Home Values

15206 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$115,200

  • 1.2% 1-year change
  • 2.0% 1-year forecast

The median home value in 15206 is $115,200. 15206 home values have gone up 1.2% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in 15206 is $135, which is higher than the Pittsburgh average of $88. The median price of homes currently listed in 15206 is $239,900 while the median price of homes that sold is $188,050. The median rent price in 15206 is $1,240, which is higher than the Pittsburgh median of $1,095.

Foreclosures will be a factor impacting home values in the next several years. In 15206 1.6 homes are foreclosed (per 10,000). This is lower than the Pittsburgh value of 2.5 and also lower than the national value of 4.2

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 15206 is 3.0%, which is lower than the national value of 6.4%. 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 15206 homeowners underwater on their mortgage is 10.7%, which is lower than Pittsburgh at 12.2%.

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Relative ZHVI
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15206 Market Overview

Data through Nov 30, 2014
  • $115,200 ZHVI
  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $239,900 Median listing price
  • $188,050 Median sale price (Oct 31, 2014)
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15206 Market Health

Data through Nov 30, 2014
  • 3.2/10 Less healthy
    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
  • 10.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.6 homes(Oct 31, 2014) 15206
2.5 homes Pittsburgh
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
15232 $332,300
15217 $266,800
15215 $201,200
Name Median ZHVI
15213 $127,000
15218 $117,400
15223 $100,000

Listings & Sales

Data through Nov 30, 2014
  • $135 Median list price / sq ft
  • $140 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
4.6%
Sold below listing
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15206 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,123 15206
    $1,028 Pittsburgh
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,240 Rent list price
  • No data Rent list price / sq ft
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