The Greater Pittsburgh housing market is on the mend. It might be a bold statement, but the numbers back it up.
Over the last year, homes values have increased in Moon Township (up by 6.8%), Adams Township (up by 6.9%), Sewickley (up by 7.4%), Franklin Park (up by 8.6%) and Cranberry Township (up by 8.8%).
Housing demand is obviously increasing, especially in Butler, which grew by 5.62% between 2000 and 2010 and Washington, which grew by 2.43% during that time.
Pittsburgh homes in Butler and Washington are worth an average of $245,000 and Allegheny County homes come pretty close at an average of $200,000.
Out of the top 25 biggest U.S. cities, Pittsburgh comes in at 8th most affordable; not too shabby! New homes are cropping up constantly here, and what's more is their convenient locations; 60% or more of the populations of Allegheny, Butler and Washington Counties have work commutes of 30 minutes or less.
Another thumbs-up for us is that out of thousands of cities in the country, Pittsburgh is the 2nd most livable, not to mention the 30th most livable in the entire world.
Forbes magazine will also tell you that the 'Burgh is one of the most recession-proof cities in the U.S., sliding in at 6th, and we are among 10 cities where real estate is bouncing back.
Heartland Homes alone sold 458 homes in Pittsburgh last year, and it's no wonder: We're the 8th best city to raise a family!
An infographic version of the video above can be found on Heartland's new home blog.
