Pittsburgh Metro Housing Market Update - Week of October 26, 2026

Short answer: The Pittsburgh housing market is flattening. For the week of October 26, 2026, more homes sold (415, up from 395) and fewer came on the market (562, down from 575). Pending deals held steady at 566. The 30-year fixed rate dipped to 7.33% on Oct 26.

This is our weekly Market Watch. It covers homes on the residential MLS in six counties around Pittsburgh:

• Allegheny
• Westmoreland
• Washington
• Butler
• Beaver
• Fayette

Missed last week? Read the Pittsburgh housing market update for October 19, 2026. The week before is here: October 12, 2026.

The numbers this week

Here is how this week (Oct 26) compares to last week (Oct 19).

• Pending deals (contingent + under contract): 566. Last week it was 557.
• New listings: 562. Last week it was 575.
• Sold: 415. Last week it was 395.
• Price drops: 717. Last week it was 734.
• Expired: 202. Last week it was 193.
• Withdrawn: 102. Last week it was 136.
• Expired and withdrawn together: 304. Last week it was 329.

Mortgage rates this week

• 30-year fixed: 7.33% on Oct 26.
• One week before: 7.43% on Oct 19.

That is a drop of one tenth of a point. Rates are still in the 7s. For more on where rates sit, read Are 7.5% mortgage rates the new normal in Pittsburgh?

For illustration only. Not a loan offer or commitment to lend. Rates, payments, and terms depend on credit, income, loan program, and lender approval, and can change without notice. Buyers may need to qualify at the full note rate. Talk to a licensed lender for details.

What it means

More homes sold. Fewer came on. Pending held steady.

Here is the plain version:

• Sales picked up. 415 homes sold, up 20 from last week.
• New listings slowed a little. 562 came on, down 13. That is normal as fall goes on.
• Pending deals held steady. 566 is close to last week's 557. Buyers are signing deals at about the same pace.
• Fewer price drops. 717, down from 734.
• Fewer homes came off the market. 304 expired or were withdrawn, down from 329. Fewer sellers pulled their homes this week (102, down from 136), but a few more listings expired (202, up from 193).

Put it together and the market is flattening, not falling apart. Buyers are still out there. They are picky about price.

To see who has the edge right now, read Pittsburgh buyers vs sellers: September 2026.

What it means if you're selling

• Price it right the first time. 202 listings expired this week. A home that sits at a price buyers will not pay often ends up there.
• Look at pending deals near you. What is going under contract now in your town tells you more than what sold in the spring.
• Less new competition. With fewer new listings, a well-priced home stands out more.

For more, read 4 pricing mistakes in a flattening Pittsburgh market.

What it means if you're buying

• The pace is steady. Pending deals are about flat. Most homes are not getting swarmed.
• Look at homes that have sat. A home with a price drop may have more room to talk.
• Less to pick from. Fewer new listings means a home you like that is priced right can still move.
• Rates dipped a little. 7.33% is lower than 7.43% a week before. Small changes still change a payment, so talk to a licensed lender about your numbers.

Common questions

Is the Pittsburgh housing market slowing down in late October 2026?

It is flattening. For the week of Oct 26, sales rose from 395 to 415, new listings fell from 575 to 562, and pending deals held steady at 566 (557 last week).

Are home prices dropping in Pittsburgh?

There were 717 price drops this week, down from 734 last week. This report counts price drops, not average prices.

What are mortgage rates in Pittsburgh right now?

The average 30-year fixed rate was 7.33% on Oct 26, down from 7.43% on Oct 19, per the Mortgage News Daily daily index. Your own rate depends on your credit, loan type and lender.

How many Pittsburgh listings expired or were withdrawn this week?

304 in total: 202 expired and 102 were withdrawn. Last week it was 329 (193 expired, 136 withdrawn).

Is it a good time to sell a house in Pittsburgh?

Sales went up this week and fewer new listings came on. A home priced right from day one can still sell. A home priced high is more likely to sit.

What areas does this Pittsburgh housing market update cover?

Residential MLS data for Allegheny, Westmoreland, Washington, Butler, Beaver and Fayette counties.

Sources

• West Penn MLS residential data for Allegheny, Westmoreland, Washington, Butler, Beaver and Fayette counties, weeks of Oct 19 and Oct 26, 2026. Pending = contingent + under contract.
• Mortgage rates: average 30-year fixed, per the Mortgage News Daily daily index (Oct 19 and Oct 26, 2026).

We post these numbers every Monday so you can watch the trend.

Matt Durbin | eXp Realty
(412) 998-8896 | Broker: (888) 397-7352
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