its Alpha Score of 55 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 $277K, having risen 6.6% over the past year.

How affordable is Pittsburgh, PA metro area?

Pittsburgh, PA metro area scores 73 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 Affordability (73/100) 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.