Market Intelligence · PA / Pittsburgh

Pittsburgh, PA 15216 Housing Market

The typical home value in Pittsburgh, PA 15216 is $216,081, down 2.9% over the past year. Sellers are listing at a median list price of $224,500, and homes are spending a median of 37 days on market. There are 39 homes for sale, with 28 new listings entering the market.

Updated August 2026Median value$216K

The median home value in Pittsburgh, PA 15216 is $216K as of August 2026, down 2.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Get a cash offer

Sell without the wait

Sell your Pittsburgh home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 15216 range

$199K to $234K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 15216 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Pittsburgh, PA.

12-month value trend

-2.7% over 12 months

Typical home value in 15216 over the last 12 months: $222K in Aug 2025 to $216K in Aug 2026 (-2.7%).

Aug 2025$222K

Aug 2026$216K

The numbers

What is the 15216 housing market like?

Typical home value

$216K

Down2.7%YoY

Median list price

$225K

Down6.0%MoM

Days on market

37

Down31.5%MoM

Homes for sale

39

Down2.5%MoM

Price cuts

18.2%

Down31.6%MoM

New listings

28

Up27.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

Free home value report

See what your 15216 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 15216 home prices compare?

  • 15216$216,371
  • Pittsburgh$221,424
  • Pennsylvania$239,873
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Pittsburgh: 39 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,265 ZIPs).

Context

The Pittsburgh, PA 15216 market has 39 homes for sale and 28 new listings, so buyers have choices but the flow is not frozen. The median list price is $224,500, while the typical home value is $216,081 and is down 2.9% over the past year. A median of 37 days on market points to a measured pace rather than a frenzy. With 18.2% of listings taking a price cut, some sellers are adjusting after testing the market. For a seller, the practical read is to price carefully from the start and expect negotiation if the home sits.

Monthly payment

Estimate your monthly payment.

20% · $43,274

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.