Market Intelligence · PA / Pittsburgh

Pittsburgh, PA 15227 Housing Market

The typical home value in Pittsburgh's 15227 ZIP code is $196,528, down 1.7% over the past year as of 2026-07-01. Homes are listing at a median price of $215,000 and spending a median of 44 days on the market.

Updated August 2026Median value$197K

The median home value in Pittsburgh, PA 15227 is $197K as of August 2026, down 1.6% 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.

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Typical 15227 range

$181K to $212K

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.

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12-month value trend

-1.6% over 12 months

Typical home value in 15227 over the last 12 months: $200K in Aug 2025 to $197K in Aug 2026 (-1.6%).

Aug 2025$200K

Aug 2026$197K

The numbers

What is the 15227 housing market like?

Typical home value

$197K

Down1.6%YoY

Median list price

$215K

Down2.0%MoM

Days on market

44

Flat0.0%MoM

Homes for sale

89

Up18.7%MoM

Price cuts

25.3%

Down21.1%MoM

New listings

48

Up60.0%MoM

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

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The comparison

How do 15227 home prices compare?

  • 15227$196,587
  • 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

As of 2026-08-01, there were 89 homes for sale in 15227, with 48 new listings hitting the market. The median list price sits at $215,000, and homes are taking a median of 44 days to sell. Meanwhile, 25.3% of listings have had a price cut, which lines up with the typical home value of $196,528 being down 1.7% over the past year. That combination suggests sellers are pricing a bit above where values have settled. For a seller, the honest read is that accurate pricing from day one matters more than optimism right now.

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