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Southeast Allegheny News

Friday, November 1, 2024

Allegheny County home prices fell in the second half of 2022

Realestate4

The median sale price of a home sold in the second half of 2022 in Allegheny County fell by $900 while total sales decreased by 23.2%.

From July through December of 2022, there were 9,263 homes sold, with a median sale price of $199,000 - a 0.5% decrease from the $199,900 median sale price for the same period of the previous year. There were 12,065 homes sold in Allegheny County in the second half of 2021.

The median sales tax in Allegheny County for the most recent year with available data, 2022, was $420 approximately 0.2% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Allegheny County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$199900$199900$200000$200000$199000$199000

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