Mount Washington, Pittsburgh, PA—15211
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Washington, Pittsburgh, PA
As of Oct '25, the median home price in Mount Washington, Pittsburgh, PA is $213,000, with a year-over-year change of -1.8%. This indicates that home prices in Mount Washington, Pittsburgh, PA are decreasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $213,000 | -1.8% |
| Single Family | $204,000 | -1.0% |
| Condos | $444,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $178,000 | -1.7% |
2 Bed | $186,000 | -0.5% |
3 Bed | $227,000 | -0.9% |
4 Bed | $261,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Washington, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Mount Washington, Pittsburgh, PA is $1,530, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Mount Washington, Pittsburgh, PA is studios: $1,030, 1-bedrooms: $1,080, 2-bedrooms: $1,420, 3-bedrooms: $1,770, 4-bedrooms: $2,360. The most common rental property sizes in Mount Washington, Pittsburgh, PA are 1-bedroom and 2-bedroom, accounting for 38.0% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,530 |
| Studio Rent | $899 | $1,030 |
| 1 Bed Rent | $1,050 | $1,080 |
| 2 Bed Rent | $1,380 | $1,420 |
| 3 Bed Rent | $1,620 | $1,770 |
| 4 Bed Rent | $1,850 | $2,360 |
% of Rental Stock
Property Listings — Mount Washington, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Washington, Pittsburgh, PA is 78. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | -4.0% |
Listing Count | 91 | 15.0% |
| Listings as % of Homes | 1.0% | 15.0% |
Days on Market | 78 | 11.0% |
Demographics — Mount Washington, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Mount Washington, Pittsburgh, PA has a population of 10,700, which has increased by 1.5% over the past 5 years. Mount Washington, Pittsburgh, PA is a less popular place for families, as children make up 8.4% of the population. The area has a highly educated workforce, with 53.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | 1.5% |
% Under 18 | 8.4% | -25.7% |
% Seniors | 19.1% | 20.1% |
% WFH | 21.5% | 400.0% |
% w/ College Degree | 53.5% | 29.2% |
As of the latest ACS Survey released in 2023, Mount Washington, Pittsburgh, PA is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Mount Washington, Pittsburgh, PA is black, making up 6.8% of the population. Foreign-born residents account for 3.8% of the population in Mount Washington, Pittsburgh, PA, and this percentage has decreased by 7.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.7% | -1.5% |
% Black | 6.8% | -17.1% |
% Hispanic | 2.9% | 52.6% |
% Asian | 1.9% | 18.8% |
% Foreign Born | 3.8% | -7.3% |
Mortgage and Risk — Mount Washington, Pittsburgh, PA
According to HUD data as of 2023, there were 177 mortgage originations in Mount Washington, Pittsburgh, PA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Mount Washington, Pittsburgh, PA. Investor activity is low, as 10.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 177 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Mount Washington, Pittsburgh, PA
As of 2024, the percent of homes in Mount Washington, Pittsburgh, PA under the Section 8 program is 10.5%. 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. In Mount Washington, 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 | 337 |
Total Units Section 8 | 333 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 78.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $220 | $1,050 | $1,270 |
| 2 Bedroom | $140 | $1,380 | $1,520 |
| 3 Bedroom | $320 | $1,620 | $1,940 |
| 4 Bedroom | $240 | $1,850 | $2,090 |
Affordability — Mount Washington, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $213,000 |
| Median Household Income | $75,500 |