The story of this market
The typical home in ZIP 15216 sells for about $280,000, or $207 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,095 a month.
ZIP 15216 — Pittsburgh
The 15216 housing market remains stable with steady demand for single-family homes, driven by its proximity to downtown Pittsburgh and relative affordability. While inventory is sufficient to provide buyers with some negotiating power, the market continues to see modest year-over-year price appreciation. The area's appeal to commuters and families keeps the market resilient despite broader economic fluctuations.
This ZIP is ideal for commuters and young families who value a suburban feel with convenient transit access to downtown Pittsburgh. It also attracts investors looking for stable rental demand in established, walkable neighborhoods.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 7.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 15216, Allegheny County PA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 15216 area are generally consistent with urban residential neighborhoods in the Pittsburgh region, with property crime being the primary concern. Local law enforcement maintains a standard presence, and residents typically report feeling secure in the established suburban-style pockets.
The area is served by the Keystone Oaks and Mt. Lebanon school districts, which are generally regarded as providing solid educational outcomes. Schools in this region are often a primary draw for families seeking a balance between suburban amenities and proximity to the city.
The area faces standard regional risks, primarily related to heavy rainfall and potential localized flooding in low-lying areas near streams. Wildfire risk is negligible, and the housing stock is generally resilient to regional wind patterns.
Economic momentum is driven by the broader Pittsburgh healthcare and education sectors, with easy access to downtown employment hubs. Infrastructure improvements focus on maintaining the established transit corridors and local road networks that connect the South Hills to the city center.
Property taxes are levied by a combination of the municipality, Allegheny County, and the local school district. The rate structure is based on assessed value, with no state-level property tax, though local millage rates are among the higher tiers in the region.
Residents benefit from direct access to the Pittsburgh light rail (T) system and major arterial roads like Route 19, providing a relatively efficient commute to the downtown employment core. Most residents can reach the city center within 15-25 minutes depending on traffic.
The area features proximity to several community parks, including Dormont Park, and is within a short drive of the larger regional green spaces. Shopping and dining are concentrated along the commercial corridors of West Liberty Avenue and nearby Mt. Lebanon.
The rental market is characterized by steady demand from young professionals and students, with a mix of apartment complexes and converted single-family homes. Vacancy pressure remains low due to the area's affordability relative to the city center.
The economy is anchored by the broader Pittsburgh metropolitan area's strength in healthcare, education, and technology. Local employment is supported by a mix of small businesses and proximity to major regional employers in the South Hills.
The area is well-served by the Port Authority of Allegheny County's light rail system, which provides a critical transit link to downtown Pittsburgh. Major road corridors facilitate regional travel, though peak-hour congestion is common.
Development is primarily focused on infill projects and the revitalization of existing commercial properties along major transit routes. There are no major large-scale master-planned developments currently reported for this specific ZIP.
Parcels are subject to municipal, county, and school district taxes, with no significant MUD or PID districts reported. Utility districts are managed by local municipal authorities.
Property insurance premiums are generally stable, though homeowners should account for standard regional risks such as water damage and basement flooding common in older housing stock.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Kennywood4.39.8 mi
- Museum of Illusions Pittsburgh4.64.2 mi
- Dave & Buster's Pittsburgh - Homestead4.27.1 mi
- Dave & Buster's Pittsburgh - North Hills4.211 mi
- Sandcastle Water Park4.16.4 mi
- PNC Park4.84.3 mi
- PPG Paints Arena4.74.4 mi
- Acrisure Stadium4.74.1 mi
- Kennywood4.39.8 mi
- Phipps Conservatory and Botanical Gardens4.86.1 mi
- PNC Park4.84.3 mi
- Kennywood4.39.8 mi
- Pittsburgh Zoo & Aquarium4.59.1 mi
- Rivers Casino44 mi
- Phipps Conservatory and Botanical Gardens4.86.1 mi
- Kennywood4.39.8 mi
- Kamin Science Center4.44 mi
- Carnegie Museum of Natural History4.86.2 mi
- The Andy Warhol Museum4.64.5 mi
- Duquesne Incline4.73.6 mi
- Phipps Conservatory and Botanical Gardens4.86.1 mi
- Point State Park4.74 mi
- Pittsburgh Botanic Garden4.66.7 mi
- Schenley Park4.76.3 mi
- Frick Park4.88.1 mi
- Fox Chapel Yacht Club4.511.2 mi
- Sharpsburg Islands Marina4.59.3 mi
- Washington's Landing Marina4.66.1 mi
- McKee's Point Marina4.39.9 mi
- Beach Club Marina4.413.8 mi
- Topgolf Pittsburgh4.44.3 mi
- Quicksilver Golf Club4.512.7 mi
- Puttery4.84.9 mi
- Lindenwood Golf Club4.311 mi
- Grand View Golf Club3.910.1 mi
- Ross Park Mall4.410.6 mi
- South Hills Village4.43.5 mi
- The Mall at Robinson4.37.2 mi
- Bakery Square4.38.2 mi
- Pittsburgh International Airport4.312.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A central community park featuring recreational facilities and green space.
The primary commercial artery featuring local businesses, restaurants, and services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.