Green Tree, Pittsburgh, PA—15220
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Green Tree, Pittsburgh, PA
As of Oct '25, the median home price in Green Tree, Pittsburgh, PA is $231,000, with a year-over-year change of 1.8%. This indicates that home prices in Green Tree, 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 | $231,000 | 1.8% |
| Single Family | $237,000 | 2.2% |
| Condos | $179,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $114,000 | 2.7% |
2 Bed | $171,000 | 3.0% |
3 Bed | $244,000 | 1.7% |
4 Bed | $336,000 | 1.8% |
| 5 Bed | $360,000 | 3.2% |
% of Housing Stock
Rental Trends — Green Tree, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Green Tree, Pittsburgh, PA is $1,350, with a year-over-year rent change of -14.0%. Per bedroom, the median rent as of July '25 in Green Tree, Pittsburgh, PA is studios: $1,020, 1-bedrooms: $1,160, 2-bedrooms: $1,160, 3-bedrooms: $1,680, 4-bedrooms: $2,200. The most common rental property sizes in Green Tree, Pittsburgh, PA are 1-bedroom and 2-bedroom, accounting for 43.2% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,350 |
| Studio Rent | $1,030 | $1,020 |
| 1 Bed Rent | $1,100 | $1,160 |
| 2 Bed Rent | $1,100 | $1,160 |
| 3 Bed Rent | $1,400 | $1,680 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Green Tree, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Green Tree, Pittsburgh, PA is 43. This is a increase of 3.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $215,000 | -10.0% |
Listing Count | 62 | 31.0% |
| Listings as % of Homes | 0.5% | 31.0% |
Days on Market | 43 | 3.0% |
Demographics — Green Tree, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Green Tree, Pittsburgh, PA has a population of 18,500, which has increased by 4.3% over the past 5 years. Green Tree, Pittsburgh, PA is a moderately popular place for families, as children make up 17.4% of the population. The area has a highly educated workforce, with 48.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,500 | 4.3% |
% Under 18 | 17.4% | 8.7% |
% Seniors | 18.4% | -3.7% |
% WFH | 25.4% | 379.2% |
% w/ College Degree | 48.7% | 0.0% |
As of the latest ACS Survey released in 2023, Green Tree, Pittsburgh, PA is a predominantly white area, with 69.7% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Green Tree, Pittsburgh, PA is asian, making up 16.0% of the population. Foreign-born residents account for 18.0% of the population in Green Tree, Pittsburgh, PA, and this percentage has increased by 31.4% 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 | 69.7% | -7.4% |
% Black | 6.7% | -6.9% |
% Hispanic | 0.5% | -79.2% |
% Asian | 16.0% | 44.1% |
% Foreign Born | 18.0% | 31.4% |
Mortgage and Risk — Green Tree, Pittsburgh, PA
According to HUD data as of 2023, there were 325 mortgage originations in Green Tree, Pittsburgh, PA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Green Tree, Pittsburgh, PA. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 325 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Green Tree, Pittsburgh, PA
As of 2024, the percent of homes in Green Tree, Pittsburgh, PA under the Section 8 program is 3.3%. 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 Green Tree, Pittsburgh, PA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 235 |
Total Units Section 8 | 146 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 63.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,100 | $1,280 |
| 2 Bedroom | $430 | $1,100 | $1,530 |
| 3 Bedroom | $550 | $1,400 | $1,950 |
| 4 Bedroom | -$100 | $2,200 | $2,100 |
Affordability — Green Tree, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $231,000 |
| Median Household Income | $78,700 |