Pittsburgh sellers reduce prices on nearly half of homes at $249K median

Price reductions swept through 48% of Pittsburgh’s housing inventory during the week ending Nov. 7, 2025, as the metro maintained its position as Pennsylvania’s most affordable major market with a $249,000 median list price.

The widespread price adjustments come even as Pittsburgh homes already trade at steep discounts to both state and national levels. The metro’s median list price sits 23% below Pennsylvania’s $325,000 median and 42% below the national median of $432,980.

Inventory builds as sellers adjust expectations

Pittsburgh’s active inventory reached 4,568 homes, with 362 new listings entering the market during the tracked week. Despite the influx of fresh supply, the metro absorbed 507 properties, maintaining a 2.3-month supply that keeps conditions in seller territory.

The price-per-square-foot metric reinforces Pittsburgh’s affordability advantage at $169.2, compared to $185.2 statewide and $212.3 nationally. Only 0.5% of sellers raised prices during the period, while 8.7% of properties returned to market after being previously delisted.

Transaction pace outperforms broader markets

Properties in Pittsburgh sold in a median 56 days, moving 21 days faster than the 77-day national pace and seven days quicker than Pennsylvania’s 63-day median. The accelerated timeline suggests buyers respond to value opportunities when pricing aligns with market expectations.

The metro’s months of supply at 2.3 also edges below both the state’s 2.3-month inventory and the national 2.5-month level, indicating relatively tighter conditions despite the high percentage of price cuts.

What to watch in Pittsburgh’s evolving market

Monitor the 48% price-cut rate as a leading indicator of seller sentiment. Track whether the 507 weekly absorption rate holds steady against the 362 new listings pace. Watch the 56-day median days on market for signs of acceleration or deceleration in buyer response times.

Use Pittsburgh’s $249,000 median price benchmark to gauge affordability shifts in Pennsylvania’s second-largest metro. Leverage the 2.3 months of supply metric to anticipate whether seller conditions persist through winter months. Share the $169.2 price-per-square-foot data with clients comparing value across Pennsylvania markets.

HousingWire used HW Data to source this story. To see what’s happening in your own local market, generate a housing market report. For enterprise clients looking to license the same market data at a larger scale, visit HW Data.