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A middling-yield market. Neither rent nor appreciation makes the case on its own.
What would change this read: a price correction (median already −5.6% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +10.5% YoY, is the number to watch.
The median listing price is down 5.6% YoY while the median home got down 7.5% bigger, so value per square foot is down 0.6%.
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.
Not shown: 6 BR (no price per sq ft reported).
At the median, a $262K purchase rents for $1,600/mo: 0.61% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Rentals here take about 43 days longer to find a tenant than sales take to go under contract (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (sold here, not rented), Manufactured (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 15236 itself, not its parent county.
Renters hold 22.5% of this ZIP's 13,405 occupied households, on a median household income of $91K.
| Measure | ZIP 15236 | Allegheny County | Difference |
|---|---|---|---|
| Median Household Income | $91K | $79K | +$12K |
| Below Poverty Level | 7.7% | 11.5% | -3.8% |
| Median Age | 43.60 | 40.60 | +3.00 |
| Total Population | 31,313 | 1,238,177 | -- |
| Avg Household Size | 2.33 | 2.20 | +0.13 |
| Owner-Occupied | 77.5% | 65.2% | +12.3% |
| Worked From Home | 18.9% | 21.1% | -2.2% |
| Mean Commute | 26.40 | 25.20 | +1.20 |
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.