2019-2020 Housing Market Overview

Pittsburgh Real Estate Market 2020

On this page you'll learn about the Pittsburgh, PA real estate market for 2019 and 2020.

Pittsburgh Real Estate Market Overview

Metro population:
2.3 M
Median household income:
$59,000
Unemployment rate:
3.8%
Median home price*:
$73,000
Median monthly rent*:
$858
Pittsburgh Real Estate Market Trends & Statistics 2018-2019
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Interested in investing in the Pittsburgh real estate market in 2019 or 2020? On this page you’ll learn about the housing market forecast, trends and statistics to help you make that decision.

Please Note: This page is current as of January 2019. While most of the data points presented on this page won’t have changed considerably in the last year, we always want to make sure our content is as current and accurate as we possibly can. This page will be officially updated for 2020 by early January, so check back to get the latest updates!

If you’d like to be notified when this page is fully update for 2020, please send an email to KathyFettke@realwealthnetwork.com with the subject line “Pittsburgh Market Update 2020” and we’ll make sure to notify you! 🙂

About Pittsburgh

With a population of over 2.4 million in seven counties, the Pittsburgh Metropolitan Statistical Area is the 22nd largest city in the nation. The “Burgh” is known as “The City of Bridges” for its 446 bridges, and “The Steel City” for its former steel manufacturing base.

For decades, Pittsburgh was a city on the brink of collapse but recently it has made a huge comeback into the national spotlight. Why? Many are calling it the “Pittsburgh Renaissance.” Neighborhoods are being transformed almost overnight. Luxury boutique hotels are popping up all over the place, which is pretty cool according to Forbes. New office space is being built as well and filled by massive tech companies like Apple and Uber, and so much more!

According to visitpittsburgh.com, “Pittsburgh is proud to rank among the top places to live, work, and visit in the United States. Our city is consistently recognized with accolades from major travel and financial organizations as one of the most livable cities with one of the most viable economies. We have been honored as a first-rate city for livability, culture, and economy for several years.”

Also, in February 2018 UPMC announced their plans to invest $200M in immunology center in Pittsburgh. County officials are stating this will make Pittsburgh a “magnet for the best and brightest scientists who will want to come here.” This is a promising sign that the number of employment opportunities in Pittsburgh will continue to rise in coming years. This will attract more people to move to the Pittsburgh area – more people that will need a place to live.

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Major Employers in Pittsburgh

Pittsburgh Housing Market News

Great Real Estate Deals in the Steel City 2019

Pittsburgh, Pennsylvania has undergone a multi-billion dollar transformation in recent years. However, home prices are still very low. This combination…

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[Webinar] The Steel City’s Comeback: High Growth & Low Home Prices

Pittsburgh’s recent comeback and ongoing growth is making it more and more of a world-class city every year. Neighborhoods are…

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Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by Real Wealth Network members who are logged in at Investor.RealWealthNetwork.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by Real Wealth Network members who are logged in at Investor.RealWealthNetwork.com.

Member Relations

With a 5 year background in providing excellent customer service experiences, Mariah brings her skill and passion to Real Wealth Network as your member concierge. When she isn’t working to help meet your needs with RWN, you’ll likely find Mariah consumed in a good book, finding the next trail to run, or spending time with her friends and family.

Disclaimer: The information provided on this page is for educational purposes only. Real Wealth Network makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall Real Wealth Network be liable to you or anyone else for damage stemming from the use or misuse of this information.

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