15233 Home Prices & Values

$110,300 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

  • 27.2% 1-year change
  • 6.1% 1-year forecast

The median home value in 15233 is $110,300. 15233 home values have gone up 27.2% over the past year and Zillow predicts they will rise 6.1% within the next year. The median price of homes currently listed in 15233 is $224,900. The median rent price in 15233 is $725, which is lower than the Pittsburgh median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In 15233 9.5 homes are foreclosed (per 10,000). This is greater than the Pittsburgh value of 0.3 and also greater 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 15233 is 7.1%, which is higher 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 15233 homeowners underwater on their mortgage is 11.4%, which is higher than Pittsburgh at 11.2%.

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Relative ZHVI
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15233 Market Overview

Data through Jul 31, 2014
  • $110,300 ZHVI
  • 6.1% 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)
  • $224,900 Median listing price
  • No data Median sale price
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15233 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
  • 11.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

9.5 homes(Sep 30, 2012) 15233
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
15222 $257,700 15220 $135,500 15214 $92,600
15211 $88,200 15212 $74,800 15204 $66,700

Listings & Sales

Data through Jul 31, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 16.7% Listings with price cut
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15233 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
$1,145 15233
$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)
  • $725 Rent list price
  • No data Rent list price / sq ft
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