Lawrenceville

Pittsburgh, PA

Neighborhood Market Analysis

Q3 2025 Report
$430,000 (Lower Lawrenceville, June 2025)
Median Home Price
85-90 (Very Walkable)
Walkability Score
Public schools are average to below average; some families opt for charter or private options.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by the Allegheny River to the north, 33rd Street to the west, Penn Avenue to the south, and 57th Street to the east. Subdivided into Lower, Central, and Upper Lawrenceville.

Zip Codes

15201

Market Data Summary

Price Range$307,000 (2-bed) to $570,000 (4-bed) as of March 2025
Price per Sq Ft$256 (Lower Lawrenceville, June 2025)
Inventory Levels111 homes for sale in June 2025, up 7.8% MoM[3].

Property Characteristics

Home Types & Architecture

Home Types

RowhousesTownhomesSingle-family homesCondosConverted industrial lofts

Architectural Styles

VictorianItalianateCraftsmanContemporary infill

Property Details

Typical Lot SizesSmall urban lots, often under 0.1 acre
Home Age RangeLate 1800s to early 1900s (historic), plus new construction and renovated properties
Construction QualityMix of historic craftsmanship and modern renovations; many homes feature energy-efficient upgrades and smart home features[1].

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of young professionals, artists, families, and long-term residents; population skews younger due to proximity to tech and healthcare employers.

Community Vibe

Trendy, creative, and energetic; strong sense of local pride; active neighborhood associations; vibrant arts and food scene.

Typical Residents

  • Young professionals
  • Artists/creatives
  • Tech workers
  • Families
  • Retirees

Family Friendly

Moderately family-friendly; more so in Upper Lawrenceville; parks and playgrounds available but urban density and nightlife may be less ideal for some families.

Amenities & Lifestyle

Parks & Recreation

  • Arsenal Park
  • Leslie Grove Park
  • Allegheny Cemetery (historic green space)

Dining Options

  • Acclaimed restaurants (e.g., Morcilla, Piccolo Forno, The Vandal)
  • Craft breweries
  • Trendy bars

Shopping Centers

  • Small local retail clusters; no major malls but strong independent retail presence

Local Businesses

  • Boutique shops
  • Art galleries
  • Coffee shops
  • Fitness studios

Education & Schools

Public schools are average to below average; some families opt for charter or private options.
Overall School Rating

Elementary Schools

  • Arsenal Elementary

Middle Schools

  • Arsenal Middle

High Schools

  • Pittsburgh Milliones 6-12 (University Prep)

Private Schools

  • St. Maria Goretti School (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Port Authority bus routes (54, 91, 93, 64)

Major Roads

  • Butler Street
  • Penn Avenue
  • Liberty Avenue

Commute & Walkability

Commute Times10-15 minutes to Downtown Pittsburgh by car or bus; 20-30 minutes by bike.
WalkabilityExcellent; most daily needs within walking distance.
ParkingStreet parking can be challenging, especially evenings and weekends; some homes have off-street parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Tech and healthcare workers
  • Investors
  • Urban lifestyle seekers

Key Selling Points

  • Vibrant dining and arts scene
  • Walkability
  • Historic charm with modern updates
  • Strong appreciation potential

Pricing Considerations

Homes priced competitively and staged well often sell above asking; underpricing can spark bidding wars.

Common Objections & Response Strategies

Objection: Parking is difficult.

Response Strategy:

Highlight homes with off-street parking or proximity to public transit and bike lanes.

Objection: Schools are average or below average.

Response Strategy:

Discuss nearby charter/private options and the neighborhood’s enrichment opportunities.

Objection: Noise from nightlife and traffic.

Response Strategy:

Show quieter side streets and homes with upgraded windows; emphasize vibrant community atmosphere.

Objection: Affordability concerns for first-time buyers.

Response Strategy:

Point to smaller homes/condos, potential for appreciation, and first-time buyer programs.

Investment Insights

Investment Potential

Appreciation Potential

Strong; consistent YoY price growth (1.2%-9.3% depending on subarea)[4].

Rental Demand

High; popular with young professionals and students.

Buyer Competition

Intense; 50% of homes sold over asking in May 2025[3].

Best For

  • Investors seeking appreciation
  • Buyers wanting walkable urban lifestyle
  • Young professionals
  • Small families

Potential Concerns

  • Affordability for first-time buyers
  • Parking limitations
  • School quality

Professional Recommendations

1

Educate buyers on fast-moving market and need for strong offers.

2

Network with local businesses and community groups to stay informed on developments.

3

Stage homes to highlight historic features and modern upgrades.

4

Price competitively to drive interest and potential bidding wars.

5

Prepare buyers for parking and school quality discussions.

6

Leverage social media and virtual tours to reach remote buyers.

Competitive Analysis

Comparable Markets

  • Shadyside
  • Bloomfield
  • East Liberty

Market Positioning

Trendy, walkable, and historic urban neighborhood with strong appreciation and lifestyle appeal.

Competitive Advantages

  • Stronger arts/dining scene than Bloomfield
  • More affordable than Shadyside
  • Better walkability and historic charm than East Liberty

Price Comparison

Median prices higher than Bloomfield, lower than Shadyside; similar to East Liberty but with more historic housing stock.

Investment Metrics

4.5%-5.5% typical for renovated rowhouses/duplexes (2025 est.)
Cap Rates
5%-6% gross yields for well-located properties
Rental Yields
18-20 (indicative of strong appreciation but moderate cash flow)
Price-to-Rent
Positive for multi-units and well-priced single-families; tight margins on high-end flips.
Cash Flow
3%-6% annual appreciation expected through 2026[1][2][4].
Appreciation

Buyer Journey Insights

First-Time Buyers

Competitive market; need to act quickly and may need to compromise on size or parking.

Move-Up Buyers

Good options for those seeking more space or upgraded amenities; strong resale value.

Downsizers

Appealing for those seeking walkability and low-maintenance living; condos and renovated rowhouses are options.

Investors

High rental demand and appreciation; focus on renovated or multi-unit properties.

Relocators

Attractive for those moving from higher-cost cities; vibrant lifestyle and strong community appeal.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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