SIALIMStatistical Intelligence for America's Local Investment Markets

16046 — Mars, PA Home Values

Typical home value $546,265 as of August 2026 · 5th of 294 in Pittsburgh, PA

Typical value — August 2026
$546,265
observed, not a forecast
Past 12 months
+3.7%
trailing year-over-year change
Past 5 years
+19.2%
August 2021 to August 2026
Rank in metro
5th
of 294 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 16046, August 2021 to August 2026. This page shows observed data only; no forecast.

How 16046 compares in the Pittsburgh, PA area

ZIP code 16046 (Mars, PA) has a typical home value of $546,265 as of August 2026, ranking 5th of 294 ZIP codes tracked in the Pittsburgh, PA area, more expensive than about 99% of ZIP codes in the metro. Prices here have moved +3.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.2%, from $458,088 in August 2021 to $546,265 in August 2026. Against observed rent, the typical home here sells for 17.4× the annual rent ($2,618/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Pittsburgh, PA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Pittsburgh.

Population and demographics

ZIP code 16046 has a population of 19,577, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 90.4% White, 5.3% Asian, 1.6% two or more races, 1.1% Hispanic or Latino, 1% Black or African American, and 0.6% another race.

Nearby public schools

SchoolAddressDistance
Mars Area Primary Ctr547 Route 228, Mars, PA2.1 mi
Mars Area El Sch549 Route 228, Mars, PA2.1 mi
Mars Area SHS520 Route 228, Mars, PA2.4 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 16046?

$546,265 as of August 2026, the latest month Zillow has published observed data for.

Is 16046 an expensive ZIP code in the Pittsburgh, PA area?

16046 ranks 5th of 294 ZIP codes in the Pittsburgh, PA area by typical home value, more expensive than about 99% of ZIP codes in the metro.

How much have home values in 16046 changed over the past year?

+3.7% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 16046?

The typical home price is 17.4× the observed annual rent in this ZIP code ($2,618/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 16046?

19,577, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 16046?

Mars Area Primary Ctr (2.1 mi), Mars Area El Sch (2.1 mi), Mars Area SHS (2.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 16046?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Pittsburgh, PA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.