Market Intelligence · PA / Pittsburgh

Pittsburgh, PA 15227 Housing Market

The typical home value in Pittsburgh, PA 15227 is $193,265, down 1.4% over the past year as of September 2026. The median list price is $209,950, and homes spend a median of 51 days on market. For owners weighing a sale, pricing is close to value rather than runaway.

Updated September 2026Median value$193K

The median home value in Pittsburgh, PA 15227 is $193K as of September 2026, down 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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 15227 range

$178K to $209K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 15227 market stats. Unsubscribe anytime.

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

12-month value trend

-1.4% over 12 months

Sep 2025$196K

Low $192KHigh $196K

Sep 2026$193K

The numbers

What is the 15227 housing market like?

As of September 2026

Typical home value

$193K

1.4%YoY

Median list price

$210K

2.3%MoM

Days on market

15.9%MoM

Homes for sale

5.6%MoM

Price cuts

42.6%

68.3%MoM

New listings

54.2%MoM

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

The outlook

15227 housing market forecast 2027

+0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 15227 to rise 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 15227 fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in 15227?

Zillow's forecast does not call for a drop: it expects typical home values in 15227 to rise 0.8% by September 2027, after a 1.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 15227 home is worth.

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

The comparison

How do 15227 home prices compare?

15227$193,265
Pittsburgh$214,966
Pennsylvania$236,800
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Pittsburgh: 39 ZIPs; Pennsylvania: 1,362 ZIPs; United States: 26,262 ZIPs).

Context

Inventory in Pittsburgh, PA 15227 is limited but not frozen, with 94 homes for sale and 22 new listings as of September 2026. Buyers are not rushing: the median days on market is 51, and 42.6% of listings have taken a price cut. The gap between a $209,950 median list price and a $193,265 typical value suggests some sellers are still testing above the typical value while values have slipped 1.4% over the past year. For a seller, the honest read is that realistic pricing matters more than optimism right now.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $38,653

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 15227 worth?

The typical home value is $193,265 as of September 2026, down 1.4% over the past year.

Are homes selling quickly in Pittsburgh, PA 15227?

The median days on market is 51 as of September 2026, so buyers have some time compared with a faster market.

Are sellers cutting prices in 15227?

Yes. As of September 2026, 42.6% of listings had a price cut, while the median list price was $209,950.

Discover

Nearby ZIP markets.

Keep reading