Fox Chapel, Pittsburgh, PA—15238
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fox Chapel, Pittsburgh, PA
As of Oct '25, the median home price in Fox Chapel, Pittsburgh, PA is $544,000, with a year-over-year change of 3.8%. This indicates that home prices in Fox Chapel, Pittsburgh, PA are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $544,000 | 3.8% |
| Single Family | $551,000 | 4.2% |
| Condos | $500,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $237,000 | 1.3% |
3 Bed | $401,000 | 2.8% |
4 Bed | $733,000 | 4.0% |
| 5 Bed | $1,154,000 | 3.2% |
% of Housing Stock
Rental Trends — Fox Chapel, Pittsburgh, PA
As of July '25, Rentcast reports the average rent in Fox Chapel, Pittsburgh, PA is $1,860, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Fox Chapel, Pittsburgh, PA is 1-bedrooms: $1,490, 2-bedrooms: $1,330, 3-bedrooms: $2,510, 4-bedrooms: $3,900. The most common rental property sizes in Fox Chapel, Pittsburgh, PA are 1-bedroom and 2-bedroom, accounting for 42.8% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,660 | $1,490 |
| 2 Bed Rent | $1,100 | $1,330 |
| 3 Bed Rent | $2,650 | $2,510 |
| 4 Bed Rent | $3,900 | $3,900 |
% of Rental Stock
Property Listings — Fox Chapel, Pittsburgh, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Fox Chapel, Pittsburgh, PA is 64. This is a decrease of -17.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $735,000 | -8.0% |
Listing Count | 61 | 8.0% |
| Listings as % of Homes | 0.6% | 8.0% |
Days on Market | 64 | -17.0% |
Demographics — Fox Chapel, Pittsburgh, PA
As of the latest ACS Survey released in 2023, Fox Chapel, Pittsburgh, PA has a population of 13,000, which has remained stable by -0.1% over the past 5 years. Fox Chapel, Pittsburgh, PA is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 74.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | -0.1% |
% Under 18 | 21.4% | -7.0% |
% Seniors | 26.3% | 10.0% |
% WFH | 20.4% | 145.8% |
% w/ College Degree | 74.6% | 14.9% |
As of the latest ACS Survey released in 2023, Fox Chapel, Pittsburgh, PA is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Fox Chapel, Pittsburgh, PA is asian, making up 7.7% of the population. Foreign-born residents account for 9.8% of the population in Fox Chapel, Pittsburgh, PA, and this percentage has decreased by 3.0% 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 | 85.9% | -0.5% |
% Black | 1.3% | -23.5% |
% Hispanic | 1.7% | -15.0% |
% Asian | 7.7% | 2.7% |
% Foreign Born | 9.8% | -3.0% |
Mortgage and Risk — Fox Chapel, Pittsburgh, PA
According to HUD data as of 2023, there were 285 mortgage originations in Fox Chapel, Pittsburgh, PA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Fox Chapel, Pittsburgh, PA. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 285 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Fox Chapel, Pittsburgh, PA
As of 2024, the percent of homes in Fox Chapel, Pittsburgh, PA under the Section 8 program is 0.6%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fox Chapel, Pittsburgh, PA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 105 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$540 | $1,660 | $1,120 |
| 2 Bedroom | $240 | $1,100 | $1,340 |
| 3 Bedroom | -$940 | $2,650 | $1,710 |
| 4 Bedroom | -$2,060 | $3,900 | $1,840 |
Affordability — Fox Chapel, Pittsburgh, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $544,000 |
| Median Household Income | $125,000 |