Call or Text (240) SELL-123
Center City Center City East Elfreth's Alley Independence Mall Historic Area Market East North Del Ave Club District Old City Lounge District Olde City Penn's Landing Riverfront Society Hill

PHILADELPHIA, PA 19106

Real Estate Market Report  ·  Philadelphia County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 19106

Center City · Center City East · Elfreth's Alley · Independence Mall Historic Area · Market East · North Del Ave Club District · Old City Lounge District · Olde City · Penn's Landing · Riverfront · Society Hill

Market Analysis

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

The PHILADELPHIA, PA real estate market (19106) currently shows 131 active listings, with 41 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 60 days on market compared to 96 days last year.

The median listing price has fallen 0.3% year-over-year, from $494,950 to $493,675.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PHILADELPHIA, PA 19106 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 14,012  ·  Density: 6,364.3/mi²  ·  Median household income: $128,173

Typical home value: $511,316  ·  Homeownership: 47.8%

Market Overview

Active Listings
131
⇧ 1.6% vs 129 last year
Pending
41
31% pending ratio
Median Price
$493,675
⇩ 0.3% vs $494,950 last year
Average Price
$1,067,937
⇩ 8.6% vs $1,167,887 last year
Days on Market
60
⇩ 37.5% vs 96 days last year

Price Per Square Foot

Median $/sqft
$415
⇧ 4% vs $399/sqft last year
Median Home Size
1,264 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 131 this year vs 129 last year
  • Days on market: 60 now vs 96 last year

Median & Average Pricing

Year over Year
  • Median: $493,675 (-0.3% YoY)
  • Average: $1,067,937 (-8.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.6 miles — 1,715 listings ($727,893,590 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19106Philadelphia, PA 191060.0 mi117$124,180,992$447,450$1,061,376
19107Philadelphia, PA 191071.0 mi102$57,539,118$293,500$564,109
19123Philadelphia, PA 191231.3 mi129$95,482,833$590,000$740,177
08103Camden, NJ 081031.7 mi33$5,732,562$159,975$173,714
19122Philadelphia, PA 191222.2 mi116$49,996,464$329,900$431,004
19125Philadelphia, PA 191252.3 mi203$111,507,900$464,975$549,300
19148Philadelphia, PA 191482.4 mi225$82,388,475$327,225$366,171
08105Camden, NJ 081052.7 mi33$6,683,325$214,750$202,525
19121Philadelphia, PA 191213.2 mi192$57,724,800$260,450$300,650
19145Philadelphia, PA 191453.4 mi179$68,641,309$321,250$383,471
19132Philadelphia, PA 191323.8 mi195$30,248,985$126,438$155,123
08107Oaklyn, NJ 081074.1 mi38$13,075,534$328,750$344,093
19140Philadelphia, PA 191404.6 mi153$24,691,293$149,900$161,381

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19106?

As of March 2026, there are 131 active listings in PHILADELPHIA, PA (zip code 19106), compared to 129 the prior year.

What is the median home price in PHILADELPHIA, PA 19106?

The median listing price in PHILADELPHIA, PA 19106 is $493,675 as of March 2026, a 0.3% decrease from $494,950 the prior year.

How long do homes stay on the market in PHILADELPHIA, PA?

Homes in PHILADELPHIA, PA 19106 spend an average of 60 days on the market before going under contract, compared to 96 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19106?

Based on current inventory and days-on-market data as of March 2026, PHILADELPHIA, PA 19106 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 96 days last year.

How much can I save on real estate commission in PHILADELPHIA, PA?

With SELL123.com's maximum 3% commission, sellers in PHILADELPHIA, PA 19106 save an estimated $9,874 compared to a typical 5% commission on the median listing price of $493,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.