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City / Town Overview

Philadelphia, PA

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

Market Analysis

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

The Philadelphia, PA real estate market currently shows 6,885 active listings, with 2,015 pending sales. Homes are averaging 55.2 days on the market before going under contract.

Inventory has increased compared to last year, with 413 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55.2 days on market compared to 59.5 days last year.

The median listing price has fallen 5.7% year-over-year, from $323,174 to $304,630.

Whether you are buying or selling in Philadelphia, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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: 19103, 19113, 19116, 19126, 19131, 19133, 19138, 19139, 19140, 19141, 19142, 19143

Washington Square West: 19101, 19102, 19105, 19106, 19107, 19109, 19110

West Philadelphia: 19092, 19093, 19104

Brewerytown: 19121, 19130

Northwest Philadelphia: 19128, 19129

Somerton: 19019

Center City: 19099

Poplar: 19108

Burholme: 19111

South Philadelphia: 19112

Academy Garden: 19114

Vereeville: 19115

Highland: 19118

Allen Lane: 19119

Area Map

Market Overview

Active Listings
6,885
⇧ 6.4% vs 6,472 last year
Pending
2,015
29% pending ratio
Median Price
$304,630
⇩ 5.7% vs $323,174 last year
Average Price
$394,348
⇩ 7% vs $424,046 last year
Days on Market
55.2
⇩ 7.2% vs 60 days last year

Price Per Square Foot

Median $/sqft
$228
⇩ 3.8% vs $237/sqft last year
Median Home Size
1,305 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 %