In January 2024, the median home price in Pittsburgh rose by 4.2% from the previous year to $215,000. Homes sold faster, averaging 68 days on the market, compared to 72 days last year. Sales also increased, with 276 homes sold, up from 252 the previous year.

Yes, Pittsburgh, PA, is considered a good place for real estate investment. The city offers a substantial inventory of properties, making it an affordable market for investors. Factors like Pittsburgh's high employment rates and significant student population contribute to real estate growth in both sales and rentals across many neighborhoods.

As of January 2024, Pittsburgh, PA, is a buyer's market. This is indicated by a sale-to-list price ratio of 95.3%, suggesting that homes are generally selling for slightly less than their asking price. A buyer's market occurs when the supply of homes exceeds the demand for homes.

Yes, considering the resilience and growth in the Pittsburgh housing market as of January 2024, with a 4.2% increase in home prices from the previous year and a median selling price of $215K, it's an attractive time for potential homeowners to consider buying in Pittsburgh.

Yes, moving to Pittsburgh is worth considering due to its affordability, high-quality city amenities, diversity, reputable schools and universities, above-average healthcare access, and expanding job opportunities. These factors contribute to a quality of life that is hard to beat, making Pittsburgh an attractive option for many.