$1,800
3066 N Lee St
Philadelphia, PA
Land637 sqft lot
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Philadelphia, PA Housing Market & Real Estate
Buyer's market+6.0% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Philadelphia, PA is $265,000, up 6.0% year-over-year. Homes sell in an average of 69 days with 4,436 active listings. The market is currently a buyer's market.
$265,000median sale price
Is Philadelphia a buyer's or seller's market?
Buyer's market5.5 months of supply69 avg. days on market
Philadelphia, PA is currently a buyer's market, based on 5.5 months of supply and homes selling in about 69 days. How we determine this →
Homes sold
809
Last 12 weeks
Days on market
69
Average pace
Active listings
4,436
5.5 months supply
Sale-to-list
97.0%
Below asking
Philadelphia, PA market data
| Metric | Value |
|---|---|
| Median sale price | $265,000 |
| Median list price | $270,000 |
| Year-over-year price change | +6.0% |
| Average days on market | 69 days |
| Active inventory | 4,436 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 97.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Philadelphia housing market is currently classified as a buyer's market with a median sale price of $265,000. Prices have risen 6.0% compared to last year, with homes spending an average of 69 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Philadelphia
There are currently 4,436 homes listed for sale in Philadelphia, Pennsylvania. The median listing price is $270K. Featured listings range from $1,800 to $799,000.
$170,000
6925 Forrest Ave
Philadelphia, PA
3 bd1 ba1,146 sqft
Townhouse1,500 sqft lot
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$204,999
1941 Ruan St
Philadelphia, PA
3 bd1 ba1,335 sqft
Townhouse938 sqft lot
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$210,000
3120 Almond St
Philadelphia, PA
2 bd2 ba792 sqft
Townhouse769 sqft lot
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$275,000
4490 Livingston St
Philadelphia, PA
3 bd2 ba1,260 sqft
Townhouse1,428 sqft lot
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$280,000
1549 N Newkirk St
Philadelphia, PA
2 bd3 ba1,050 sqft
Townhouse783 sqft lot
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$349,900
3442 Holyoke Rd
Philadelphia, PA
3 bd2 ba1,224 sqft
Townhouse3,374 sqft lot
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$450,000
766 S Martin St
Philadelphia, PA
2 bd1 ba1,050 sqft
Townhouse675 sqft lot
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$459,900
2424 E Norris St
Philadelphia, PA
3 bd2 ba1,242 sqft
Townhouse742 sqft lot
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$469,900
3978 Carteret Dr
Philadelphia, PA
1,912 sqft
Multi-family4,625 sqft lot
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$525,000
878 N 22nd St
Philadelphia, PA
2,520 sqft
Multi-family1,258 sqft lot
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$799,000
2554 N Sydenham St
Philadelphia, PA
3 bd1 ba1,090 sqft
Townhouse674 sqft lot
More about this property
Looking to buy in Philadelphia?
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Active listings
4,436
Homes on market
Median list price
$270K
Avg. days on market
69
Days until sale
New this week
1,328
Newly listed
Price drops:21.7%of listings
Sale-to-list:97.0%
Top public schools in Philadelphia
50 schools tracked · 65,824 students
The largest public schools serving Philadelphia, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Northeast HS
Grades 9-12 · 3,264 students
Philadelphia Performing Arts CS
Grades K-12 · 2,600 students
Central HS
Grades 9-12 · 2,287 students
Lincoln HS
Grades 9-12 · 2,201 students
MaST Community CS II
Grades K-12 · 1,895 students
Washington George HS
Grades 9-12 · 1,886 students
First Philadelphia Preparatory CS
Grades K-12 · 1,818 students
Northeast Community Propel Academy
Grades K-8 · 1,762 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Philadelphia?
The median home sale price in Philadelphia is $265,000, up 6.0% from last year.
How long do homes stay on market in Philadelphia?
Homes typically spend 69 days on market before going under contract.
Is Philadelphia a buyer's or seller's market?
With 5.5 months of supply, Philadelphia is currently a buyer's market.
How many homes are for sale in Philadelphia?
There are currently 4436 homes listed for sale in Philadelphia, PA.
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