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Market Intelligence · PA / Pittsburgh

Pittsburgh, PA 15233 Housing Market

The typical home value in Pittsburgh's 15233 ZIP code is $241,272, down 5.5% over the past year. The median list price stands at $534,950, with homes taking a median 87 days on the market as of September 2026.

Updated September 2026Median value$241K

The median home value in Pittsburgh, PA 15233 is $241K as of September 2026, down 5.5% 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.

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Typical 15233 range

$222K to $261K

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

-5.5% over 12 months

Typical home value in 15233 over the last 12 months: $255K in Sep 2025 to $241K in Sep 2026 (-5.5%).

Sep 2025$255K

Sep 2026$241K

The numbers

What is the 15233 housing market like?

Typical home value

$241K

Down5.5%YoY

Median list price

$535K

Up28.9%MoM

Days on market

87

Up61.1%MoM

Homes for sale

16

Down20.0%MoM

Price cuts

41.6%

New listings

2

Down50.0%MoM

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

The outlook

15233 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 15233 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 15233 fell 5.5%, per the Zillow Home Value Index.

Will home prices drop in 15233?

Zillow's forecast does not call for a drop: it expects typical home values in 15233 to rise 1.1% by September 2027, after a 5.5% 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.

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The comparison

How do 15233 home prices compare?

  • 15233$241,272
  • 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

As of September 2026, there are 16 homes for sale in 15233, with only 2 new listings entering the market. The median days on market of 87 suggests homes are not moving quickly. Perhaps most telling, 41.6% of listings have already seen a price cut, indicating seller expectations have shifted downward. Combined with the typical home value declining 5.5% year-over-year, the data points to a market favoring buyers willing to wait and negotiate.

Monthly payment

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Common questions

What people ask us.

What is the typical home value in 15233?

The typical home value in Pittsburgh's 15233 ZIP code is $241,272, down 5.5% over the past year as of September 2026.

How long do homes stay on the market in 15233?

The median days on market is 87 as of September 2026, indicating a slower-moving market where patience can pay off.

What share of homes have price cuts in 15233?

As of September 2026, 41.6% of listings in 15233 have seen a price cut, a significant share reflecting downward pressure on prices.

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