Wilkinsburg, Pittsburgh, PA—15221
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wilkinsburg, Pittsburgh, PA
As of Oct '25, the median home price in Wilkinsburg, Pittsburgh, PA is $146,000, with a year-over-year change of -0.0%. This indicates that home prices in Wilkinsburg, Pittsburgh, PA are flat. 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 | $146,000 | -0.0% |
| Single Family | $146,000 | 0.0% |
| Condos | $150,000 | 6.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | 2.3% |
2 Bed | $113,000 | 0.0% |
3 Bed | $155,000 | 1.3% |
4 Bed | $240,000 | 1.7% |
| 5 Bed | $193,000 | -0.5% |
% of Housing Stock
Rental Trends — Wilkinsburg, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Wilkinsburg, Pittsburgh, PA is $1,380, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in Wilkinsburg, Pittsburgh, PA is studios: $930, 1-bedrooms: $1,060, 2-bedrooms: $1,330, 3-bedrooms: $1,480, 4-bedrooms: $3,220. The most common rental property sizes in Wilkinsburg, Pittsburgh, PA are 1-bedroom and 2-bedroom, accounting for 40.9% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,380 |
| Studio Rent | $930 | $930 |
| 1 Bed Rent | $940 | $1,060 |
| 2 Bed Rent | $1,250 | $1,330 |
| 3 Bed Rent | $1,400 | $1,480 |
| 4 Bed Rent | $1,700 | $3,220 |
% of Rental Stock
Property Listings — Wilkinsburg, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Wilkinsburg, Pittsburgh, PA is 50. This is a increase of 21.0% 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 | $179,000 | 13.0% |
Listing Count | 110 | -9.0% |
| Listings as % of Homes | 0.5% | -9.0% |
Days on Market | 50 | 21.0% |
Demographics — Wilkinsburg, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Wilkinsburg, Pittsburgh, PA has a population of 29,500, which has decreased by -2.6% over the past 5 years. Wilkinsburg, Pittsburgh, PA is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 41.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,500 | -2.6% |
% Under 18 | 17.6% | 7.3% |
% Seniors | 20.8% | 1.0% |
% WFH | 22.0% | 193.3% |
% w/ College Degree | 41.7% | 3.7% |
As of the latest ACS Survey released in 2023, Wilkinsburg, Pittsburgh, PA is a predominantly white area, with 46.6% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Wilkinsburg, Pittsburgh, PA is black, making up 42.9% of the population. Foreign-born residents account for 3.7% of the population in Wilkinsburg, Pittsburgh, PA, and this percentage has increased by 8.8% 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 | 46.6% | -1.9% |
% Black | 42.9% | -5.9% |
% Hispanic | 4.3% | 186.7% |
% Asian | 1.2% | -25.0% |
% Foreign Born | 3.7% | 8.8% |
Mortgage and Risk — Wilkinsburg, Pittsburgh, PA
According to HUD data as of 2023, there were 419 mortgage originations in Wilkinsburg, Pittsburgh, PA, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Wilkinsburg, Pittsburgh, PA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 419 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Wilkinsburg, Pittsburgh, PA
As of 2024, the percent of homes in Wilkinsburg, Pittsburgh, PA under the Section 8 program is 24.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Wilkinsburg, 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 | 2,891 |
Total Units Section 8 | 2,683 |
% Rentals under Section 8 | 24.9% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $940 | $1,130 |
| 2 Bedroom | $100 | $1,250 | $1,350 |
| 3 Bedroom | $320 | $1,400 | $1,720 |
| 4 Bedroom | $150 | $1,700 | $1,850 |
Affordability — Wilkinsburg, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $146,000 |
| Median Household Income | $55,200 |