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Homestead Park Lincoln Place New Homestead

HOMESTEAD, PA 15120

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 15120

Homestead Park · Lincoln Place · New Homestead

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HOMESTEAD, PA real estate market (15120) currently shows 68 active listings, with 22 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 62 days on market compared to 56 days last year.

The median listing price has fallen 9.1% year-over-year, from $156,750 to $142,500.

Whether you are buying or selling in HOMESTEAD, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 18,136  ·  Density: 1,493.7/mi²  ·  Median household income: $49,803

Typical home value: $110,698  ·  Homeownership: 61.0%

Market Overview

Active Listings
68
⇧ 7.9% vs 63 last year
Pending
22
32% pending ratio
Median Price
$142,500
⇩ 9.1% vs $156,750 last year
Average Price
$135,256
⇩ 13.7% vs $156,677 last year
Days on Market
62
⇧ 10.7% vs 56 days last year

Price Per Square Foot

Median $/sqft
$102
⇩ 3.8% vs $106/sqft last year
Median Home Size
1,329 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 63 last year
  • Days on market: 62 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $142,500 (-9.1% YoY)
  • Average: $135,256 (-13.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.3 miles — 626 listings ($169,786,342 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
15120Homestead, PA 151200.0 mi66$9,737,772$152,450$147,542
15218Pittsburgh, PA 152182.1 mi56$15,287,664$220,000$272,994
15122West Mifflin, PA 151222.5 mi45$8,612,145$184,225$191,381
15034Dravosburg, PA 150343.2 mi6$739,998$133,500$123,333
15221Pittsburgh, PA 152213.4 mi103$20,238,985$155,975$196,495
15112East Pittsburgh, PA 151123.7 mi11$1,024,364$84,500$93,124
15213Pittsburgh, PA 152134.1 mi72$30,758,688$231,750$427,204
15203Pittsburgh, PA 152034.1 mi80$33,260,160$318,950$415,752
15145Turtle Creek, PA 151454.6 mi18$2,164,518$77,500$120,251
15236Pittsburgh, PA 152365.0 mi84$26,402,292$289,974$314,313
15219Pittsburgh, PA 152195.2 mi41$9,005,240$184,975$219,640
15035East McKeesport, PA 150355.3 mi10$1,496,220$153,675$149,622
15224Pittsburgh, PA 152245.3 mi34$11,058,296$279,125$325,244

Frequently Asked Questions

How many homes are for sale in HOMESTEAD, PA 15120?

As of March 2026, there are 68 active listings in HOMESTEAD, PA (zip code 15120), compared to 63 the prior year.

What is the median home price in HOMESTEAD, PA 15120?

The median listing price in HOMESTEAD, PA 15120 is $142,500 as of March 2026, a 9.1% decrease from $156,750 the prior year.

How long do homes stay on the market in HOMESTEAD, PA?

Homes in HOMESTEAD, PA 15120 spend an average of 62 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in HOMESTEAD, PA 15120?

Based on current inventory and days-on-market data as of March 2026, HOMESTEAD, PA 15120 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 62 days on market compared to 56 days last year.

How much can I save on real estate commission in HOMESTEAD, PA?

With SELL123.com's maximum 3% commission, sellers in HOMESTEAD, PA 15120 save an estimated $2,850 compared to a typical 5% commission on the median listing price of $142,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.