Pittsburgh - PA vs Austin - TX: 2026 Housing Comparison

What this means for buyers

Austin - TX is roughly 82% more expensive than Pittsburgh - PA in typical home value. Homes sit on market longer in Austin - TX (60 days vs 15), suggesting more buyer leverage there.

Pittsburgh vs Austin: what the numbers say

At today's 7.32% average 30-year rate with 20% down, the typical home would cost about $1,254 a month in principal and interest in Pittsburgh and $2,277 in Austin, a gap of $1,023 a month.

Typical rent runs $1,467 in Pittsburgh and $1,603 in Austin, so the mortgage payment alone is 0.9 times rent in Pittsburgh and 1.4 times rent in Austin, before taxes and insurance.

Home prices are 13.0 years of rent in Pittsburgh and 21.5 in Austin; the lower ratio in Pittsburgh means buying there is cheaper relative to renting.

Over the last 23 months typical values moved +2.2% in Pittsburgh and -9.8% in Austin; over just the last three months the change was +0.3% in Pittsburgh and -0.1% in Austin.

Homes sell for 98.3% of list price in Pittsburgh and 97.3% in Austin, after 15 and 60 days on the market, with price cuts on 30% and 30% of listings. The signs are mixed: Pittsburgh has more price cuts, while Austin has longer time on the market and sales further below list.

The number of homes for sale is up 13% on a year ago in Pittsburgh and down 3% on a year ago in Austin.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-22), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.