Bellevue, Pittsburgh, PA—15202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bellevue, Pittsburgh, PA
As of Oct '25, the median home price in Bellevue, Pittsburgh, PA is $213,000, with a year-over-year change of 1.6%. This indicates that home prices in Bellevue, Pittsburgh, PA are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $213,000 | 1.6% |
| Single Family | $220,000 | 2.3% |
| Condos | $113,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $95,000 | -5.0% |
2 Bed | $159,000 | 0.6% |
3 Bed | $218,000 | 1.9% |
4 Bed | $276,000 | 2.6% |
| 5 Bed | $332,000 | 2.5% |
% of Housing Stock
Rental Trends — Bellevue, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Bellevue, Pittsburgh, PA is $1,220, with a year-over-year rent change of 8.9%. Per bedroom, the median rent as of July '25 in Bellevue, Pittsburgh, PA is studios: $823, 1-bedrooms: $892, 2-bedrooms: $1,210, 3-bedrooms: $1,670, 4-bedrooms: $2,260. The most common rental property sizes in Bellevue, Pittsburgh, PA are 1-bedroom and 2-bedroom, accounting for 48.2% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,220 |
| Studio Rent | $760 | $823 |
| 1 Bed Rent | $895 | $892 |
| 2 Bed Rent | $1,180 | $1,210 |
| 3 Bed Rent | $1,400 | $1,670 |
| 4 Bed Rent | $1,950 | $2,260 |
% of Rental Stock
Property Listings — Bellevue, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bellevue, Pittsburgh, PA is 59. This is a increase of 17.0% 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 33.0%, 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 | -14.0% |
Listing Count | 67 | 16.0% |
| Listings as % of Homes | 0.5% | 16.0% |
Days on Market | 59 | 17.0% |
Demographics — Bellevue, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Bellevue, Pittsburgh, PA has a population of 19,600, which has remained stable by 0.4% over the past 5 years. Bellevue, Pittsburgh, PA is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 46.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | 0.4% |
% Under 18 | 18.0% | 13.2% |
% Seniors | 18.2% | 15.9% |
% WFH | 20.3% | 372.1% |
% w/ College Degree | 46.5% | 13.7% |
As of the latest ACS Survey released in 2023, Bellevue, Pittsburgh, PA is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Bellevue, Pittsburgh, PA is black, making up 9.3% of the population. Foreign-born residents account for 2.5% of the population in Bellevue, Pittsburgh, PA, and this percentage has decreased by 10.7% 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 | 83.4% | -5.7% |
% Black | 9.3% | 45.3% |
% Hispanic | 2.4% | 60.0% |
% Asian | 1.0% | 100.0% |
% Foreign Born | 2.5% | -10.7% |
Mortgage and Risk — Bellevue, Pittsburgh, PA
According to HUD data as of 2023, there were 305 mortgage originations in Bellevue, Pittsburgh, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Bellevue, Pittsburgh, PA. Investor activity is low, as 5.0% 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 | 305 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Bellevue, Pittsburgh, PA
As of 2024, the percent of homes in Bellevue, Pittsburgh, PA under the Section 8 program is 6.1%. 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 Bellevue, Pittsburgh, PA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 363 |
Total Units Section 8 | 363 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $895 | $1,110 |
| 2 Bedroom | $150 | $1,180 | $1,330 |
| 3 Bedroom | $300 | $1,400 | $1,700 |
| 4 Bedroom | -$120 | $1,950 | $1,830 |
Affordability — Bellevue, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $213,000 |
| Median Household Income | $65,800 |