Summary
Pittsburgh is recognized as the most affordable large city for housing in the U.S., with a median home price significantly below the national average. The city offers a strong job market and homeownership incentives, making it attractive to homebuyers.
Key Facts
- Pittsburgh is named the most affordable large city for housing in the U.S.
- Median home price in Pittsburgh is $250,000, over $150,000 below the national average.
- The city's homeownership rate is 69.5%, higher than the national average.
- Pittsburgh has a strong job market, especially in technology, healthcare, and robotics.
- There are incentives and grants available to help first-time homebuyers with costs.
- Pittsburgh's population increased by over 4,700 residents since 2020.
- There are 5,842 homes for sale in Pittsburgh, providing buyers with many options.
- Other affordable cities include Decatur, Illinois, and Enid, Oklahoma, but they have smaller job markets compared to Pittsburgh.