Market Overview
Home Prices in Carnegie, PA
The median home value in Carnegie, PA is $231,466 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.4% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carnegie are priced44% below average. Carnegie is part of the Pittsburgh, PA metro area.
Over the past five years, Carnegie home values have risen by approximately16.5%, reflecting steady appreciation in this market.
Price History
Carnegie Home Price Trend
City Comparison
Carnegie vs. National Median
At $231,466, homes in Carnegie cost 44% below the national median of $410,000. This makes Carnegie a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carnegie?
20% Down Payment
$46,293
on $231,466
Monthly P&I
$1,207/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,533/mo
incl. taxes & insurance
Income Needed
$61,320
gross annual (30% rule)
10% Down Option
$23,147
+ PMI applies
Loan Amount (20% dn)
$185,173
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carnegie, PA?
The median home value in Carnegie is $231,466 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.4% year-over-year.
How much have home prices changed in Carnegie?
Over the past year, home values in Carnegie have increased by 0.4%. Over five years, prices have risen approximately 16.5%.
How much do I need to earn to buy a home in Carnegie?
To comfortably afford the median home price of $231,466 with a 20% down payment ($46,293) at today's rates (6.8%), you'd need a gross annual income of approximately $61,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Carnegie compare to the national average home price?
The national median home value is approximately $410,000. At $231,466, homes in Carnegie are 44% below the national average.
What metro area is Carnegie part of?
Carnegie is part of the Pittsburgh, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.