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City / Town Overview

Philadelphia, PA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Philadelphia, PA real estate market currently shows 5,949 active listings, with 1,839 pending sales. Homes are averaging 55.3 days on the market before going under contract.

Inventory has tightened compared to last year, with 52 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 55.3 days on market compared to 50.4 days last year.

The median listing price has fallen 2.9% year-over-year, from $318,705 to $309,601.

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Market Context

Market Context

Population: 1,593,611  ·  Density: 6,152.5/mi²  ·  Median household income: $58,805

Typical home value: $229,689  ·  Homeownership: 52.8%

Included Areas

Philadelphia: 19109, 19110, 19112, 19113, 19114, 19124, 19132, 19138, 19139, 19140, 19141, 19142

Northeast Philadelphia: 19019, 19111, 19115, 19116, 19135, 19136

Washington Square West: 19101, 19102, 19103, 19105, 19106, 19107

West Philadelphia: 19092, 19093, 19104, 19131

Brewerytown: 19121, 19130

Ludlow: 19122, 19123

River Wards: 19125, 19134

Northwest Philadelphia: 19128, 19129

Center City: 19099

Poplar: 19108

Highland: 19118

Allen Lane: 19119

North Philadelphia: 19120

Pittville: 19126

Area Map

Market Overview

Active Listings
5,949
⇩ 0.9% vs 6,001 last year
Pending
1,839
31% pending ratio
Median Price
$309,601
⇩ 2.9% vs $318,705 last year
Average Price
$413,139
⇩ 6.9% vs $443,937 last year
Days on Market
55.3
⇧ 9.7% vs 50 days last year

Price Per Square Foot

Median $/sqft
$232
⇩ 1.2% vs $235/sqft last year
Median Home Size
1,307 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %