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Andorra Chestnut Hill Gravers Highland Roxborough Upper Roxborough Wissahickon Park

PHILADELPHIA, PA 19118

Real Estate Market Report  ·  Philadelphia County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 19118

Andorra · Chestnut Hill · Gravers · Highland · Roxborough · Upper Roxborough · Wissahickon Park

Market Analysis

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

The PHILADELPHIA, PA real estate market (19118) currently shows 22 active listings, with 11 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 17 days on market compared to 35 days last year.

The median listing price has fallen 24% year-over-year, from $2,097,500 to $1,593,250.

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: 10,599  ·  Density: 1,276.8/mi²  ·  Median household income: $100,386

Typical home value: $639,903  ·  Homeownership: 50.6%

Market Overview

Active Listings
22
⇩ 35.3% vs 34 last year
Pending
11
50% pending ratio
Median Price
$1,593,250
⇩ 24% vs $2,097,500 last year
Average Price
$1,846,901
⇩ 14.7% vs $2,165,804 last year
Days on Market
17
⇩ 51.4% vs 35 days last year

Price Per Square Foot

Median $/sqft
$504
⇧ 2.9% vs $490/sqft last year
Median Home Size
3,684 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 34 last year
  • Days on market: 17 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $1,593,250 (-24% YoY)
  • Average: $1,846,901 (-14.7% 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 5.6 miles — 517 listings ($309,370,158 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
19118Philadelphia, PA 191180.0 mi17$28,731,887$997,500$1,690,111
19128Philadelphia, PA 191281.8 mi107$64,208,774$428,000$600,082
19444Lafayette Hill, PA 194442.4 mi14$11,191,040$562,250$799,360
19038Glenside, PA 190383.0 mi46$28,625,478$501,250$622,293
19075Oreland, PA 190753.1 mi4$2,231,868$525,000$557,967
19095Wyncote, PA 190953.4 mi14$9,521,456$626,000$680,104
19035Gladwyne, PA 190354.0 mi9$45,639,747$5,758,750$5,071,083
19126Philadelphia, PA 191264.2 mi42$12,344,052$289,500$293,906
19034Fort Washington, PA 190344.2 mi9$6,192,621$659,675$688,069
19129Philadelphia, PA 191294.3 mi43$14,156,675$262,200$329,225
19428Conshohocken, PA 194284.8 mi64$48,268,416$590,406$754,194
19066Merion Station, PA 190665.2 mi12$8,752,944$512,425$729,412
19120Philadelphia, PA 191205.6 mi136$29,505,200$205,000$216,950

Frequently Asked Questions

How many homes are for sale in PHILADELPHIA, PA 19118?

As of March 2026, there are 22 active listings in PHILADELPHIA, PA (zip code 19118), compared to 34 the prior year.

What is the median home price in PHILADELPHIA, PA 19118?

The median listing price in PHILADELPHIA, PA 19118 is $1,593,250 as of March 2026, a 24% decrease from $2,097,500 the prior year.

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

Homes in PHILADELPHIA, PA 19118 spend an average of 17 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in PHILADELPHIA, PA 19118?

Based on current inventory and days-on-market data as of March 2026, PHILADELPHIA, PA 19118 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 17 days on market compared to 35 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 19118 save an estimated $31,865 compared to a typical 5% commission on the median listing price of $1,593,250. 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.