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Banksville Beechview Mount Washington

PITTSBURGH, PA 15216

Real Estate Market Report  ·  Allegheny County
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 15216

Banksville · Beechview · Mount Washington

Market Analysis

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

The PITTSBURGH, PA real estate market (15216) currently shows 77 active listings, with 34 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 36 days last year.

The median listing price has fallen 17.6% year-over-year, from $282,225 to $232,500.

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Market Context

Market Context

Population: 22,134  ·  Density: 2,486.7/mi²  ·  Median household income: $76,185

Typical home value: $171,291  ·  Homeownership: 63.4%

Market Overview

Active Listings
77
⇩ 20.6% vs 97 last year
Pending
34
44% pending ratio
Median Price
$232,500
⇩ 17.6% vs $282,225 last year
Average Price
$255,031
⇩ 17% vs $307,364 last year
Days on Market
47
⇧ 30.6% vs 36 days last year

Price Per Square Foot

Median $/sqft
$162
⇩ 13.4% vs $187/sqft last year
Median Home Size
1,400 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 77 this year vs 97 last year
  • Days on market: 47 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $232,500 (-17.6% YoY)
  • Average: $255,031 (-17% 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 5.8 miles — 752 listings ($230,007,407 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
15216Pittsburgh, PA 152160.0 mi53$12,602,499$237,975$237,783
15220Pittsburgh, PA 152201.3 mi50$9,465,550$171,150$189,311
15228Pittsburgh, PA 152282.3 mi31$11,558,846$361,425$372,866
15210Pittsburgh, PA 152102.7 mi87$12,768,990$147,450$146,770
15203Pittsburgh, PA 152033.5 mi80$33,260,160$318,950$415,752
15227Pittsburgh, PA 152273.9 mi96$21,689,376$222,000$225,931
15204Pittsburgh, PA 152043.9 mi31$3,542,556$125,000$114,276
15222Pittsburgh, PA 152224.0 mi61$52,293,043$531,000$857,263
15142Presto, PA 151424.8 mi5$4,824,585$979,000$964,917
15212Pittsburgh, PA 152124.9 mi105$31,599,120$207,475$300,944
15207Pittsburgh, PA 152075.3 mi43$8,495,166$193,625$197,562
15102Bethel Park, PA 151025.6 mi61$17,439,107$269,000$285,887
15214Pittsburgh, PA 152145.8 mi49$10,468,409$197,925$213,641

Frequently Asked Questions

How many homes are for sale in PITTSBURGH, PA 15216?

As of September 2026, there are 77 active listings in PITTSBURGH, PA (zip code 15216), compared to 97 the prior year.

What is the median home price in PITTSBURGH, PA 15216?

The median listing price in PITTSBURGH, PA 15216 is $232,500 as of September 2026, a 17.6% decrease from $282,225 the prior year.

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

Homes in PITTSBURGH, PA 15216 spend an average of 47 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in PITTSBURGH, PA 15216?

Based on current inventory and days-on-market data as of September 2026, PITTSBURGH, PA 15216 is currently a Balanced Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 36 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PITTSBURGH, PA 15216 save an estimated $4,650 compared to a typical 5% commission on the median listing price of $232,500. 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.