Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 1,240,476 ↓ 0.8% since 2020 |
| Median Household Income | $76,393 2% above national median |
| Median Home Value | $216,700 |
| Unemployment Rate | 4.9% |
| Median Age | 40.6 years |
| Housing Vacancy Rate | 9.6% |
| Total Land Sales (Past 12 Months) | 188 transactions |
| Active Listings | 184 properties |
| Avg Days on Market | 224 days |
Rural Land Sales (1+ Acres) (Nov 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $36,422 |
| Recent Sales | 54 transactions |
| Avg Days on Market | 245 days |
| Avg Parcel Size | 4.20 acres |
| Active Listings | 52 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 3.70 | $40,000 | $10,814 | Pittsburgh |
| Feb 2026 | 1.47 | $98,000 | $66,617 | Imperial |
| Feb 2026 | 3.10 | $950,000 | $306,452 | Pittsburgh |
| Jan 2026 | 2.56 | $45,000 | $17,578 | Pittsburgh |
| Dec 2025 | 2.19 | $30,000 | $13,699 | Tarentum |
| Dec 2025 | 1.84 | $205,800 | $111,860 | Pittsburgh |
| Dec 2025 | 4.23 | $154,900 | $36,619 | Buena Vista |
| Dec 2025 | 1.00 | $10,000 | $10,000 | Pittsburgh |
| Nov 2025 | 1.84 | $55,000 | $29,921 | Imperial |
| Nov 2025 | 2.00 | $750,000 | $375,000 | Wexford |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $42,500 |
| Recent Sales | 134 transactions |
| Avg Days on Market | 216 days |
| Avg Parcel Size | 0.30 acres |
| Active Listings | 132 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.59 | $245,500 | Glenshaw |
| Mar 2026 | 0.04 | $32,500 | Pittsburgh |
| Mar 2026 | 0.04 | $32,500 | Pittsburgh |
| Mar 2026 | 0.08 | $140,000 | Pittsburgh |
| Feb 2026 | 0.86 | $50,000 | New Kensington |
| Feb 2026 | 0.73 | $330,000 | Pittsburgh |
| Feb 2026 | 0.05 | $90,000 | Pittsburgh |
| Feb 2026 | 0.05 | $90,000 | Pittsburgh |
| Feb 2026 | 0.92 | $125,000 | Gibsonia |
| Feb 2026 | 0.50 | $20,000 | Allison Park |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 1,240,476 |
| Population (2020) | 1,250,578 |
| Population Growth | -0.81% |
| Median Household Income | $76,393 |
| Median Home Value | $216,700 |
| Total Housing Units | 604,558 |
| Vacant Housing Units | 58,051 |
| Housing Vacancy Rate | 9.6% |
| Median Age | 40.6 |
| Bachelor's Degree or Higher | 234,058 (18.9%) |
| Unemployment Rate (BLS) | 3.4% |
Market Overview
Allegheny County, Pennsylvania has a population of 1,240,476, which has declined 0.81% since 2020. The median household income is $76,393, above the national median of $74,580 by 2.4%. With a median home value of $216,700 and an unemployment rate of 3.4%, the local economy is strong. The housing vacancy rate of 9.6% suggests balanced market conditions. Allegheny County remains a key area for land acquisition in Pennsylvania. Recent rural land sales show a median price of $36,422 per acre, with properties averaging 4.20 acres. There are currently 184 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Allegheny County, Pennsylvania?
As of the 2023 American Community Survey, Allegheny County has a population of 1,240,476. The county has declined 0.81% since the 2020 Census.
What is the median household income in Allegheny County?
The median household income in Allegheny County is $76,393, which is 2.4% above the national median of $74,580.
Is Allegheny County growing or shrinking?
Allegheny County is shrinking. The population has declined 0.81% since 2020.
What is the housing market like in Allegheny County?
The median home value in Allegheny County is $216,700. The housing vacancy rate is 9.6%, which suggests balanced market conditions. The unemployment rate is 3.4%, indicating a strong local economy. Recent rural land sales (1+ acres) show a median price of $36,422 per acre. Suburban/urban lots under 1 acre have a median lot price of $42,500.
Does Reelvest buy land in Allegheny County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Allegheny County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.