Yes, pity is a Scrabble word!
...and is worth 9 points in Scrabble, and 9 points in Words with Friends
pity
Verb
1. Share the suffering of
Noun
1. A feeling of sympathy and sorrow for the misfortunes of others
2. An unfortunate development
3. The humane quality of understanding the suffering of others and wanting to do something about it
What Scrabble words can I make with the letters in pity?
3 Letter Words
2 Letter Words