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City / Town Overview

Philadelphia, PA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Philadelphia, PA real estate market currently shows 6,945 active listings, with 1,697 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 386 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 62.8 days last year.

The median listing price has fallen 8.5% year-over-year, from $325,300 to $297,679.

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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
6,945
⇧ 5.9% vs 6,559 last year
Pending
1,697
24% pending ratio
Median Price
$297,679
⇩ 8.5% vs $325,300 last year
Average Price
$383,523
⇩ 7.9% vs $416,446 last year
Days on Market
65
⇧ 3.5% vs 63 days last year

Price Per Square Foot

Median $/sqft
$222
⇩ 5.1% vs $234/sqft last year
Median Home Size
1,304 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 %