Swissvale, Pittsburgh, PA—15218
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Swissvale, Pittsburgh, PA
As of Oct '25, the median home price in Swissvale, Pittsburgh, PA is $208,000, with a year-over-year change of -0.6%. This indicates that home prices in Swissvale, Pittsburgh, PA are flat. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | -0.6% |
| Single Family | $215,000 | -0.5% |
| Condos | $138,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $107,000 | 2.9% |
2 Bed | $141,000 | 0.0% |
3 Bed | $219,000 | -0.9% |
4 Bed | $335,000 | 1.2% |
| 5 Bed | $402,000 | 1.5% |
% of Housing Stock
Rental Trends — Swissvale, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Swissvale, Pittsburgh, PA is $1,290, with a year-over-year rent change of 24.0%. Per bedroom, the median rent as of July '25 in Swissvale, Pittsburgh, PA is 1-bedrooms: $952, 2-bedrooms: $1,200, 3-bedrooms: $1,430, 4-bedrooms: $2,160. The most common rental property sizes in Swissvale, Pittsburgh, PA are 2-bedroom and 1-bedroom, accounting for 51.5% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $940 | $952 |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,400 | $1,430 |
| 4 Bed Rent | $1,750 | $2,160 |
% of Rental Stock
Property Listings — Swissvale, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Swissvale, Pittsburgh, PA is 53. This is a decrease of -2.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | 7.0% |
Listing Count | 51 | -19.0% |
| Listings as % of Homes | 0.8% | -19.0% |
Days on Market | 53 | -2.0% |
Demographics — Swissvale, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Swissvale, Pittsburgh, PA has a population of 13,400, which has remained stable by -0.5% over the past 5 years. Swissvale, Pittsburgh, PA is a moderately popular place for families, as children make up 16.4% of the population. The area has a highly educated workforce, with 52.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | -0.5% |
% Under 18 | 16.4% | -6.3% |
% Seniors | 17.8% | 26.2% |
% WFH | 23.9% | 305.1% |
% w/ College Degree | 52.1% | 6.3% |
As of the latest ACS Survey released in 2023, Swissvale, Pittsburgh, PA is a predominantly white area, with 68.6% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Swissvale, Pittsburgh, PA is black, making up 19.2% of the population. Foreign-born residents account for 6.5% of the population in Swissvale, Pittsburgh, PA, and this percentage has increased by 27.5% 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 | 68.6% | 2.2% |
% Black | 19.2% | -26.7% |
% Hispanic | 3.8% | 72.7% |
% Asian | 3.2% | 100.0% |
% Foreign Born | 6.5% | 27.5% |
Mortgage and Risk — Swissvale, Pittsburgh, PA
According to HUD data as of 2023, there were 253 mortgage originations in Swissvale, Pittsburgh, PA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Swissvale, Pittsburgh, PA. Investor activity is low, as 7.0% 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 | 253 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Swissvale, Pittsburgh, PA
As of 2024, the percent of homes in Swissvale, Pittsburgh, PA under the Section 8 program is 11.8%. 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 Swissvale, 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 | 582 |
Total Units Section 8 | 582 |
% Rentals under Section 8 | 11.8% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $940 | $1,080 |
| 2 Bedroom | $100 | $1,200 | $1,300 |
| 3 Bedroom | $260 | $1,400 | $1,660 |
| 4 Bedroom | $40 | $1,750 | $1,790 |
Affordability — Swissvale, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $208,000 |
| Median Household Income | $67,700 |