The story of this market
The typical home in ZIP 15232 sells for about $680,000, or $315 per square foot.
Prices are up +36.91% 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 $1,415 a month.
ZIP 15232 — Pittsburgh
The 15232 housing market is experiencing strong appreciation, particularly in the luxury segment, driven by limited inventory and high demand for the Shadyside neighborhood. While median prices have surged, the market remains competitive for well-maintained properties. Rental demand remains robust due to the area's proximity to major medical and educational institutions.
This ZIP is ideal for professionals, academics, and affluent downsizers who prioritize walkability, proximity to major employment hubs, and a vibrant, historic urban atmosphere.
Median prices moved up 36.9% year over year.
Homes spend a median of 45 days on market with 3.2 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 1.9% · poverty 16.3% — 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 6.5%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 15232, Allegheny County PA
The Shadyside neighborhood within 15232 generally experiences lower violent crime rates compared to the broader Pittsburgh urban core, though property crime remains a standard urban concern.
The area is served by the Pittsburgh Public Schools district, which offers a mix of magnet and neighborhood schools; local educational quality is generally regarded as stable with access to nearby private institutions.
The area is primarily urban with low wildfire risk, though localized flooding can occur in low-lying areas near urban drainage systems; standard property insurance coverage is readily available.
Economic momentum is driven by the proximity to major medical and educational anchors like UPMC and Carnegie Mellon University, fueling demand for high-end residential and mixed-use redevelopment.
Property taxes are levied by Allegheny County, the City of Pittsburgh, and the Pittsburgh School District; the area is subject to standard municipal and school district millage rates without special MUD/PID assessments.
Residents benefit from excellent transit connectivity to Downtown Pittsburgh and the Oakland medical/university district via major corridors like Fifth and Ellsworth Avenues.
The ZIP features high walkability with immediate access to the Shadyside shopping district, Mellon Park, and proximity to the cultural amenities of the East End.
The rental market is highly competitive due to the influx of university students and medical professionals, maintaining low vacancy rates and consistent rent growth.
The economy is anchored by the 'Eds and Meds' sector, with UPMC and nearby Carnegie Mellon University serving as the primary drivers of employment and housing demand.
The area is well-served by Port Authority of Allegheny County bus routes, providing frequent transit access to Downtown and Oakland.
Development is characterized by adaptive reuse of historic structures and high-density residential infill projects.
Allegheny County utilizes a base-year assessment system for property tax purposes.
Parcels are subject to standard municipal, county, and school district tax levies.
Property insurance premiums are stable, reflecting the low-hazard urban environment.
Data retrieved from data.census.gov ZCTA 15232 profile.
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.
- Kennywood4.35.8 mi
- Museum of Illusions Pittsburgh4.64 mi
- Dave & Buster's Pittsburgh - Homestead4.23.1 mi
- Dave & Buster's Pittsburgh - North Hills4.28.2 mi
- Sandcastle Water Park4.13.7 mi
- PNC Park4.83.9 mi
- PPG Paints Arena4.73.1 mi
- Acrisure Stadium4.74.3 mi
- Kennywood4.35.8 mi
- Phipps Conservatory and Botanical Gardens4.81.1 mi
- Sri Venkateswara Temple4.86.8 mi
- PNC Park4.83.9 mi
- Kennywood4.35.8 mi
- Pittsburgh Zoo & Aquarium4.52.4 mi
- Rivers Casino44.7 mi
- Kennywood4.35.8 mi
- Kamin Science Center4.44.5 mi
- Carnegie Museum of Natural History4.81 mi
- The Andy Warhol Museum4.63.6 mi
- Duquesne Incline4.74.5 mi
- Phipps Conservatory and Botanical Gardens4.81.1 mi
- Point State Park4.74 mi
- Pittsburgh Botanic Garden4.612.8 mi
- Schenley Park4.71.2 mi
- Frick Park4.82 mi
- Fox Chapel Yacht Club4.54 mi
- Sharpsburg Islands Marina4.52.9 mi
- Washington's Landing Marina4.62.5 mi
- McKee's Point Marina4.37.7 mi
- Beach Club Marina4.416.7 mi
- Topgolf Pittsburgh4.411.5 mi
- Puttery4.83 mi
- Grand View Golf Club3.95.2 mi
- Edgewood Country Club4.65.4 mi
- South Park Golf Course3.69.5 mi
- Ross Park Mall4.47.5 mi
- South Hills Village4.49.9 mi
- Monroeville Mall47.4 mi
- The Mall at Robinson4.311.8 mi
- Bakery Square4.31 mi
- Pittsburgh International Airport4.316.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic park featuring gardens and walking paths.
A premier shopping and dining destination in Shadyside.
A major UPMC facility serving the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.