According to statistics, the population in Pittsburgh, PA amounts to 301,038, which shows decline 0% compared to the previous year. The median age of the city’s residents is 34. The average household income is $47,417, shifting growth 3% from the past year, and the average property value in Pittsburgh, PA growth 13% to $140,200 throughout the year.
|Number Of Employees||157,610|
|Median Property Value||$140,200|
The average household income in Pittsburgh, PA grew from $45,851 to $47,417 in the past year. This data is an estimate based upon 141,881 households in Pittsburgh, PA . The chart below presents how household income is distributed in Pittsburgh, PA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Pittsburgh, PA shifted from $123,600 to $140,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Pittsburgh, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Pittsburgh, PA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pittsburgh, PA compared to median property taxes around the country. The prevalent amount of property taxes in Pittsburgh, PA equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$330,047||-2.2%|
|1 bed for sale||$214,725||-4.5%|
|2 bed for sale||$225,906||-12.8%|
|3 bed for sale||$274,548||+3.1%|
|4+ bed for sale||$352,709||-19.4%|
During Jul 2022, the average price for an apartment in/near Pittsburgh, PA decreased by 7.6% to $290,687.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 4.5% to $214,725. Asking price for 2-bed apartment also decreased by 12.8% and a place of this size will now cost you $225,906. A 3-bed apartment goes for $274,548, it increased by 3.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 19.4% and made it down to $352,709.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$278,846||-8.2%|
|Land for sale||$79,950||-30.4%|
|Duplexes for sale||$323,442||+6.2%|
|Condos for sale||$413,405||-5.5%|
|Other for sale||$299,000||+49.9%|
|Apartments for sale||$659,457||N/A|
While assessing the property pricing Pittsburgh, PA, you can note that it remains flat with a price tag of $659,457. Price reports demonstrate that house price decreased by 8.2% this month making it up to $278,846. Condos faced an upward trend these days. The median price for a condo decreased by 5.5%, it’s now available for $413,405. You can now purchase a duplex for just $323,442, duplex price increased by 6.2% this month.