Pittsburgh Real Estate Market Update: Is Now a Good Time to Buy?

The Pittsburgh housing market is shifting, and if you're thinking about buying a home in 2025, understanding the latest trends can help you make an informed decision. Here’s what you need to know about the current market conditions for buyers.

Home Prices and Affordability

The median sale price for homes in Pittsburgh is $242,000, reflecting a 5.5% increase from last year. The price per square foot has also risen by 3.2%, now averaging $162. While prices are still climbing, the increase is more gradual compared to previous years, offering buyers a bit more room to negotiate.

Market Conditions: A Shift Toward Buyers?

Although Pittsburgh’s housing market remains somewhat competitive, we’re seeing signs of a cooling trend. Homes are staying on the market longer, with an average of 98 days before selling. This shift suggests that buyers may have more negotiating power than in the past few years, especially as multiple-offer situations become less common.

Neighborhoods with Opportunity

Certain areas still have strong demand, such as Lawrenceville, which continues to attract buyers due to its walkability, amenities, and growing property values. However, if you’re open to exploring less competitive neighborhoods, you may find great deals and more favorable terms.

Why a Home Inspection Is a Must

Even in a cooling market, ensuring your potential home is in great condition is essential. A comprehensive home inspection can uncover hidden issues that could turn into costly repairs down the line. By getting an inspection, you’ll have a clearer picture of the home's condition and potential maintenance needs—giving you peace of mind before making such a big investment.

Ready to Buy? Let Us Help!

At Fine Line Inspections, we provide detailed home inspections to help buyers make confident, informed decisions. Whether you’re purchasing your first home or an investment property, our inspections ensure you know exactly what you're buying.