15201 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

Market Temperature: WarmWhat'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 zip code relative to other zip codes in the same metropolitan area. A particular zip code 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 list price per square foot in 15201 is $118, which is higher than the Pittsburgh average of $94. The median price of homes currently listed in 15201 is $169,000 while the median price of homes that sold is $164,762. The median rent price in 15201 is $1,200, which is the same as the Pittsburgh median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In 15201 2.3 homes are foreclosed (per 10,000). This is greater than the Pittsburgh value of 0.3 and also lower than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 15201 is 2.3%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 15201 homeowners underwater on their mortgage is 14.0%, which is higher than Pittsburgh at 11.2%.

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Relative ZHVI
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15201 Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $169,000 Median listing price
  • $164,762 Median sale price
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15201 Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 14.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.3 homes(Nov 30, 2012) 15201
0.3 homes Pittsburgh
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
15232 $321,600 15209 $135,800 15213 $122,200
15206 $117,700 15223 $105,000  

Listings & Sales

Data through Jul 31, 2014
  • $118 Median list price / sq ft
  • $111 Median sale price / sq ft
  • 39.3% Listings with price cut
12.9%
Sold below listing
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15201 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
$1,136 15201
$1,052 Pittsburgh
$1,318 United States
  • 2.0 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)
  • $1,200 Rent list price
  • No data Rent list price / sq ft
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