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Featured local agent — Carnegie, PA
Sarah Mitchell
Compass Real Estate · Carnegie, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carnegie, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Carnegie, PA housing market right now?
The median home sale price in Carnegie, PA is $230,000, down 0.4% year-over-year. Homes sell in an average of 57 days with 27 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carnegie a buyer's or seller's market?
Carnegie, PA is currently a leaning buyer's, based on 3.9 months of supply and homes selling in about 57 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
57
Average pace
Active listings
27
3.9 months supply
Sale-to-list
95.7%
Below asking
What does the Carnegie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $252,450 |
| Year-over-year price change | -0.4% |
| Average days on market | 57 days |
| Active inventory | 27 listings |
| Months of supply | 3.9 months |
| Sale-to-list price ratio | 95.7% |
| Median price per sq ft | $140/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 14 |
| Listings with a price cut | 11.1% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Carnegie by property type?
How the Carnegie, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,000 | $140/sq ft | 7 | 57 days |
| Townhouse | $265,900 | $188/sq ft | 1 | 50 days |
Source: Redfin · Updated monthly
The Carnegie housing market is currently classified as a leaning buyer's with a median sale price of $230,000. Prices have fallen 0.4% compared to last year, with homes spending an average of 57 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Carnegie
There are currently 27 homes listed for sale in Carnegie, Pennsylvania. The median listing price is $252K.
Active listings
27
Homes on market
Median list price
$252K
Avg. days on market
57
Days until sale
New this week
14
Newly listed
Who lives in Carnegie?
Population
8,015
Median income
$62,327/yr
Median age
41.7 years
Owner-occupied
53.1%
College grads
35.7%
Avg commute
25 min
Source: U.S. Census Bureau ACS
What are homes worth in Carnegie?
Zillow home value
$231,466
Zillow rent index
$1,343/mo
Price-to-rent ratio
14.4x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Carnegie?
Carnegie is a community of approximately 8K residents with a median age of 41.7 years.The median household income is $62,327, which represents a working-class community with solid middle-income opportunities. 35.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 53.1%, showing a blend of owner and renter-occupied properties. The average commute time is 25 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Carnegie offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carnegie?
2 schools tracked · 1,038 students
The largest public schools serving Carnegie, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Carlynton JSHS
Grades 7-12 · 637 students
Carnegie El Sch
Grades K-6 · 401 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Carnegie, PA?
Want a head-to-head view? Compare Carnegie side-by-side with any other U.S. city using our market-comparison tool.
Is Carnegie a good real estate investment market?
For investors evaluating Carnegie, the price-to-rent ratio of 14.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 0.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Carnegie's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Carnegie's median home price.
Frequently asked questions
What is the average home price in Carnegie?
The median home sale price in Carnegie is $230,000, down 0.4% from last year.
How long do homes stay on market in Carnegie?
Homes typically spend 57 days on market before going under contract.
What is the median income in Carnegie?
The median household income is $62,327 per year.
Is Carnegie a buyer's or seller's market?
With 3.9 months of supply, Carnegie is currently a leaning buyer's.
What is the Zillow home value estimate for Carnegie?
The Zillow Home Value Index (ZHVI) for Carnegie is $231,466, representing the typical home value in the area.
How much does a single-family home cost in Carnegie?
The median single-family home price in Carnegie, PA is $230,000 (about $140 per square foot).
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