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Real Estate Prices & Overview

Homewood South median real estate price is $113,016, which is less expensive than 89.7% of Pennsylvania neighborhoods and 92.3% of all U.S. neighborhoods.

The average rental price in Homewood South is currently $891, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.8% of Pennsylvania neighborhoods.

Homewood South is an urban neighborhood (based on population density) located in Pittsburgh, Pennsylvania.

Homewood South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Homewood South neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Homewood South. The current real estate vacancy rate here is 39.1%. This is higher than the rate of vacancies in 97.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

The Homewood South neighborhood stands out for having an average per capita income lower than 98.7% of the neighborhoods in the United States.

In addition, one of the most interesting things about the Homewood South neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.5% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.9% of the neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (19.9% ride the bus) than 98.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Real Estate

Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 39.1% of the residential real estate vacant, the Homewood South neighborhood claims the distinction of having a higher vacancy rate than 97.4% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, if you love row houses and attached homes, you will probably really like the Homewood South neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 27.4% of the residential real estate here is classified as row houses and attached homes.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 57.3% of the residential real estate in the Homewood South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Homewood South neighborhood have a highly unusual car ownership. 19.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.2% of U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Homewood South neighborhood in Pittsburgh are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.7% of U.S. neighborhoods. With 48.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.3% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Homewood South neighborhood, 37.6% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.1%), and 15.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Homewood South neighborhood is English, spoken by 98.8% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Homewood South neighborhood in Pittsburgh, PA, residents most commonly identify their ethnicity or ancestry as Italian (2.2%). There are also a number of people of Polish ancestry (2.0%), and residents who report Sub-Saharan African roots (1.6%), and some of the residents are also of African ancestry (1.6%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Homewood South neighborhood spend under 15 minutes commuting one-way to work (47.3% of working residents), one of the shortest commutes across America.

Here most residents (68.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (19.9%) and 7.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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