Carnegie, PA 15106 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Carnegie, PA—15106

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$209,000

3.4% YoY Growth

Household Income

$72,100

35.9% YoY Growth

Days on Market

4.0% Longer YoY

Home Price Forecast

-0.3%

Median Rent

$1,280

19.3% YoY Growth

1-Bed Rent

$995

15.8% YoY Growth

2-Bed Rent

$1,250

6.9% YoY Growth

3-Bed Rent

$1,740

20.3% YoY Growth

Home Price Trends — Carnegie, PA

As of Dec '25, the median home price in Carnegie, PA is $209,000, with a year-over-year change of 3.4%. This indicates that home prices in Carnegie, PA are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$209,000	3.4%
Single Family	$208,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Carnegie, PA

As of July '25, Rentcast reports the average rent in Carnegie, PA is $1,420, with a year-over-year rent change of 19.3%. Per bedroom, the median rent as of July '25 in Carnegie, PA is studios: $1,120, 1-bedrooms: $953, 2-bedrooms: $1,240, 3-bedrooms: $1,900, 4-bedrooms: $2,210. The most common rental property sizes in Carnegie, PA are 2-bedroom and 1-bedroom, accounting for 42.6% and 32.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,280	$1,420
Studio Rent	$750	$1,120
1 Bed Rent	$995	$953
2 Bed Rent	$1,250	$1,240
3 Bed Rent	$1,740	$1,900
4 Bed Rent	$1,860	$2,210

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% of Rental Stock

Studio

2.8%

1 Bedroom

32.0%

2 Bedrooms

42.6%

3 Bedrooms

19.5%

4 Bedrooms

2.8%

5+ Bedrooms

0.3%

Property Listings — Carnegie, PA

As of Dec '25, Realtor.com reports that the median days on market for a home in Carnegie, PA is 45. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$210,000	0.0%
Listing Count	56	21.0%
Listings as % of Homes	0.4%	21.0%
Days on Market	65	4.0%

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Demographics — Carnegie, PA

As of the latest ACS Survey released in 2023, Carnegie, PA has a population of 19,200, which has remained stable by -0.9% over the past 5 years. Carnegie, PA is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 35.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	19,200	-0.9%
% Under 18	16.5%	-5.2%
% Seniors	23.2%	22.8%
% WFH	20.1%	367.4%
% w/ College Degree	35.5%	9.9%

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As of the latest ACS Survey released in 2023, Carnegie, PA is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 7.8% in the last 5 years. The second most common race or ethnicity in Carnegie, PA is black, making up 8.5% of the population. Foreign-born residents account for 5.5% of the population in Carnegie, PA, and this percentage has increased by 71.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	81.7%	-7.8%
% Black	8.5%	28.8%
% Hispanic	2.2%	83.3%
% Asian	2.3%	130.0%
% Foreign Born	5.5%	71.9%

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Mortgage and Risk — Carnegie, PA

According to HUD data as of 2023, there were 328 mortgage originations in Carnegie, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Carnegie, PA. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	328
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Carnegie, PA

As of 2024, the percent of homes in Carnegie, PA under the Section 8 program is 13.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Carnegie, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	499
Total Units Section 8	482
% Rentals under Section 8	13.0%
% Occupied Section 8	94.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$5	$995	$1,000
2 Bedroom	-$50	$1,250	$1,200
3 Bedroom	-$210	$1,740	$1,530
4 Bedroom	-$210	$1,860	$1,650

Carnegie, PA—15106

Key Metrics at a Glance

Home Price Trends — Carnegie, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carnegie, PA

% of Rental Stock

Property Listings — Carnegie, PA

Demographics — Carnegie, PA

Race and Ethnicity

Mortgage and Risk — Carnegie, PA

Mortgages

Rentals and Section 8 — Carnegie, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Carnegie, PA

Home Price to Income Ratio

Carnegie, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Presto, PA

Crafton, PA

Scott Township, Pittsburgh, PA

McKees Rocks, PA

Green Tree, Pittsburgh, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$209,000
Median Household Income	$72,100

Carnegie, PA—15106

Key Metrics at a Glance

Home Price Trends — Carnegie, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Carnegie, PA

% of Rental Stock

Property Listings — Carnegie, PA

Demographics — Carnegie, PA

Race and Ethnicity

Mortgage and Risk — Carnegie, PA

Mortgages

Rentals and Section 8 — Carnegie, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Carnegie, PA

Home Price to Income Ratio

Carnegie, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Presto, PA

Crafton, PA

Scott Township, Pittsburgh, PA

McKees Rocks, PA

Green Tree, Pittsburgh, PA

Frequently Asked Questions

What is the average home price in Carnegie, PA 15106?

How have home prices in Carnegie, PA 15106 changed over the past year?

What is the home price projection for Carnegie, PA 15106?

What are the demographics of Carnegie, PA 15106?

How long does it take homes to sell in Carnegie, PA 15106?

What is the average rent price in Carnegie, PA 15106?