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Featured local agent — Philadelphia, TN
Sarah Mitchell
Compass Real Estate · Philadelphia, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Philadelphia, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$604,500median sale price
How is the Philadelphia, TN housing market right now?
The median home sale price in Philadelphia, TN is $604,500. Homes sell in an average of 105 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Philadelphia a buyer's or seller's market?
Philadelphia, TN is currently a balanced market, based on 1.0 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
105
Average pace
Active listings
2
1.0 months supply
Sale-to-list
95.0%
Below asking
What does the Philadelphia housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $604,500 |
| Average days on market | 105 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 95.0% |
| Median price per sq ft | $384/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Philadelphia by property type?
How the Philadelphia, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $604,500 | $384/sq ft | 2 | 105 days |
Source: Redfin · Updated monthly
The Philadelphia housing market is currently classified as a balanced market with a median sale price of $604,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 105 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Philadelphia
There are currently 2 homes listed for sale in Philadelphia, Tennessee.
Active listings
2
Homes on market
Avg. days on market
105
Days until sale
Who lives in Philadelphia?
Population
722
Median income
$68,618/yr
Median age
34.8 years
Owner-occupied
74.8%
College grads
15.0%
Avg commute
22.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Philadelphia?
Zillow home value
$297,883
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Philadelphia?
Philadelphia is a community of approximately 1K residents with a median age of 34.8 years.The median household income is $68,618, which represents a working-class community with solid middle-income opportunities. 15.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Philadelphia offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Philadelphia?
1 schools tracked · 542 students
The largest public schools serving Philadelphia, TN 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.
Philadelphia Elementary
Grades PK-8 · 542 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Philadelphia, TN?
Want a head-to-head view? Compare Philadelphia side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Philadelphia?
The median home sale price in Philadelphia is $604,500, down 0.0% from last year.
How long do homes stay on market in Philadelphia?
Homes typically spend 105 days on market before going under contract.
What is the median income in Philadelphia?
The median household income is $68,618 per year.
Is Philadelphia a buyer's or seller's market?
With 1.0 months of supply, Philadelphia is currently a balanced market.
What is the Zillow home value estimate for Philadelphia?
The Zillow Home Value Index (ZHVI) for Philadelphia is $297,883, representing the typical home value in the area.
How much does a single-family home cost in Philadelphia?
The median single-family home price in Philadelphia, TN is $604,500 (about $384 per square foot).
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