What is the Best Neighborhoods USA ranking for Homewood North?
Homewood North is ranked #76 of 83 eligible neighborhoods in Pittsburgh; #363 of 382 eligible neighborhoods in PA; and #14,370 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Homewood North
Pittsburgh, PA | Allegheny County
Scored premium profile
Best Neighborhoods USA Index
23.4
Stability and Strength
17.0
Value Opportunity
45.3
Momentum
2.9
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Pittsburgh, PA |
| County | Allegheny County |
| National rank | #14,370 of 14,967 |
| State rank | #363 of 382 |
| City rank | #76 of 83 |
| County rank | #76 of 83 |
| National percentile | 4.0 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $59,190 |
| Year-over-year home value change | -24.1% |
| Month-over-month home value change | -0.54% |
| Home value to income ratio | 1.37 |
| Median household income | $43,137 |
| Bachelor's degree or higher | 12.1% |
| Civilian unemployment rate | 15.5% |
| Homeownership rate | 49.4% |
| Housing vacancy rate | 29.8% |
| Rent burden 30% or higher | 53.3% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Homewood North
Is Homewood North one of the best neighborhoods in Pittsburgh?
Homewood North has a Best Neighborhoods USA Index of 23.4 and a city ranking of #76 of 83 eligible neighborhoods in Pittsburgh.
How much are homes worth in Homewood North?
The current Zillow Home Value Index for Homewood North is approximately $59,190.
Are home values rising or falling in Homewood North?
Zillow neighborhood values changed -24.1% year over year and -0.54% month over month.
What is the Neighborhood Momentum Score for Homewood North?
Homewood North has a Neighborhood Momentum Score of 2.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Homewood North?
The NDS-derived neighborhood median household income is approximately $43,137.
How affordable is Homewood North relative to household income?
The current Zillow home-value-to-household-income ratio is 1.37. Price-to-income affordability is a major Value Opportunity input.
Is Homewood North primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 49.4%.
What is the unemployment rate in Homewood North?
The NDS-derived civilian unemployment rate is approximately 15.5%.
How educated are residents of Homewood North?
Approximately 12.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Homewood North face high rent burden?
Approximately 53.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Homewood North?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications44
Estimated originations16
Home-purchase applications7
Origination rate36.2%
Home-purchase share16.8%
Average application loan$71,298
Total application loan amount$3,102,212
National application rank#7,795 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 31.2% YoY; originations 18.2% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.