Is Carnegie, PA a good place to invest in rental property?

Carnegie, PA has a median modeled monthly cash flow of $-268 and a median cap rate of 4.5%, on a median sold price of $240,500. Prices changed +0.3% year over year.

What is the average cap rate in Carnegie, PA?

The median cap rate across recently sold homes in Carnegie, PA is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carnegie, PA?

The median sold price in Carnegie, PA is $240,500 (about $168 per square foot).

Investing in Carnegie, PA Real Estate

A data-driven snapshot of the Carnegie, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$240,500Median sold price

$168Median $/sqft

4.5%Median cap rate

$-268Modeled cash flow / mo

+0.3%Appreciation YoY

8.3Months of supply

74Active listings

107Sold (last 12 mo)

What the Carnegie numbers say

In Carnegie, PA, the median home sold for $240,500 (about $168 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-268 of monthly cash flow. Sold prices moved +0.3% over the past year. Inventory sits at about 8.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See Carnegie cash-flowing listings

CashFlowRE ranks every for-sale home in Carnegie, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Carnegie deals, or browse the national market data.