Pittsburgh's Richest Neighborhoods | Top 3 From 2023

Pittsburgh's Richest Neighborhoods

The Richest Neighorhood In Pittsburgh - Updated for 2023

Shadyside is Pittsburgh's richest neighborhood.

Other Rich Neighborhoods in Pittsburgh, PA

In order, the top 3 most rich neighborhoods in Pittsburgh are Shadyside, Downtown/Strip District, and Squirrel Hill. Other than downtown, most of the "rich" areas are adjacent and cement the east end as a prime location for wealth in Pittsburgh. These areas have some of the most expensives homes in Pittsburgh with luxury home prices over 1 million dollars.

The Most Expensive Neighborhood In Pittsburgh

The most expensive neighborhood in Pittsburgh is Point Breeze (for most people). The typical sales price of a home in Point Breeze ranges from $480,000 to $700,000. This is significantly higher than other Pittsburgh neighborhoods.

Other instances of Pittsburgh's most expensive neighborhoods are East Liberty, Squirrel Hill, Downtown/Strip District, Squirrel Hill, and Shadyside.

How to Determine Richness

There are so many ways to determine the rich neighborhoods in Pittsburgh, but this is a real estate website, so we will use real estate sales data. We define "rich" as the purchase of luxury properties. Luxury homes are usually the top 5% most expensive properties in an area. 

Looking at all the sales data for 2023, we can see that over 2000 homes listed on the WestPenn MLS sold within the Pittsburgh city limits. Taking the top 5% of each neighborhood and sorting from top to bottom, we can find the sales prices where luxury properties start in each neighborhood.

Data for Pittsburgh: Richest Neighborhoods and Most Expensive Neighborhoods

Below is the data for neighborhoods where ten or more properties sold in 2023 (up until November 15th).

  • The "Luxury Sales Price" represents the 95th percentile sales price and above. Above this price is a "rich" property. Note that some neighborhoods do not have luxury properties, so this value really represents the beginning of the most expensive properties in an area.
  • The "Typical Sales Price" represents the 35th to 65th percentiles. This price is what most people can expect to pay when buying a property in a neighborhood.
  • The "Number Sold" is the number of properties sold in 2023 in a neighborhood.
NeighborhoodLuxury Sales PriceTypical Sales Price (low)Typical Sales Price (high)Number Sold
Shadyside $1,250,000 $313,500 $568,000 145
Downtown/Strip District $1,205,000 $387,700 $521,625 108
Squirrel Hill $1,189,614 $394,900 $597,900 183
Point Breeze $1,084,375 $479,800 $701,050 58
East Liberty $895,200 $442,600 $636,000 37
Highland Park $823,400 $358,653 $500,373 59
Mt Washington $758,550 $220,100 $336,754 114
Lawrenceville $739,950 $324,910 $438,600 167
Friendship Park $734,500 $303,500 $485,000 18
Polish Hill $696,600 $157,000 $378,900 13
Central North Side $649,887 $285,750 $425,855 64
Oakland $603,750 $220,000 $310,500 86
South Side $500,000 $217,250 $327,275 148
Manchester $484,550 $313,750 $360,000 18
Bloomfield $469,005 $230,000 $315,000 45
Morningside $451,500 $230,310 $315,950 40
Fineview $424,400 $168,400 $228,000 13
Garfield $414,488 $159,750 $320,750 32
East Allegheny $384,000 $120,000 $302,400 13
Observatory Hill $364,125 $121,300 $181,715 40
Stanton Heights $362,250 $230,000 $284,945 38
Greenfield $350,000 $190,000 $250,000 81
Banksville/Westwood $343,000 $182,569 $232,500 85
Brighton Heights $336,900 $156,250 $220,025 88
Troy Hill $328,050 $90,000 $150,500 30
Brookline $312,500 $177,750 $214,000 171
Spring Hill $308,900 $119,800 $193,350 23
Hill District $301,250 $50,000 $160,000 14
Perry Hilltop $298,050 $74,300 $152,500 20
Elliott $280,000 $60,451 $130,945 28
Crafton Heights $261,050 $164,905 $187,280 44
Overbrook $254,200 $165,800 $190,000 33
Hazelwood $250,910 $80,750 $152,800 19
Beechview $250,000 $155,250 $191,375 66
Carrick $236,250 $87,500 $138,250 116
Lincoln Place $233,000 $128,000 $165,000 41
Bon Air $223,000 $129,410 $149,000 13
Summer Hill $200,000 $115,000 $159,000 11
Sheraden $190,500 $72,600 $148,000 60
Lincoln-Larimer $189,000 $59,100 $95,200 23
Mt Oliver $179,900 $60,750 $90,000 39
Arlington $171,500 $73,500 $104,750 16
Knoxville $170,345 $40,000 $63,250 22
Marshall Shadeland $166,550 $45,200 $107,350 27
Homewood-Brushton $158,800 $40,405 $99,550 19
Allentown $157,000 $31,200 $95,736 13

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