Pittsburgh Real Estate Market Overview
Public School Ranking:
Selling a House in Pittsburgh
In Pittsburgh, the median home value is $164,317. December is the smartest time to sell in this city, regarding time efficiency. The average amount of days it takes to sell a house is 78.58, so those who need to sell their home within a week for example, may feel out of luck. That’s why iBuyers have made a name for themselves, because they can provide one of the quickest sales of any alternative. After entering in some information regarding your home, iBuyers will provide you with an instant and all cash offer.
Location and Weather
Pittsburgh is in Southwest Pennsylvania, where the Ohio, Monongahela and Allegheny rivers meet. This city of hills and valleys is the center of an urban industrial complex that includes New Kensington, McKeesport and Washington and Wilkinsburg Inc. borough. Known as the home of the NFL’s Pittsburgh Steelers and the Pittsburgh Pirates, the city is also where the historical Mount Washington landmark is located. Pittsburgh has much to offer its residents, as its art and scientific venues, botanical gardens, the Carnegie Museum of Natural History, and the Point State Park, maintain popularity throughout the year.
In Pittsburgh, the summers are warm and partly cloudy, while the winters are cold and cloudy. Summer temperatures are in the 80’s, with lows in the mid-60’s. The winter temperatures are in the 40’s, with lows in the 20’s.
Population, Job Market and Cost of Living
Pittsburgh’s population in 2019 was 305,012, with a growth rate of -1.0%. The job growth has increased by 0.24% over the last year and in ten years, is predicted to have increased by 24.44%. The major industries are health care and social assistance, retail trade and manufacturing. The biggest companies to work for are Alcoa, University of Pittsburgh Medical Center, The PNC Financial Services Group, PPG Industries and Kraft Heinz. The cost of living is low, due to the Pittsburgh real estate market and cost of available housing.
With an impressive manufacturing job base, revitalized city center of restaurants and shops, major sports culture, and low cost of living, Pittsburgh will continue evolving from a steel town to a cosmopolitan city.