The story of this market
The typical home in ZIP 15050 sells for about $225,000, or $145 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 96 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,524 a month.
ZIP 15050 — Hookstown
The Pittsburgh market, including ZIP 15050, shows steady price appreciation despite slower transaction volumes. High inventory levels provide buyers with significant negotiating power, while rental demand remains supported by local employment and university presence. Market conditions are characterized by moderate growth and a balanced outlook for the coming quarters.
Median prices moved up 4.5% year over year.
Homes spend a median of 96 days on market with 4.2 months of supply — a balanced-paced market.
12% 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 6.8% · poverty 9.1% — 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 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 15050, 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.
Data retrieved from Census Bureau ZCTA-level tables and local market portal aggregates.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.