As predicted, the housing market in Pittsburgh has been increasingly competitive in 2022. Demand is high but the market is scarce, and these trends are reflected in housing prices.
According to Redfin.com, In February 2022, Pittsburgh home prices were up 6.5% compared to last year, selling for a median price of $224K.
On average, homes in Pittsburgh sell after 67 days on the market compared to 78 days last year. There were 504 homes sold in February this year, up from 485 last year.