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Market Square

Market Square

Suburban Neighborhood in Pittsburgh, Pennsylvania

Allegheny County 15219, 15222

$579,865 Average Value
$402 Average Price per Sq Ft
21 Homes For Sale

City blocks defining Pittsburgh’s skyline

Tree-lined plazas buzzing with colorful pop-up events and the melodies of midday concerts. The sharp, reflective spires of PPG Place. Ornate, Gothic-inspired facades adorning the Union Trust Building and First Presbyterian Church of Pittsburgh. At the center of the Golden Triangle, Market Square is the dazzling heart of the Steel City. “We open our condo buildings and invite people to go up for a tour. They’re from the suburbs or New Jersey or Florida, next thing you know, they’re living in the city,” says Mark Jennings, a downtown Pittsburgh real estate specialist and associate broker with Piatt Sotheby’s International. “People stop cutting grass and start enjoying life a little more.” With cultural hubs, global cuisines and Yinzer landmarks extending out in every direction, Market Square packs the ever-developing amenities of downtown Pittsburgh into flat city blocks stretching between the Allegheny and Ohio rivers.

PPG Plaza is a photogenic, tranquil place for visitors or workers who need a view for lunch.
PPG Plaza is a photogenic, tranquil place for visitors or workers who need a view for lunch.
Pittsburgh residents enjoy the local restaurants and bars within Market Square.
Pittsburgh residents enjoy the local restaurants and bars within Market Square.
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Shopping and dining across Pittsburgh

In Market Square’s namesake plaza, Pirates and Steelers fans wait for a slaw and fry-stacked sandwich from Primanti Bros. before the game. Across the way, margaritas and tacos are served to patrons peering through Las Velas’ second-story windows into the busy square below. Blocks away in the Union Trust Building, brunch-goers sip lattes and cocktails at The Speckled Egg and reservation-holders settle in for a lamp-lit, white-tablecloth dinner in the upscale Eddie V’s Prime Seafood restaurant. While nightlife is bigger in the Strip District, Cultural District and South Side, spots like Forbes Tavern and Barcadia offer different vibes for the after-midnight weekend crowds. First-floor storefronts house banks, convenience stores, boutiques and national retail chains. “There was so much excitement when Target moved into the old Kaufmann’s, it’s so busy they can’t keep the shelves stocked. I bet they wish they took the whole block, but Burlington got the right side with good old Five Below right in the middle,” Jennings says. More options for grocery shopping, dining, nightlife and retail shopping surround Market Square in the nearby North Side, Strip District and South Side neighborhoods.

The Yard is a popular bar located in the second floor of a market square building.
The Yard is a popular bar located in the second floor of a market square building.
Eddie Merlot's offers a delicious lunch and dinner for residents in Market Square.
Eddie Merlot's offers a delicious lunch and dinner for residents in Market Square.
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Condos from $270,000

High-rise buildings stack Market Square’s condos up into the sky. The lowest prices are found in the Carlyle Building, a distinctive early 20th-century stone structure with a rounded corner. Prices range from $270,000 to $565,000 as square footage and floor levels rise. The Residences at Three PNC Plaza offer more modern, luxury condos, boasting open concept layouts, floor-to-ceiling windows offering panoramic views of the skyline and prices of $1 million to $4.25 million. Three and four-figure monthly HOA fees cover amenities like the rooftop deck and dog park at The Lumière Residences and security services and fitness center at Piatt Place. Private parking garages and designated spaces are a coveted perk in some buildings. Market Square has a CAP Index crime score of 8 out of 10 compared to the national average of 4.

The Lumiere in downtown Market Square, features a gorgeous rooftop common area for residents.
The Lumiere in downtown Market Square, features a gorgeous rooftop common area for residents.
Beautifully designed buildings near Market Square in Pittsburgh have wall art that stands out.
Beautifully designed buildings near Market Square in Pittsburgh have wall art that stands out.
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Verdant courtyards and the Three Rivers Heritage Trail

In pocket parks and courtyards like PPG Plaza and Mellon Square, office workers and passers-through relax on tree-shaded seats and soak in the sight and sound of decorative fountains. Heading toward the Allegheny, Monongahela and Ohio rivers brings bikers and midday-strollers to the Three Rivers Heritage Trail, a broad, waterfront path traveling from distant riverside neighborhoods to the iconic Point State Park. “The bike trail connects to the Great Allegheny Passage. You can ride all the way to Washington D.C. but you’ve got to break it up into a few days and train for that – it's not exactly a Sunday ride,” Jennings says.

Mellon Square features beautiful water fountains providing a peaceful place for residents.
Mellon Square features beautiful water fountains providing a peaceful place for residents.
Three Rivers Heritage Trail wraps around the fountain at the Point.
Three Rivers Heritage Trail wraps around the fountain at the Point.
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Market Square markets, Cultural District entertainment

Cocoa sippers bundle up against the cold from mid-November through Christmas Eve to walk the Peoples Gas Holiday Market, an annual tradition that transforms Market Square into a Christmas village filled with dozens of garland-hung cottages selling seasonal gifts and decor. Mismatched vendor tents and a rotating lineup of local musicians take over the square on Thursday afternoons from May through October for the Market Square Farmers Market, inviting foodies to fill their stomachs and tote bags with local produce and meals prepared by nearby restaurants. Blocks away, the Cultural District’s performance venues supply a year-round program of entertainment, from traveling Broadway shows at the Benedum Center to dinner theater at the Greer Cabaret to soaring performances by the Pittsburgh Symphony Orchestra at Heinz Hall.

During winter months, Market Square has a large ice skating rink open to the public.
During winter months, Market Square has a large ice skating rink open to the public.
Market Square is always bustling with residents grabbing lunch or passing though.
Market Square is always bustling with residents grabbing lunch or passing though.
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Walking, biking, PRT busing and the T

Thanks to blocks of sidewalks and a growing network of bike lanes, it’s a breeze to walk or bike from Market Square to diverse downtown destinations. “You can take the Roberto Clemente Bridge over to PNC Park – they installed beautiful LED lights on those Three Sisters Bridges. Symphony fans and comedy club guys all go to the Cultural District, there’s improvements to the Strip District Terminal – you can skeeter around to all of it in a few minutes. If you live downtown, you can really walk everywhere. It’s unsurpassed,” Jennings says. PRT buses run throughout Market Square, and the T’s blue, red and silver lines pass through multiple stations. Pittsburgh International Airport is 18 miles away through the Fort Pitt Tunnels for more distant travels.

Pogoh is a non-profit providing bike transportation for Pittsburgh and Market Square.
Pogoh is a non-profit providing bike transportation for Pittsburgh and Market Square.
Pittsburgh Regional Transit is easily accessible to areas all over the city near Market Square.
Pittsburgh Regional Transit is easily accessible to areas all over the city near Market Square.
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Pittsburgh Public Schools, Point Park University

Pittsburgh Miller K-5 earns a C-minus from Niche, as does Pittsburgh Milliones 6-12. Budding creatives can apply and audition to attend Pittsburgh CAPA 6-12, which earns a B-plus, a few blocks away from Market Square in the Cultural District. “We still have the Pittsburgh Promise scholarship, so if kids stay in city schools, they can get a huge contribution toward college education,” Jennings says. Point Park University blends with city blocks closer to the Monongahela River.

Pittsburgh CAPA 6-12 is a magnet performing arts school.
Pittsburgh CAPA 6-12 is a magnet performing arts school.
Pittsburgh Miller K-5 is an African-Centered Academy.
Pittsburgh Miller K-5 is an African-Centered Academy.
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The Parkway East bathtub

While Market Square is safe from the floods, the infamous Pittsburgh bathtub forms on the Parkway East and other low-lying riverside roadways during unusually heavy rain. Traffic detours can be a headache until waters recede.

Julia Szymanski
Written By
Julia Szymanski
TJ Engler
Photography Contributed By
TJ Engler
Tyler Cataldo
Video By
Tyler Cataldo

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Marie Pace, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Pittsburgh International

26 min drive

Subway

Gateway Center

Subway

Wood Street

Subway

Steel Plaza

Bus

5th Avenue & Grant

Bus

Smithfield St & Sixth Ave

Bus

Fifth Ave & Wood St

Bus

Wood St & Third Ave Fs

Bus

Liberty Ave & 9th St

Bus

Fourth Ave & Ppg Entrance

Bus

Grant St & Strawberry Way (Us Steel Tower)

Crime and Safety

1 - Low Crime, 10 - High Crime Market Square US
Homicide 4 4
Sexual Assault 5 4
Assault with Weapon 3 4
Robbery 6 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 8 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$400,000
Median Single Family Price
$275,000
Median 2 Bedroom Price
$419,950
Median 1 Bedroom Price
$369,450
Average Price Per Sq Ft
$402
Number of Homes for Sale
21
Last 12 months Home Sales
15
Months of Supply
16.80
Median List Price
$457,997
Median Discount From 1st List Price
12%
Median Home Sale Price YoY Change
-25%

Home Facts

Number of Homes in Neighborhood
210
Median Year Built
2008
Avg. Single Family Home Size Sq Ft
1,125
Significantly below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,415
Average 1 Bedroom Size Sq Ft
761
Median Lot Size Sq Ft
7,840

Open Houses

  • Sunday, Apr 27
    2 - 4pm

    306 4th Ave Unit 2102, Pittsburgh, PA 15222

    $569,000

    • 2 Beds
    • 2 Baths
    • 2,084 Sq Ft
    • 306 4th Ave
    • Unit 2102
    • New 29 days ago

    Experience the Ultimate Urban Downtown Living at its Finest! Incredible and sought after the Caryle Condominium. Featues 2 BR's 2 Bath Luxury Condo approximately 2100 Sq. Ft. Wide Open Living Spaces with Large Windows with Stunning Views of PPG Place, Glass Buildings, and Views of the City unfolding beneath you; Very Large "Great Room" w/Fireplace & Elegant Wall Sconces; High Ceilings, Custom

    Lisa Solomon HOWARD HANNA REAL ESTATE SERVICES

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Marie Pace, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
2,337
Median Age
33
Population Density
23 ppl/acre
Population under 18
14.5%
Below the national average
23.8%
Population over 65
9.7%
Below the national average
19.1%

Finances

Median Household Income
$109,248
Significantly above the national average
$71,702
Average Household Income
$161,734

Education and Workforce

High School Graduates
91.6%
College Graduates
77%
Significantly above the national average
34.1%
Advanced Degrees
54.5%
Significantly above the national average
13.3%
% Population in Labor Force
69.5%

Weather

Annual Precipitation
41''
Average Winter Low Temperature
23°F
Average Summer High Temperature
83°F
Annual Snowfall
40''

Area Factors

Very Bikeable

Bike Score®

78 / 100

Walker's Paradise

Walk Score®

99 / 100

Rider's Paradise

Transit Score®

96 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Market Square