Why Live in Rankin
Rankin, Pennsylvania, is a former steel town in the Monongahela Valley, characterized by its century-old homes and the nearby shuttered Carrie Blast Furnaces. The community features walkable blocks lined with prewar single-family homes, including National and Foursquare styles, as well as row homes and townhouses. Some properties are in disrepair, while others have been renovated, with prices ranging from $20,000 to $190,000. Larger apartment complexes are also present, making it attractive to investors. Commuters can reach downtown Pittsburgh via Interstate 376, about 8 miles away, and major hospitals like UPMC Shadyside and UPMC Presbyterian are around 6 miles away. Pittsburgh International Airport is approximately 25 miles from Rankin. The Woodland Hills School District serves the area, with schools earning moderate ratings. Local attractions include Emil’s Lounge, known for its massive sandwiches, and Mary’s Vine, a fine dining restaurant in a converted church. The Great Allegheny Passage offers extensive biking and walking trails along the Monongahela River, and Kennywood Park, a popular amusement park, is less than 3 miles away. Frick Park, with its hiking trails and playgrounds, is within 4 miles. The inactive Carrie Blast Furnaces host events like the Festival of Combustion, featuring metal arts workshops and fiery displays. While most of Rankin is unaffected by flooding, some low-lying industrial areas near the river are at higher risk.
Frequently Asked Questions
What is the average home price in Rankin, PA?
Homes for sale in Rankin, PA have an average home price of $58,940.
How many homes have sold over the last 12 months in Rankin, PA?
5 homes have sold in Rankin, PA over the last 12 months.
What are the most popular zip codes in Rankin, PA?
How much do you need to make to afford a house in Rankin?
The median home price in Rankin is $54,900. If you put a 20% down payment of $11,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $12K a year to afford the median home price in Rankin.
How are the schools in Rankin, PA?
Home Trends in Rankin, PA
On average, homes in Rankin, PA sell after 76 days on the market compared to the national average of 51 days. The median sale price for homes in Rankin, PA over the last 12 months is $45,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$45,000
Median Single Family Sale Price
$45,000
Average Price Per Sq Ft
$44
Last 12 months Home Sales
5
Median List Price
$54,900
Median Change From 1st List Price
14%
Median Home Sale Price YoY Change
9%