Zip 15216 (Pittsburgh, PA) Housing

The housing market in 15216 Pittsburgh, PA is a great investment opportunity. The median value of a house in this area is $186,900, which is significantly lower than the US median at $338,100. Over the past year, the US saw an appreciation rate of 8.27%, while homes in 15216 Pittsburgh have appreciated by 5.53%. This rate of return makes investing in a home here an attractive option for buyers looking for more affordable options and those wanting to maximize their profits in a growing market.

The median home cost in Pittsburgh (zip 15216) is $186,900. Home appreciation the last 10 years has been 85.0%. Home Appreciation in Pittsburgh (zip 15216) is up 10.4%.

Average Age of Homes

- The median age of Pittsburgh (zip 15216) real estate is 78 years old

The Rental Market in Pittsburgh (zip 15216)

- Renters make up 36.7% of the Pittsburgh (zip 15216) population
- 1.2% of houses and apartments in Pittsburgh (zip 15216), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pittsburgh, Pennsylvania	United States
	11,342.0	139,647,020.0
	64	42
	$186,900	$338,100
	10.4%	16.6%
	48.8%	57.0%
	85.0%	101.1%
	$16.93	$10.98
	$2,524	$2,690
	56.7%	57.4%
	8.4%	11.2%
	34.8%	31.4%
Vacant Housing
	1.2%	1.9%
	0.3%	0.4%
	1.1%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.6%	2.4%
	1.8%	2.8%
	8.7%	3.9%
	14.2%	4.5%
	24.1%	11.3%
	20.2%	13.0%
	15.2%	20.1%
	5.7%	13.6%
	3.2%	8.3%
	4.7%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.3%	13.6%
	0.3%	13.6%
	1.2%	13.6%
	3.2%	13.2%
	6.2%	14.8%
	1.2%	13.6%
	18.8%	10.0%
	9.6%	4.7%
	50.7%	12.2%

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