Pittsburgh, PA Real Estate Market 2026

Investor-grade market analytics for Pittsburgh, Pennsylvania. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$217,855

+1.4% year-over-year

Est. Rental Yield

8.0%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Pittsburgh Market Summary

Pittsburgh, PA is in a stabilization phase with 1.4% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 2.95x, below the national average of 4.8x. Net negative migration (-3,153 returns/year) is reducing housing demand pressure. Climate risk is moderate (42/100) with manageable exposure. Rental yield of 7.98% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio3.0x (national avg 4.8x)
Median Household Income$73,942

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Pittsburgh, PA's primary climate exposure is flooding (59/100). The composite climate risk score of 42/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Pittsburgh dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

Pittsburgh Real Estate Market Data 2026 | Lotlytics | Lotlytics