Aspinwall, Pittsburgh, PA—15215
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Aspinwall, Pittsburgh, PA
As of Oct '25, the median home price in Aspinwall, Pittsburgh, PA is $335,000, with a year-over-year change of 1.6%. This indicates that home prices in Aspinwall, Pittsburgh, PA are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $335,000 | 1.6% |
| Single Family | $338,000 | 1.8% |
| Condos | $210,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $188,000 | 0.0% |
3 Bed | $298,000 | 2.1% |
4 Bed | $562,000 | 2.4% |
| 5 Bed | $756,000 | 2.7% |
% of Housing Stock
Rental Trends — Aspinwall, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Aspinwall, Pittsburgh, PA is $1,450, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Aspinwall, Pittsburgh, PA is 1-bedrooms: $913, 2-bedrooms: $1,220, 3-bedrooms: $1,700, 4-bedrooms: $2,820. The most common rental property sizes in Aspinwall, Pittsburgh, PA are 2-bedroom and 1-bedroom, accounting for 44.0% and 35.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,220 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $913 |
| 2 Bed Rent | $1,200 | $1,220 |
| 3 Bed Rent | $1,500 | $1,700 |
| 4 Bed Rent | $2,250 | $2,820 |
% of Rental Stock
Property Listings — Aspinwall, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Aspinwall, Pittsburgh, PA is 68. This is a decrease of -20.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $404,000 | 14.0% |
Listing Count | 53 | 34.0% |
| Listings as % of Homes | 0.6% | 34.0% |
Days on Market | 68 | -20.0% |
Demographics — Aspinwall, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Aspinwall, Pittsburgh, PA has a population of 12,200, which has decreased by -1.9% over the past 5 years. Aspinwall, Pittsburgh, PA is a moderately popular place for families, as children make up 23.4% of the population. The area has a highly educated workforce, with 59.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,200 | -1.9% |
% Under 18 | 23.4% | 14.1% |
% Seniors | 19.6% | 12.6% |
% WFH | 18.8% | 189.2% |
% w/ College Degree | 59.6% | 19.7% |
As of the latest ACS Survey released in 2023, Aspinwall, Pittsburgh, PA is a predominantly white area, with 86.0% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Aspinwall, Pittsburgh, PA is asian, making up 4.6% of the population. Foreign-born residents account for 6.9% of the population in Aspinwall, Pittsburgh, PA, and this percentage has increased by 1.5% 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 | 86.0% | -4.1% |
% Black | 3.7% | 85.0% |
% Hispanic | 2.9% | 93.3% |
% Asian | 4.6% | -2.1% |
% Foreign Born | 6.9% | 1.5% |
Mortgage and Risk — Aspinwall, Pittsburgh, PA
According to HUD data as of 2023, there were 192 mortgage originations in Aspinwall, Pittsburgh, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Aspinwall, Pittsburgh, PA. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 192 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Aspinwall, Pittsburgh, PA
As of 2024, the percent of homes in Aspinwall, Pittsburgh, PA under the Section 8 program is 14.4%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Aspinwall, Pittsburgh, PA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 308 |
Total Units Section 8 | 272 |
% Rentals under Section 8 | 14.4% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $900 | $1,080 |
| 2 Bedroom | $90 | $1,200 | $1,290 |
| 3 Bedroom | $140 | $1,500 | $1,640 |
| 4 Bedroom | -$480 | $2,250 | $1,770 |
Affordability — Aspinwall, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $335,000 |
| Median Household Income | $89,600 |