Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median −37.0% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −10.3% YoY, is the number to watch.
The median listing price is down 37.0% YoY while the median home got up 4.2% bigger, so value per square foot is down 22.9%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $181K purchase rents for $1,595/mo: 0.88% of price per month against the 1% rule's 1.00%.
Not shown: 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent).
Rentals here take about 18 days longer to find a tenant than sales take to go under contract (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 15208 itself, not its parent county.
Renters hold 48.9% of this ZIP's 4,304 occupied households, on a median household income of $63K.
| Measure | ZIP 15208 | Allegheny County | Difference |
|---|---|---|---|
| Median Household Income | $63K | $79K | -$15K |
| Below Poverty Level | 22.5% | 11.5% | +11.0% |
| Median Age | 35.00 | 40.60 | -5.60 |
| Total Population | 10,094 | 1,238,177 | -- |
| Avg Household Size | 2.34 | 2.20 | +0.14 |
| Owner-Occupied | 51.1% | 65.2% | -14.1% |
| Worked From Home | 22.1% | 21.1% | +1.0% |
| Mean Commute | 22.70 | 25.20 | -2.50 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.2% to 1,238,177: residents under 18 are down 0.9% and those 65 and over are up 2.0%.
County median household income is $79K, 11.5% of residents are below the poverty level, 21.1% work from home.