Pittsburgh, PA
Buyer's marketCash-flow-friendly fundamentals: 7.9% gross rent yield and 64% of sales closing below list make Pittsburgh a steady BRRRR and rental market.
DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026
| Detail | Value | Detail | Value |
|---|---|---|---|
| Median list price | $266,333 | Median sale price | $229,333 |
| Sale-to-list ratio | 0.975 | % sold below list | +64.0% |
| Active inventory | 1,995 | New listings | 690 |
How Pittsburgh has moved.
Pittsburgh sits at a median home value of $240,538 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.
The sale-to-list ratio sits at 0.975, and 64.0% of closed sales are landing below list. That’s a clear buyer’s market — sellers are negotiating, and motivated-seller direct mail is converting at rates we haven’t seen since 2014.
Rents tell a stronger story. The Zillow Observed Rent Index for Pittsburgh is $1,578/mo against a $241k median — that’s a 7.87% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.
Median days-on-market is running around 17 days against 1,995 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.
MDR’s composite investor score for Pittsburgh is 83/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. That puts it in our top tier — actively recommended for new capital deployment this cycle.
The same data, five operator lenses.
Lead lists, sourcing channels, and disposition strategies tuned to the local market.
ARV math, rehab scope, and exit timing for the local buyer profile.
Buy-rehab-rent-refi-repeat math tuned to local rents, prices, and DSCR.
Buy-and-hold rental analysis tuned to local rents, taxes, and tenant mix.
Subject-to, seller financing, wraps, and lease-options sized for the local market.
Pittsburgh for investors.
Is Pittsburgh a good market for real estate investors in 2026?
Metro Deal Report's composite investor score for Pittsburgh is 83/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. That puts Pittsburgh in our top tier — actively recommended for new capital deployment this cycle.
What is the median home price in Pittsburgh?
The typical home value in Pittsburgh as of the most recent Zillow read is $240,538. Median list price is $266,333 and median sale price is $229,333. Year-over-year change: -0.5%.
What can a landlord expect to rent a property for in Pittsburgh?
Zillow's Observed Rent Index for Pittsburgh is $1,578/mo. Against the typical home value of $241k, that produces a gross annual rent yield of 7.87% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.
Is Pittsburgh a buyer's or seller's market?
Pittsburgh's current sale-to-list ratio is 0.975 with 64.0% of homes closing below list. That's a clear buyer's market — sellers are negotiating. Median days on market: 17 days. Active inventory: 1,995 listings.
Which investment strategy works best in Pittsburgh?
Pittsburgh's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/pittsburgh, /brrrr/pittsburgh, and /flipping/pittsburgh.
Loan options for Pittsburgh properties.
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