Hazelwood, Pittsburgh, PA—15207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hazelwood, Pittsburgh, PA
As of Oct '25, the median home price in Hazelwood, Pittsburgh, PA is $139,000, with a year-over-year change of -1.7%. This indicates that home prices in Hazelwood, Pittsburgh, PA are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $139,000 | -1.7% |
| Single Family | $139,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $102,000 | -4.7% |
3 Bed | $165,000 | 0.6% |
4 Bed | $171,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hazelwood, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Hazelwood, Pittsburgh, PA is $1,280, with a year-over-year rent change of -9.2%. Per bedroom, the median rent as of July '25 in Hazelwood, Pittsburgh, PA is 1-bedrooms: $848, 2-bedrooms: $1,260, 3-bedrooms: $1,570, 4-bedrooms: $1,420. The most common rental property sizes in Hazelwood, Pittsburgh, PA are 2-bedroom and 3-bedroom, accounting for 41.5% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $848 |
| 2 Bed Rent | $1,220 | $1,260 |
| 3 Bed Rent | $1,500 | $1,570 |
| 4 Bed Rent | $1,350 | $1,420 |
% of Rental Stock
Property Listings — Hazelwood, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Hazelwood, Pittsburgh, PA is 56. This is a decrease of -17.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | 15.0% |
Listing Count | 56 | 32.0% |
| Listings as % of Homes | 0.5% | 32.0% |
Days on Market | 56 | -17.0% |
Demographics — Hazelwood, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Hazelwood, Pittsburgh, PA has a population of 10,800, which has decreased by -5.1% over the past 5 years. Hazelwood, Pittsburgh, PA is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 29.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,800 | -5.1% |
% Under 18 | 19.9% | 3.1% |
% Seniors | 21.7% | 29.2% |
% WFH | 18.5% | 428.6% |
% w/ College Degree | 29.5% | 2.4% |
As of the latest ACS Survey released in 2023, Hazelwood, Pittsburgh, PA is a predominantly white area, with 68.2% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Hazelwood, Pittsburgh, PA is black, making up 19.7% of the population. Foreign-born residents account for 4.3% of the population in Hazelwood, Pittsburgh, PA, and this percentage has increased by 38.7% 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 | 68.2% | -5.4% |
% Black | 19.7% | -4.8% |
% Hispanic | 3.9% | 5.4% |
% Asian | 2.3% | 21.1% |
% Foreign Born | 4.3% | 38.7% |
Mortgage and Risk — Hazelwood, Pittsburgh, PA
According to HUD data as of 2023, there were 157 mortgage originations in Hazelwood, Pittsburgh, PA, of which 91.0% 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 Hazelwood, Pittsburgh, PA. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 157 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Hazelwood, Pittsburgh, PA
As of 2024, the percent of homes in Hazelwood, Pittsburgh, PA under the Section 8 program is 44.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hazelwood, Pittsburgh, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 752 |
Total Units Section 8 | 682 |
% Rentals under Section 8 | 44.3% |
% Occupied Section 8 | 75.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $325 | $795 | $1,120 |
| 2 Bedroom | $120 | $1,220 | $1,340 |
| 3 Bedroom | $210 | $1,500 | $1,710 |
| 4 Bedroom | $490 | $1,350 | $1,840 |
Affordability — Hazelwood, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $139,000 |
| Median Household Income | $56,500 |