Pine Township Home Prices & Values

$375,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 10.7% 1-year change
  • 3.0% 1-year forecast

Market Temperature: CoolWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Pine Township is $375,700. Pine Township home values have gone up 10.7% over the past year and Zillow predicts they will rise 3.0% within the next year. The median list price per square foot in Pine Township is $156, which is higher than the Pittsburgh Metro average of $103. The median price of homes currently listed in Pine Township is $514,900 while the median price of homes that sold is $489,000. The median rent price in Pine Township is $2,250, which is higher than the Pittsburgh Metro median of $1,050.

Foreclosures will be a factor impacting home values in the next several years. In Pine Township 3.4 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 1.1 and also lower than the national value of 4.4

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Relative ZHVI
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Pine Township Market Overview

Data through Jul 31, 2014
  • $375,700 ZHVI
  • 3.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $514,900 Median listing price
  • $489,000 Median sale price
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Pine Township Market Health

Data through Jul 31, 2014
  • 8.9/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.4 homes(Oct 31, 2012) Pine Township
1.1 homes Pittsburgh Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Adams Township $363,600 Marshall Township $333,700 Franklin Park $332,700
Bradfordwoods $308,000 Seven Fields $294,400 Cranberry Township $281,300
Mccandless Township $231,100 Richland Township $223,400 Hampton Township $220,600

Listings & Sales

Data through Jul 31, 2014
  • $156 Median list price / sq ft
  • $145 Median sale price / sq ft
  • 34.5% Listings with price cut
5.9%
Sold below listing
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Pine Township Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,769 Pine Township
$1,121 Pittsburgh Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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