Ross Township, Pittsburgh, PA—15237
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ross Township, Pittsburgh, PA
As of Oct '25, the median home price in Ross Township, Pittsburgh, PA is $348,000, with a year-over-year change of 2.5%. This indicates that home prices in Ross Township, Pittsburgh, PA are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $348,000 | 2.5% |
| Single Family | $364,000 | 2.8% |
| Condos | $198,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $121,000 | -1.6% |
2 Bed | $225,000 | 1.4% |
3 Bed | $315,000 | 2.6% |
4 Bed | $480,000 | 3.4% |
| 5 Bed | $546,000 | 3.2% |
% of Housing Stock
Rental Trends — Ross Township, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Ross Township, Pittsburgh, PA is $1,650, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Ross Township, Pittsburgh, PA is studios: $1,000, 1-bedrooms: $1,150, 2-bedrooms: $1,770, 3-bedrooms: $2,050, 4-bedrooms: $2,480. The most common rental property sizes in Ross Township, Pittsburgh, PA are 1-bedroom and 2-bedroom, accounting for 39.9% and 36.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,650 |
| Studio Rent | $850 | $1,000 |
| 1 Bed Rent | $1,100 | $1,150 |
| 2 Bed Rent | $1,750 | $1,770 |
| 3 Bed Rent | $2,200 | $2,050 |
| 4 Bed Rent | $2,300 | $2,480 |
% of Rental Stock
Property Listings — Ross Township, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ross Township, Pittsburgh, PA is 28. This is a decrease of -7.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | 0.0% |
Listing Count | 125 | 13.0% |
| Listings as % of Homes | 0.4% | 13.0% |
Days on Market | 28 | -7.0% |
Demographics — Ross Township, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Ross Township, Pittsburgh, PA has a population of 44,200, which has increased by 4.6% over the past 5 years. Ross Township, Pittsburgh, PA is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 57.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,200 | 4.6% |
% Under 18 | 20.8% | 6.1% |
% Seniors | 22.2% | 3.3% |
% WFH | 22.9% | 241.8% |
% w/ College Degree | 57.9% | 5.3% |
As of the latest ACS Survey released in 2023, Ross Township, Pittsburgh, PA is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Ross Township, Pittsburgh, PA is asian, making up 5.8% of the population. Foreign-born residents account for 7.7% of the population in Ross Township, Pittsburgh, PA, and this percentage has increased by 11.6% 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 | 88.0% | -0.6% |
% Black | 1.5% | -48.3% |
% Hispanic | 2.7% | 42.1% |
% Asian | 5.8% | 7.4% |
% Foreign Born | 7.7% | 11.6% |
Mortgage and Risk — Ross Township, Pittsburgh, PA
According to HUD data as of 2023, there were 1109 mortgage originations in Ross Township, Pittsburgh, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Ross Township, Pittsburgh, PA. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,109 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Ross Township, Pittsburgh, PA
As of 2024, the percent of homes in Ross Township, Pittsburgh, PA under the Section 8 program is 5.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Ross Township, Pittsburgh, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 406 |
Total Units Section 8 | 270 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,100 | $1,280 |
| 2 Bedroom | -$210 | $1,750 | $1,540 |
| 3 Bedroom | -$240 | $2,200 | $1,960 |
| 4 Bedroom | -$180 | $2,300 | $2,120 |
Affordability — Ross Township, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $348,000 |
| Median Household Income | $109,000 |