Why do they call it the Strip District?
The Name. “The Strip,” as locals call it, is just that – a narrow strip (one-half mile) of land between the Allegheny River and a mountain of a hill.
Is now a good time to buy a house in Pittsburgh?
The typical home value of homes in Pittsburgh Metro is $203,384. Pittsburgh Metro home values have gone up 13.5% over the past year and Zillow predicts they will rise 16.3% in the next year. Allegheny County home values have gone up 13.3% over the past year (current value = $217,075) and will continue to rise in 2022.
Is the housing market slowing down in Pittsburgh?
Sellers Are Reducing Prices
In Pittsburgh, PA, 19.7% of homes for sale had a price drop in May, up from 12.9% in May 2021. A report by Moody’s Analytics stated that housing prices could come down by up to 10% in the next 12 months in many cities around the country.