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Pittsburgh has been labeled by Forbes as the “poster child for managing industrial transition.” As Pennsylvania's second largest city, Pittsburgh has survived and flourished in the post factory age by cultivating itself into a hub for technology, research, and advanced medical care while maintaining its identity as an approachable, friendly destination for easy living. Due to a comparatively low cost of living to other urban centers, Pittsburgh has been ranked as the most livable city in the United States, a top 10 destination to retire, top destination for Millennials, and also entrepreneurs.
Major tech companies including Google, Apple, and IBM have bases of operation in Pittsburgh as corporations continue to renovate and set up shop in defunct factories further contributing to Pittsburgh’s already booming economy.
Pittsburgh is one of the few areas of the country that not only avoided plummeting market values for houses, but actually also experienced a significant uptick in sales prices as the city continues to experience a renaissance. In fact, residents of Pittsburgh are able to enjoy one of the most stable housing markets in the United States. Zillow places the median home value index at $90,500. In normal Pittsburgh neighborhoods, including Middle Hill and West Oakland, Zillow places median home value at an affordable $51,700 and $76,500 respectively. In Southside Flats, a highly affluent area, the median is $174,900.
A Pittsburgh Real Estate Overview from ZillowRenting to own in Pittsburgh, PA
As a friendly, livable city with relatively low property costs, Pittsburgh is an ideal destination for anyone looking to build a future or retire in comfort. The city offers many opportunities in a bustling job market as well as unique perks and benefits including some of the nation’s best healthcare and research facilities and competitive public schools and universities. If you’re looking for an urban environment with the appeal and comfort of a small town, Pittsburgh awaits you.
Find more details on Pittsburgh's walkability on WalkScore's Pittsburgh, PA page.
Latest Pittsburgh Real Estate and Business News
The Pittsburgh Post Gazette: Why is Pittsburgh Being Called the New Darling Destination?
The Pittsburgh Post Gazette: Unemployment Down in June For Pittsburgh Region
The Pittsburgh Post Gazette: Making the Move to DowntownCulture and Points of Interest
The city of Pittsburgh takes relaxation and recreation very seriously. Pittsburgh has more bars per capita than any other city in US. Located at the confluence of the Allegheny, Ohio, and Monongahela rivers, boating and riverside festivals are a large part of Pittsburgh culture. Pittsburgh also has many notable museums including the Andy Warhol Museum, Carnegie Museum of Natural History which is ranked 4th in the nation on the subject, and the ToonSeum one of only three major museums dedicated to cartoon art.